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Again, from what I see he had two choices,
issue the new shares, build something by which
the investors are investing in the building process,
or simply walk away and let it rot,
I could not be happier he took this route,
we have not only a future, we have a present,
and I expect a ROI for myself and others,
GO Peter,
keep it up.
MC
He's really a good guy
Minh... I never really went away,
just didn't have anything to say, and
still not much,
but I was not the one near by taking pictures,
that was another investor who lived near by,
I'm over a hour from there.
But did want to meet with them and take a tour
just before the sxxxxt hit the fan,
still open to it.
MC
Wiil try,
thank you,
MC
No disrespect to anyone....
But do we have anything besides that e-mail from a third party
that was posted here to go on?
Has anyone spoken to Ray lately?
Is he still there?
Has anyone driven by there lately to see if they're still
there like in the past?
Anyone....
MC
RFB, You make some good points,
and I said all along I did not like the new share structure,
but then again, without it we would have zip
and even with the share structure the way it is if / when
the numbers start to increase and we are a solid Oil Producing
base, the price should reflect it and we get to the penney
or three I have been waiting for,
just my thinking, but again, you have some good points.
MC
jmb16, I see where he's on there,
what his value add there is not sure,
I also viewed their new web page today,
looks impressive, very impressive,
but what I don't get is the great pictures?
Are they pictures of the companies operations
or someone else's to give the impression that
they belong there?
Don't know, why I'm asking?
Web pages are great, but actually building something
is where it's at and where the majority of resources
should be focused, without building something
it's like using a sand foundation to build your house
and we all know how that ends up.
So again, I don't know, just asking, but it is a very
attractive web site.
MC
Wipper, Personally, at this point, I don't care...
Part of me wants it to fall to 3's so I can load up another
5m shares, but I would not badmouth the stock or try and
scare people to get it, not in my DNA to do that,
and it's just not right, I don't care if one is a so called
prfessional trader or not, it's just not right.....
then again, it can go up and my existing shares are worth more,
I know in time where I think it's going,
so I'm pretty relaxed either way,
MC
UFC, you can look it that way
if you like,
I don't,
but I have to give you credit, you didn't
cut and paste to reply to a simple post,
Congrats,
MC
Vegas, Bottom line
If they are building something as advertised, like the fields in PA. JV's, Parker, etc...this should work and we will all be very happy before long,
if not and all it's about is selling shares, then they should be run out of town and out of the business alltogether,
it's that simple,
I think we're building something in the right time and in the right market,
if not, it was a giant waste of time here..
Cup is more than half full I think.
MC
Wipper with Peter / New management, it's like the
young bull and the old bull,
The young and old bull were on top of a hill
looking down at a bunch of pretty cows feeding below
and the young bull (old management) said to the old bull.....
let's run down there and each get us one of those cows,
and the old bull (New Management) said,
NO! Let's walk down and get them all.
Perfect example.
MC
Wipper, I tink it's two diffrent styles,
Peter is more build, build build and then build some more and do it with integerity,
the other route was more short cuts and what ever it takes
but that way does not last.
MC
seanpersons1 So my question, if you owned the company
AND IF you were in a position to do something positive,
would you do it now or asap or wait until say the
2nd or 3rd week in the new year,
just wondering what people would do?
NO... I have no clue, just got my eye on it is all
and speculating is all.
MC
Who in the Hell wakes up one Morning and says,
Think I will go kill some kids?
way more than sick,
so how do you prevent it
and still have some freedoms?
I'm not pretending to have the answers,
just the questions,
I'm Outraged Too....
badcap, Yes as expected, but I don't think PPS will increase
until after the first of the year, normally Xmas and Tax
sell off,
either way is cool,
but they need to think outside te box (or well) too,
how to increase it, how to grow it,
that's where their head should be
MC
Pistol 2 When I Inquired a few weeks back,
I was told we get 50% until such time as they get
something like $6,200 (think that was real close to the number)
then we get 100% of that lease amt.
There are other leases and at least one JV with other terms.
The $700,00+ Yes they should make those numbers, not a big deal.
But What they need to do is set a goal of say $12m in revenues and work backwards from there and figure out how they're going
to geterate it, via.... new leases, horizintial drilling on existing leases other leas property options, new property,
JV's or whatever,
you set a goal, you work back from there, then you do project management to make sure you're on target, if not you adjust,.
Way I was raised in business,.
MC
MC
Medcal....OK I see No basis after all.
I respect that you state it.
But no, I don't expect any overnight BIG BANG in production,
but just as posted maybe 2 BOPD for 12 wells in or by end Feb,
that adds up nice at $85 ea and it's a really great start / foundation,
but I really don't care, looking for price to drop some more by XMAS and I will pick up more as a present to myself,
but I don't try and scare people out of them, if they
want to sell, fine, if not ok too,
it's all good,
MC
OK, I'll play along,
What is your basis?
Chris, ok here it is,,
weather report in our Oil Development Area
43 to 53 between now and Sunday,
with Showers Expected on Sunday,
then 48 - 34 from Monday through Sat.
I could work in that weather,
MC
Happy ... Great Update,
Ties right into what I thought was going on.
So far Peter has done everything he said he would
so I can pretty much feelcomfrtable that will happen
here,
why I check the weather forecast in that part of PA
all the time,
MC
Wipper, Contract,
we've covered that many times but it just keeps
coming up, I even checked with the company on it
and you are 100% correct,
but it keeps recycling,
it's like a dog chasing its tail.
