Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Read the ibox info. No one here will be interested in your stock even though its a miner. Pump it on your board. Good luck.
In my opinion, its a certainty that this stock is going way up. I wont guess the pps or timeline. I think in the next Few months it will move big. Maybe it will be 8 months. 6? Who knows.
What I do know is that 2 cents is too cheap for this stock and that it has the potential to move to. 20 plus in a matter of 5 days. This isn't a flipping stock. It's a stock to make a fortune on.
What's with the. 002 drop? I don't have a volume chart I'm on my phone.
When this stock moves up for no apparent reason, We get news the next day. This stock trades funny for now. But will be moving hard soon enough. Its a matter of time.
Doesn't do you any good to watch the inter day moves. All games. Games are over with some good results on either project. Mms wont feel comfortable screwing with it when billion dollar plus valuations can be coming in.
Ok. I read the PR. It is 4 percent. Sorry. Someone posted they had a 5 percent royalty interest as well. This really means they have nothing to do with any part of this well. Only check writers and recievers.
Also the OS is 1.39 billion. I've been saying 1 billion. This new info makes this much worse.
I'm done posting for now. Ill be back for questions later if it looks like its needed. Sorry the scam has been set. Hope for the best.
Is it 4 percent or 9 percent?
I have been saying 9 percent. I have 4 percent or more WI in a dozen Wells. I have never spent more than 12k on 4 percent. These Wells produvlce from 12 bopd to 30. If you are buying stock here to get oil you are shortchanging yourself.
Hedge fund? One well with possibly three in the future doesn't seem like a hedge fund target. Its time to call a spade a spade.
A small number listened to my advice on this stock and got out. My next advice is to NOT double up, hoping to average down to get your money back. This is going down the toilet. When they start dilluting things will really get bad.
Anyone know what the execs are making for managing this one well? ( no actual managing going on seeing as they have nothing to do with day to day operations) as for the three being negotiated, I could do that over the phone from my office in days to a few weeks. I postedh a link last night to 200 multi well operations for sale. Take your pick, and you will will have started a potentially more profitable business than corestream, with sure thing money coming in each month.
Link to a page with 100 oil opportunities : http://www.mergernetwork.com/index/oil-and-gas-businesses-for-sale/
Look how much this stuff costs, look at what ZLUS has.
There are high dollar low risk wells and cheaper high risk wells that need work. Can you trust the porn king to pick the right ones? How much will they pay themselves to "manage" the operation. Manage is used loosely here because they are, after all, just writing checks and signing contracts that they dont draw up themselves.
What are you valuing the stock at? I am asking because I believe it to be overvalued by about 20 times. It would be helpful if they said how much the well produces per day. But they wont tell that because that will send investors running away even faster than they are now.
Am I missing something? What makes it more valuable that a fifth of a cent?
Ok. I think that informative post is total junk. Its total pump from a long probably stuck in his position from. 005 or something.
Spin this how you want. They don't own anything. How will they buy into more and bigger Wells? This is a high dollar game and they don't have the dollars. That's ok and that's not the main reason I don't like zlus.
Its because they acted like they were getting a big piece of this well. They have a billion shares OS. Then we find they only have 9 percent. That may have only cost 27k to buy. It may only gross 25k a year. You are considering buying shares of an "oil company" that only has 9 percent of one well and a 1.5 billion a/s?
Now people will say that its ok, they have three deals in the works. They are no secret surprise. They will cost 36 times the monthly gross they produce. If the well produces one hundred k a yearthen zlus pays 300k. They can buy as much or as little as they can afford. They don't have any money thought.
Wait. There's a magic institutional investor. They are going to fund the three Wells. Wont they want the returns in proportion to what they invested. Wont they?
If you want to be in the oil business this isn't the right stock. Just buy into an existing well like zlus says they are doing.
Downward trend. Touching lower lows each day. Low volume rallies. Poor news. Scandalous CEO. Ect
Chart is looking good? Maybe your monitor is upside down. Get the Geek squad over to help set up your equipment.
