Looking for greener pastures
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are you crazy? you are trying to use a chart to predict a stock at this PPS? you should know that charts in the pink world on these stocks are rarely effective
so much for the chart predictions. they never go as planned. oh well....i guess ill have to hold for a lot longer until something happens. i would have thought for sure there would be carrier news by now. i am getting worried that something didnt go through or else we would have had an update about it by now. im looking to get in at .0003 now
well cmon how long have we been trying to predict ARET with charts...i said it last night and ill say it again today. it looks like we are going subpenny. something not good must be going on or we would have had an update by now. even if we do get a PR its not going to be a monster...probably wont move the PPS....id sell now and wait until it dropped and then buy low and wait for the run up. then id get the hell out of this stock
i would like to see ARETE go sub penny ...good entry point. i have a feeling it will
FRANK OLSEN THE CRIMINAL!
good article to read...shows just how valuable this stock will be in the future
the difference is that they are on the NASDAQ...netflix is on the nasdaq....where are we? i need to go compare the O/S of GZFX to that of netflix
the run to 32 what?
if no PR then this thing is going to tank. too many people are buying at these prices and the shorters know it. everyone thinks they are going to get it now and its just going to skyrocket with some huge PR. these people are going to get taken advantage of by having the stock shorted.
in case you have not noticed with these types of companies there is not very often a huge or great PR it comes in small spread out incriments
it seems like netflix has won the market. look at them...netflix is on the nasdaq and is at 20 bucks a share. thats pretty hard to compete against
how is it making a nice move?
.0003 here we come!
did PAIM do a split recently? what is the O/S and A/S of PAIM?
thanks
where is the buyback PR updating us on the latest round?
something small is going on here....we are seeing some buys....we are at a good time to get in. long term i see this well over 20 cents per share...easy.
if it does go sub i would get in, but thats also pretty scary. where do you think its going? from the charts you would think a rebound is imminent
whatever event that boosts us into pennyland i doubt we will see the single digits for too long because its going to be blockbuster
MENV.OB= Sleeping Giant!
once some more good news comes on the development of the land they bought then we should see some more volume. right now its a STEAL at what it is.
i see 30 cents a possibility withtin the year. now thats not to say something huge could be found. what if they drill a well and its a major producer
Once the black MACD line crosses the red its time for profit taking
thats true, and its also understandable. They need to understand though that we need energy sources and we must get to it until we find alternate ways.
thats just the way it is
the lower it goes the better for me to get into more
janice as much as i disagree with you on things, i DO agree with what you said. how can anything be a gold mine that is a start up with 10's and 10's of billions of O/S
sure it does..i do it all the time when i am cooking
TTIMMBBBEEERRRRRRRRRR!!!!!!!
watching this stock is like watching the lawn grow, am i wrong?
HELLO not like this HELLO
.0211 UP 34.39% in less than an hour of trading
BREAK OUT TIME FOLKS!
we are on the crazy train now!
just wait till news comes out...
.10-.15
this is a sucker stock, look how many shares are out there? i cant believe people are buying this thinking its a gold mine. sure they may be TRYING to do something and have some small business deals made, but look at the overall picture. none of the big boys are going to let them move into the market.
what the big boys will do is call hedgy up and short this thing into oblivion
what was the time frame for the buyback again?
remember .....on the MACD line on charts...when the black breaks above the red it is a good buy signal...when black goes below the red if you are short term or a flipper then sell
RSI=26.86!!!!!!!!!
this is as good as it gets for entry points folks!
well of course anything can happen, but is this dillution stuff true for fact? what are we at O/S wise? or better yet have they snuck a higher A/S by us?
lol thanks erock500 i know this will never hit a dollar...just kind of amusing to me because a few months ago people swore this was dollar material.
my sell point is .02
i bought at .01 a while back so i get a little back and i get out of this trap
$1 PPS....ever? is there ANY chance?
im holding GZFX, and a lot of my friends are too. Is this stock just done for now? I mean we had a nice run and now look...is it because of dilution? i have heard that there has been massive dilution.
is there a brighter future...i mean a serious chance and not because you would like it to be nice?
do people use this to try to predict direction and time of a targeted PPS?
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$15 per share calculation:
Hard for me to believe, and with the calculations I can see it happening LONG TERM say 8 years maybe 10.
Here is a summary of the properties that MENV has. At the end of it I will show my calculations. It actually seems to me that the shares will reach over $15/share. Maybe somebody can show me if I have made a mistake in my math. If I haven't, then eventually MENV is going to make a lot of us very rich.
Saskatchewan Projects
MENV has the right to participate in a proposed 50 oil well drill program in the prolific Kerrobert region of Saskatchewan. Micron Enviro Systems, Inc. has received the preliminary flow rates from the operator for the nine wells drilled in Saskatchewan, Canada and all nine wells have discovered oil. Flow rates were as high as 84 barrels of oil a day. All nine wells are currently flowing oil and generating revenue for MENV. The oil is comparable to West Texas No 1. The experience by other oil companies in the area suggests an approximate fifteen year life for the shallow oil wells.