MC
IH... Drake could be looking at around $640,000 in revenue
Yes that would be a start but not nearly enough,
you have to think big to be big, I'm hoping that's
where we're headed,
sure we will get the Myers lease up and running and generate
those numbers, I'm not concerned about that,
my concern is how to grow beyond that,
yes we have the other lease options and can build tword that,
but if there's oil in the ground and we're pumping 1-10 BPD
from a well that's what 30 years old, we need to step it up,
drill horziontally, sell that stuff and reinvest and build.
Be all that you can be,
that's my thinking.
MC
Wipper, I agree I don't think he's writing any PR's for DKGR,
They don't even look the same anymore.
Where are people making this stuff from?
Sounds like Hip Shooting just to get attention,
Last I asked the two of them had not talked since
sometime in the spring,
and last I heard they lived about two thousand miles apart.
MC
Happy, Will do, but I only speak with him 1-2 times a month
to see what a IR Guy can talk about,
You have to think Big to be Big,
I sure hope DKGR thinks that way,
but we do have a solid start.
MC
Been looking at a few other stocks too.
They have potential and waiting for some things
to happen, but here, we actually got a start on
what we've been waiting on,
so if they can just keep doing what they started
and increase on it, we should be pulling away from
the station before too long.
MC
Wipper, get them to do some horizontial drilling
to really increase the production, it's shallow wells
and they could pay the drillers a Premium based on
increased flow / revenues,
I mean we know there's oil there, let update how we
extract it versus those 30 year old pumps?
MC
Wiiper, great job and yes they are pumping Oil
with more to come.
MC
Feler, Welcome abord,
MC
You LUCKY devil ... Yes I hope to be,
and what else you said, not a bad idea,
it keeps you healthy....
I sent Peter the quesion I posed earlier asking him (and badcap)
if the sidewise drilling makes sense for us,.
MC
Badcap...
So here's my drilling question,
I saw a video on horizontial drilling that one of the investors posted on the DKGR Board,
and I realize it is for deep drilling, but it was more than impressive, so I was wondering
If we have say 10 wells producing maybe (ok maybe not all 10 wells are in operation yet, no big deal) anyway,
why could we not use the horiziontal drilling in the shallow area where we are permited to maybe go
from 2-10 BPD to maybe 30-50+ BPD, it seems to me (ok I am not Oil Educated and know it, so just a question)
if we could drill horizontally we could really increase the production and use maybe Parker and pay them a premium on future Oil Production to do the work and possibly increase production 5-10+ times and captalize on the existing assets and increase the ROI?
Anyway just a thought.
MC
Happy, if you look at it that way, it's true, very true.
Time for bacon and eggs with my coffee,
Have a great Sunday, I just invested almost a grand in Laker Tickets, Merry Xmas for someone(s).
MC
Peter, I don't even know the guy, never met him,
just he was the IR contact and the more I spoke with
hime and the more he accomplished things, the more
I was impressed by him and he does seem like a very honest
guy,
I feel sorry for him taking all the hits for past things
he had nothing to do with, but he knew that was coming
when he took the job,
personally I think it's a good thing, lets me buy at much
lower prices than if not, now only if we could get these
guys talking to the gas stations...
MC
Sweetcrude, I agree, and I forgot to add
He gives us a future!!!!!!!!!!!!!!
Also all these conspiracy theories with him and people
from the past, they should talk to him vs hip shooting
and posting it as facts
He is very upset about some of the things were said and done in the past and has little problem stating so,
if there was a business bond there he would not say some of the things he has about past people that have been involved
I think we got a real shot here an that 0045, is just a first or second step.
MC
Sorry.. Plain and Simple,
keyboard sticking
Peter M. Is a Investor Hero Plin and Simple!!!!!!!!!!!!!!!!!!!!
Why anyone would believe a word this company's principals say is beyond me. Let me answer that.......
To make it simple, for about the 40th time....
Peter stepped to the plate when we were going to loose our lease,and any hope of turning this aroud.....
he acquired the Myres lease,
he acquired other lease options,
he got us back to Current Pink Sheet Status,
he got us debt free
he set up new relationships with other companies
he set up JV's
he paid off tons of debt
he got us OIL
he got us producing assets for the first time in the company history (as far a I know)
he kept the company from falling back into a dormant shell postion when things fell apart back in June
he takes grief everyday from a few people and keeps on going forward
he answer phone calls and talks to investors.
he got off his but and served his country
he's a great guy......
These are just a few of the things that quickly come to mind
and that I'm aware of, sure there' a lot more in the works
that I don't know about.
Hopefully I won't have to answer this question every week anymore.
MC
Blow, great post and on target
greenpar,
Not to ignore you, but my answer is I don't know,
at this point I believe the PA project is small, but growing
I know there's a Joint Venture with Parker Technologies,
but what that is and where does it go, not sure,
I would imagine you will get some responses from others here
that pretend to know, but I would discount them, at least
for now until further information comes out,
and then there's our CEO on other peoples Projects too,
So like I said, I don't know that much,
MC
Metal, think that's where we are,
Starting,
which is so much beter then just
Speculating.
MC
blow.. every 30 minutes would be fine with me.....
But it's hard to say we don't know how many wells are
operating, at what capacity and how many more are
coming on line or when
New drilling would be more than cool...
48 degrees and rain there now and showers forcasted for the
next 3 days but the 10 day forecast does not
show any snow....
MC
PS.. We got OIL!