I am surprised its still above .001 . A matter of time.
Tsx will bring tons more investors than bb. You can trade if you leave zecco or the other micro brokers and use Etrade or another equivalent.
You are oblivious to whats about to happen to the pps, or you know and are trying to get others to buy your shares on the way out.
I will be back when more info is available so others may learn about the oil business. Maybe not lose ALL of their money on this deal.
I think you are messing with me now. There is some risk with existing wells, that's why they use 3 years and not 5 or 10.
Are you kidding? A well can run dry. There isnt one huge oil supply underground that connects all over the world. Surely you couldn't think that.
I didnt say that the earth could run out of oil. I said a well can. I think I am wasting my time here, there is a non nonsensical answer to everything.
yes. unless unforeseen events happen. Oil can dry up at any time. This is break even pricing for an existing well.
How to value the upcoming oil projects:
The three producing well they're in negotiations about will go like this. They take the gross production of the well for the past few years. Determine an average income it will produce by averaging costs/expenses and refinery checks. Then they take the monthly gross times 36. Thats how oil wells are bought and sold in the US and all over the world.
If they want 40 percent ownership in a well that produces 30 bopd, then you take 12bobp*$85 = $1020 * 30days * 36 months = 1.1 million dollars. This is the standard market value. Most believe that oil is going up, so they might change that 36 month figure to 37 or 38.
To buy that well they would need to have or borrow 1.1 million. Then, you could expect to gross approx. 360k per year, with that figure dropping each year from dwindling reserves. It might go for 2 years or it might go for 25 years. That's part of the risk in the oil business.
They can buy as many oil projects as they can afford to. So can you personally. You could call up the current owner of the three wells and they would probably give you the same exact pricing as ZLUS.
This business is fairly simple. I said in Jan. that this is a scam and get ready to be ripped off, few listened. Still few on here listen. They just want to say "We have oil. End of story. Anything can happen ". There are some sad truths that people need to learn here affiliated with this stock, theres a limit to how much it is worth, and the current pps is way way higher than its worth.
I would value the stock at less than .00002. If I really need to I will break it down more.
Where are they getting the 8 to 10 mil credit line? I dont follow.
If this "institutional" investor chooses to participate in a "project by project basis" then I assume that they will want their fair share of the returns. ZLUS would be making money by managing their interests in the well.
I still dont understand the role of Corestream at all. They are an oil company but do no material oil operations involved with the production or drilling.
Thats because no one one this board know enough about oil investments to get out.
This well would have cost 300 k at the very most to drill and complete. 150k is probably more like it. This means they got into the project with a check for 14k to 27k. That's it. No more no less. Then you guys were tricked into thinking they had 80 percent or whatever.
There are guys on here that have spent 14 k on this stock alone. And what has that gotten you? One percent approximately (10 million out of a billion OS) of a 9 percent ownership in a well. With the production of that well unknown.
one percent of nine percent is so small it is really hard to calculate how much oil you get per month. Also, you have ZLUS "management" to pay. Including ex-porn investor CEO.
Even without the CEO of porn, the oil numbers ar far from making any kind of economic sense. Forget all this wait and see business. 9 percent of a well is a joke.
I agree oil is rising. Zlus has very little of it. Especially. When OS is a billion and rising.
1 billion shares. 9 percent ownership in one well. Maybe it grosses 80 k a year. What should the pps be?
People keep talking about the 75 percent ownership in the next well. Where will the cash from that come from. Because this 80k a year doesn't amount to much when you pay the"CEO" and "cio" and such. This is a joke.
Oil prices are rising. I get it. But your stock owns very little oil. Lots of hands in the mix wanting paid. Pure junk.
Why try to get more paying passengers onto your sinking ship? This so far had all been very negative. Why risk more here. ?
They only have a 9 percent ownership In the well. People were expecting 7 to 9 times that. I would say that this stock is worth 7 to 9 times less today than it was worth on Friday. Hard to argue with that.