Green Ranch Prospect, Stephens County, Texas
The Green Ranch Prospect is a proposed 15 well program consisting of 4,131 acres of leasehold on the Green Ranch in Stephens County, Texas. The primary target formation in this prospect is the Bend Conglomerate at a depth of approximately 4,500 feet. Secondary target formations are Caddo, Rotten Chert, Mississippian and Ellenberger. The region has the combination of relatively shallow depths (2,000-6,000 feet) combined the high producing rates and reserves. In 1997, in the area, First American, with investor money, drilled a well on one of the "bright spots" which Cactus Exploration, using 2-D seismic in a 3-D seismic computer program, which is a common practice, had located, and drilled a well. The well blew out around the surface casing at rates of 10-15 million cubic feet per day. In the Green Ranch Prospect, through the interpretation of the seismic data, several "bright spots" have been identified and are the primary targets of this prospect.
Z1 Well on the Green Ranch Prospect in Texas
The Z1 Well is currently producing both oil and gas revenue for MENV. This gas zone tested as high as 797 mcf/d and tested at 1,135 BTU's. Gas sales rates have been up to 250 mcf/d and the oil has been calculated up to 48 barrels per day. A well drilled in 1975 from the conglomerate zone, (the East Green H-2) produced over .95 bcf of gas and 86,500 barrels of oil over its lifetime. MENV is in the midst of planning a sizable multi-well program in an attempt to exploit the formation.
Jack and Palo Pinto, Texas
This multi-well project (the Martex Prospect) in Palo Pinto and Jack Counties is primarily a gas project. MENV plans to drill 7 wells in this area and we now have five new oil and gas discoveries on this prospect. One well, the Ima #2 flowed as high as 252 barrels of oil and 701 mcf of gas. One other well, the Henderson #3, flowed at a rate as high as 300 mcf per day without having to frac the well. Another well, the Wimberley #3 was put on line at 125 mcf. We have just recently announced two more wells; the Wimberley #5 and Wimberley #7 which have been put on line for sales. This makes this prospect five for five with two wells remaining to be drilled. These two wells are expected to be completed in 2006.
Athabasca Prospect
Micron Enviro has just recently announced, through its participation in the newly formed oil sand partnership of which Micron has 4.17%, a new oil sands acquisition in the Athabasca Oil Sands region of Alberta. The closest Oil Sands Project is the Whitesands project that is within 2 kilometers to Micron's new Oil Sands project. It has been stated in company news releases that they have reserves of 1.3 billion barrels of oil in place on the Whitesands prospect. The partnership acquired an 80% interest in the prospect.. The Consortium has made a payment of $1,772,500 for the acrage. In the coming months a full seismic program and test wells will be completed to delineate the full size of the reserves and to establish the best location to conduct the test pilot plant.
Micron Enviro Systems, Inc. has added three new Alberta Oil Sands leases consisting of 4 new sections in the world-class Athabasca Oil Sands region. Two of these new sections are within 5 miles of Micron's existing Athabasca Oil Sand Prospect. These two new sections are close to the existing Oil Sands leases held by Connacher Oil and Gas's Great Divide Prospect, as well as to other major Oil Sands projects by Devon, Encana, and Cononco Philips.
The other new Alberta Oil Sands lease acquired consists of two contiguous sections that lie just southwest of the announced Royal Dutch Shell Plc Oil Sands leases which they recently purchased for approximately $400 million.
Bernie McDougall, President of Micron stated, "This is absolutely the biggest news Micron has ever had. To participate in the acquisition of four new sections in the most sought after Oil and Gas region of the Alberta Oil Sands has to clearly signal to Micron's shareholders the serious nature of our goal to build the company through the Alberta Oil Sands. Overnight we have increased our land holdings in the Alberta Oil Sands by over 400%. When you look at the caliber of oil and gas companies that our new acreage is close to, you can understand our excitement about Micron's future. Our goal is to become a mid-range oil and gas company and we feel the best way to achieve this goal is via the acquisition and development of the Alberta Oil Sands property.
So it looks like the shale oil properties could contain 2 billion barrels of oil, but lets say that it is only 1 billion barrels. Then 1 billion barrels x $75/barrel of oil = 75 billion dollars. Well, I dropped the # barrels from 2 bil to 1 bil, but it is going to take several years to explore and the develope the infrastructure to extract the oil, and by that time oil will probably be $150/barrel, so our oil sands will then have 150 billion dollars of oil. We have a 4.17% interest in the oil sands and $150 billion x .0417 = $6.25 Billion for our share of the project. We have 378 million shares and so $6.25 Billion/378 million shares = $16.50/share. Oil compannies have PE ratios of 4 or higher, but say our PE ratio = 2x that = $33/share. And we have all the conventional oil and gas properties that will be generating money and so we shouldn't need to issue more shares, which would have thrown off these calculations. But even if I am a tadd off on my calculations, it seems like our share price should be over 5 cents a share. Possibly a lot over that, if we give the company time to develope all our properties