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I am in the same boat except I could not avg. down. But with current prospects of the company I see the PPS going much higher than current levels. Stay tuned for my email feedback I received from IR. I will post it in few hours.
Brendan,
I have asked about 10 different questions to IR and they replied to me. I will post it later today.
Peter
IR is very pro-active. I trust your statement.
Thanks for sharing this info.
Last time they filed NT-10Q for late filing was on Feb 15 and then within 4 days on Feb 19 10Q was released.
http://www.otcmarkets.com/stock/GRPR/filings
So yes, I suspect and expect a PR any day next week.
911 were followed by PR last week. Coincident? We will see...may be new PR is closer than we all anticipate. GL!
Yes. From today's NT-10Q it looks like that. Read following:
The Company could not complete the filing of its Quarterly Report on Form 10-Q for the period ended June 30, 2013 due to a delay in obtaining and compiling information required to be included in the Company's Form.
I believe it is the update from Solimar energy. I asked the IR about it last week and they did mentioned that they are still waiting for info from solimar to disclose it
I guess end of this month or earliest next month. Mere news of drilling should be enough assurance to investors to send this above penny level. I agree with Cabo. It is possible to get that kind of PPS in longer term.
Brendan, Thanks for providing IR feedback. I have sent few questions myself waiting for their reply. IR replied yesterday they were not in the office. So I am hoping to get some answers today or tomorrow.
Quite frankly I see very few "black gold" prospect companies in sub penny oversold territory. I hope next week GRPR will trade above.005 with some great PR to begin with. GL!
Is that good or bad?
Next PR very soon. Getting 911 trade just like last week. GO GRPR!
Did you get the details?
VIP EARLY ALERT SERVICE FOR GRPR
http://ih.advfn.com/p.php?pid=nmona&article=58811056
Thanks
That would be great!
I simply love that statement. Its HUGE!!!!
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
$GRPR--- "It is their intention to begin a drill program upon the completion of achieving its operators permit for California and the finalization of the necessary studies that are required by the state to issue drilling permits"
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To all new shareholders :
Reasons to invest:
1) DTC Chill Removal
2) Got the drilling permit & applied for Operator license
3) Communications to shareholders
4) Updating Website
5) No new Notes until November.
6) August Note was already Converted (Confirmed)
7) Book Value is 0.20 cents
8) Possible Partnership or J/V
9) Old valuation promo link (needs a revisit)
www.gridpetroleum.com/?page_id=488
10) GRPR is way oversold.
We might have another major PR very soon. Check out today's PR about Solimar.
http://finance.yahoo.com/news/solimar-energy-limited-sale-tejon-113000830.html
The sale reflects the continued efforts of the Company to focus its resources on the commercialization of the Kreyenhagen Field, Temblor Sandstone heavy oil play. The first well of a three well drilling program, (K 2-33) reached a total depth of 1,472 feet measured depth on July 20 and was subsequently logged and cased. The well was directionally drilled up to a 48 degree angle and encountered approximately 600 feet (measured depth) gross interval of the Temblor Sandstone. The second of three wells, K 7-33, is anticipated to spud in mid-August. This well will be vertical and have whole core cut across the Temblor Formation to further investigate reservoir and fluid properties and calibrate wire line logs.
K 2-33 will be completed and placed on production, using a completion rig in due course, to obtain reservoir fluid samples and to evaluate the production performance of a deviated well on primary production. The Company plans to include the well in the upcoming Phase II thermal (steam) pilot test currently scheduled for early 2014.
fake wall at 0.0010. Slap it...GRPR!
Amen to that!
I know Pal! GL tomorrow!
I wish I could. I would have happy even if I loaded few under 15s. I ran out of dry powder for now...Got too exited when it was high 20s ...
Looks like news will be there 100% for sure in pre-market.
Question is : Is that good enough to make that kind of run?
I hope so. We longs have suffered enough already
I bought in way over 20s....still kicking myself for wrong move...but will keep this event as learning experience in pennyland. On the other hand if this company truly drills OIL & become profitable in near future then I will consider myself LUCKY to get in high 20s. GO GRPR!
GM All! Can't wait for tomorrow . Hope longs win this uphill battle! GL All!
He is not lying. I got same email he posted about Pre-market PR on Monday. IR is very active. We will see what happens. see below(i removed my personal email-id)
*****************************************************************
Fri, Aug 9, 2013 at 4:15 PMFri, 4:15 PM
Message starred
Re: GRPR question
Hide Details
From
Investor Relations
To
Peter Gates
Peter;
Thanks for your inquiry.
The company is releasing news pre-market Monday morning.
Regards;
IR
Quoting Peter Gates <>:
> Hi,
>
> Can we common shareholders please get an update on Monday regarding
> company's current business status? Lack of news is literally killing
> the stock price.
>
> Thanks
> Peter
>
>
> ________________________________
> From: Investor Relations <ir@gridpetroleum.com>
> To: Peter Gates <>
> Sent: Friday, August 9, 2013 12:32 PM
> Subject: Re: GRPR question
>
>
> Peter,
> The company is waiting on Solimar regarding the information we can
> disclose at this time.
> Regarding the status of the blunt nose study, I will try to confirm
> its status by Monday.
> Regards;
> IR
>
>
>
> Quoting Peter Gates <>:
>
>> Hi,
>>
>> On March 1, 2011 Six wells have been submitted to the State of
>> California for permitting. Is Blunt Nose Lizard "study" done?
>> When we can hear about plans to spud three exploratory wells?
>>
>> Thanks
>> Peter
*****************************************************************
They were so right about high of .0029 PPS
from latest 10K:
Due to our minority interest in the Garcia#3 well, we are reviewing operational alternatives to resolve our inability to control the development of this well and the field in general for any future drilling activities. The Company continues to evaluate leases available in the same area as the Premont Field, which may be available for the Company to lease directly from the mineral rights owners.
Just Received Email Reply From IR
This is my last email for today (reached the limit)
GL all longs on Monday!
I sent an email yesterday & just got the reply as below.
*********************************************************
Peter,
The company is waiting on Solimar regarding the information we can disclose at this time.
Regarding the status of the blunt nose study, I will try to confirm its status by Monday.
Regards;
IR
Quoting Peter Gates <**********@****.com>:
(i removed my email id above)
> Hi,
>
> On March 1, 2011 Six wells have been submitted to the State of California for permitting. Is Blunt Nose Lizard "study" done?
> When we can hear about plans to spud three exploratory wells?
>
> Thanks
> Peter
*********************************************************
BUY WHEN THERE IS BLOOD ON THE STREET
That 40,000 just went is mine. It cost me less than 50 bucks. I bought major shares at 26 but at-least some shares at very bottom
I got in high 20's & I am out of powder. I wish I had some dry left to get these cheapies
Look at Solimar now it is 100% Up.
http://ih.advfn.com/p.php?pid=squote&symbol=sxs
I think the PR if related to Solimar well comes out we can easily break .0050 by end of next week!
Remember it always DARK before DAWN! I am holding long and strong here. GL!
Don't fall for MM games. Monday we are going to fly north for sure. News or not GRPR is way way way way oversold! nuff said.
Thanks ysung!
Hope its a great PR on one of solimar 6 wells.
I think those who are selling now will miss the boat.
ysung,
please copy paste email. At last some Rays of hope it seems!
Thanks
tragic...sorry to hear that happening.
They are talking about SXS I think.
http://ih.advfn.com/p.php?pid=squote&symbol=SXS
thanks