But they Will own more of the next one. What next one? The one they will definetly hit oil on? What if that misses? Oh - an existing well they are going to buy. That's worth three years of its production value. How will they pay for it. ?
Info you want to buy ownership in an existing well don't buy this stock. Buy into an existing well. You can find out how in 2 hours of online research.
Right now 19k will get you one percent of a company that owns 9 percent of one well. 19k will get you an instant income of 6k per year in an existing well. That may last for 20 years. This stock is not the way into the oil business. Its a way to lose all of your money.
Momo up? Nice one - lol. Hopefully another spot on prediction.
I disagree. I think Dutch gold should update its Facebook status every hour. Dutch gold is...in Atlanta waiting on hold for the last 7 minutes - uggh!. Dutch gold is ...wondering if there are any new restaurants in the downtown Atlanta area worth trying? Dutch gold is... teleconferencing with their lawyers in Canada. Crusher - good idea! This would be good for the pps if they facebooked more! Keep them coming! Facebook equals gold!
Time to get real - Where are they getting the money for the other wells? Answer that please.
What would he report? The company isn't anything but a shareholder in a well. They don't have any business with picknig the site, hiring contractors, drilling, or maintaining the well. They don't have anything to report because until they have the production figures and ownership percentage, there is no news.
If the well isn't done it isnt done. End of story.
If they do get a lot if oil there are 50 other unknowns. They then have to try to dill another one. That may not hit. And so on. This stock is pure fake junk.
There are people on here that can give you a realistic idea ofvwhat to expect if you don't believe me. This stock is doomed.
There were a billion OS and the could be 1.5 billion now for all you guys know.
I watched gold rush on discovery last night too.
Flippers were trying to flip. Holders were holding. Many on here have more themselvee than the total volume yesterday.
This stock trades weird so its had to flip. I recommend holding for actual news later this month.
That wasnt real news. They were just clarifying that they do indeed have the permit and the only reason that they PRed that they did before the fact was a payment issue.
The small bit of news is that they are starting two weeks ahead of their first guess to begin drilling. Hollis said Fri that he would clear the mess involving the payment Mon or Tues.
We will get real news any day and we will see some action.
They are establishing. 02 as a perceived top. When they get enough it will move up again.
Rookies trading here? Who sold at. 018 -.019? This is moving today maybe tommarow. Who cares. See you at a Buck.
The reason this has been so undervalued is that people were leery of buying into another gold penny as they had been burned or seen people get burned by the other three or four junk gold scams as of late. This is the real deal. People have been picking it apart for months and the best they can come up with is that some documentation didnt have an unneeded seal on it from the geologist.
Also there were two people with the name of the geologist and one of them had been recently fired from his job. The two main guys paid themselves in stock instead of suing the company for money it didnt have. Almost forgot that one.
Im sure Im missing some. You can go back in the board and read up, its not that entertaining. False or erroneous claims were immediately met with three of four peoples DD that proved them wrong.
Lots of new faces here pumping this up. Its not needed. When they put out the news on Jungo and in Feb. or when they outline their plan on Basin Gulch .02 will be a thing of the past. No cheer-leading will be necessary.
I have tons of this stock and wven though I usually like to play the charts, buying and selling multiple times, this stock scares me. One morning they will put out a PR saying they have been bought or they are entering into a JV. This will then really fly into dollars like it should. If I sold millions at 5 or ten cents I will have flipped my way out of a small fortune.
Good luck to all with this stock. Flippers will pump and flip in the upcoming days - good luck to you. PPS will soon be where it should be and longs will really start making cash.
Who wants in before news? Maybe tommarow?
Demand for this stock is going to keep building. Don't pass up a 50 bagger for 1 bag.
Speculation based on a combination of the best gold market ever and a company with the potential to get millions of ounces of it out of the ground. Or a bigger fish will swallow us whole and make me rich. USA!!!
Dude. 05 is way low. Look at the other junk that's gone way past that. This is an actual stock and an actual company.
Etrade will have you up and running by the end of the day. Then No worries.