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Thanks asus,
Does that include the gut wrenching ride NDOL went through today?
asus,
I agree, there is a peice missing. It is most likely one or maybe two. Then it would be safe to begin releasing prelim numbers.
pnew,
I believe the o/s is much smaller than number you stated. I put the real value some where in the .22 - .26 cent range.
I screwed tho pooooch on that one when I sold at $24
I agree, could be a scramble.
Sit back and wait, I think some nice things are on the horizion. Just the number of PR in the last few weeks is a sign of deciding what to release and a sign that they might be at a point where a high percentage of there plans are in place with the exception of one or two last bits.
Nice...
Thank you asus, CHK your email.
Good enough. Anyone have locations... etc...
Does any one have a link to material on the SEC provisions concerning shorting that will begin on July 3rd 2006. Would like to read and see if it will sffect PBLS in a positive way.
Sorry should of read,
"No Basher ever Bashed a BAD stock"
Most important is the rigs and the cash flow. They declaired a record quarter. Does any one know DD. I hope to gather any DD and head up to the area in 2 weeks. I live in Sugar Land which is 10 miles from Houston. In Texas terms; right around the corner is 400 miles. I drove 745 miles to day to chk out a company in LA. So please feed me any DD anyone has and I will take it with me. If you do not care to post it then please email it to me.
PS
Only 38,000 at .75 to .13 but will take a larger stand and share DD.
Hi all,
Does anyone have any details on the rigs that they picked up? Number, type or age?
Gone for a few days and I missed the arrival of a bashing crew. ???
"No Basher ever Bashed a good stock"
Asus,
Thanks for the "Congrats" I think I know where the profites are going and so do you...
Chat later,
70434 tomorrow if you know what I mean....
I was told that they have rigs and that more news would be coming
A little to wild turkey and some fun with the bashers.
Guess I should not do that though just messes the board up.
Great day.
I hope I was not of the ones you put on iggy on RB
Nailed it at .075 for 38,000
We all have to sell some time. What are we here for. I took half my cash off the NDOL table on Friday and let the free stuff ride.
Napolion,
I have to hand it to you. That was a great ploy to draw out the longs and the worried. A true sucker punch. Nothing you could not have found out on your own, but used the "Help me Ploy".
A grade "B" BASHER at the least. But remember the rule of dirty investing... When you are out ripping off children, someone is home F###ing your wife... Don't worry it will happen. What comes around goes around...
$800,000
Sorry my mistake on the NDOL math. 1,000,000 shares of NDOL at .80 cents is $800,000 not $80,000
$35,000 / $800,000 = .04375% less to roll the dice with PBLS.
Thanks for correcting me Las V.
Just thinking here. Maybe it is real or maybe it came from a Vulcan mind-meld with my wife's cat Oscar... Good momentum in stock last week. Something most likely will be released Monday. A lot of guessing has been going on with progress on many fronts. It is a chance to decide what to release to continue the move but not one that will shoot up then pop back down. In a move toward the form 10 and an exchange move there meeds to be a steady release of information that builds up pps to the time they do the form 10 & exchange move and then mkt forces take over.
If there is a delay in the schedule of the form 10 & exchange move then there needs to be a decision on what to release to continue the move in pps on the adjusted schedule.
I think some thing is a brew'n
That is exactly why they think about IT more than we do.
$20 bucks says he is in Louisiana.
Did Mike tell you where he is???
ProGas and the three service companies have connections in the rig world. We are buying relationships as well as service companies. Ask yourself this question... Do you think the service company owners ever had a dinner with a rig owner? Apply this to other walks of life. Does a sales person ever have a dinner with a client?
As for directors;
I see the so called lack of as; Potential sources of high impact PR's.
As for CFO/CEO, I think that issue has been discused between them more times than we have brought it up. Think about IT. It has most likely been brought up by their Lawyers, Accountants, SEC advisor, etc...
I think the comments earlier were way out of place for the context.
Nothing to do with financing. The former. Just some people over there that have chosen to take a personal interest in the stock. I think that is a good thing that account managers there would say positive things about PBLS... the buy back means Cash Flow. A continued buy back means that PBLS considers its shares are cheap and are a better investment than other alturnatives for the same price... I think the money came from the oil in KY and (or) increased mine activity.
I think something is a brew'n.
This stock as drawn attention of some people at ML
PS Smoke,
My point is that all this lays before PBLS. And if PBLS was at .80 cents then there would be 5.75 doubles in front of us. From .03 to .06 to .12 to .24 to .48 to .80.
PBLS vs. NDOL
The bang for the buck is better with PBLS. Example; If you own 1,000,000 shares of PBLS and PBLS moves just .01 cent that = $10,000. A move by PBLS to .53 cents times 1,000,000 shares = $500,000. The investment of 1,000,000 shares of PBLS will cost between $30,000 and $35,000.
1,000,000 shares of NDOL will cost you approx. $80,000 (Saying that you can get in before a PR on Monday). NDOL will have to move from .80 cents to $1.30 for you to get the same $500,000 BANG FOR THE BUCK.
There are differences. NDOL has a buyout of an undisclosed sum on the table. NDOL will make income from rehabilitating an oil Russian oil field.
1) Russian taxes on oil are not kind. Anything past $25 per barrel on the international market and the tax is over 50% for any income over $25 per barrel.
2) It is Russia. The rules are simple. They change at the whim of the Kremlin.
3) NDOL is at a crux, it must deliver on huge promises on Monday May 1 2006. And hence my description of D-Day.
PBLS has challenges as well but they are not at the crux nor do I believe that they will ever put themselves up against a wall.
1) PBLS oil will not suffer a debilitating tax scheme.
2) PBLS has a string of news coming up to grow pps on. The three service companies, oil production in KY, the TN WY & NV leases, pit production, Form 10, exchange move, and other stuff we don’t even know about.
3) PBLS has service companies and a firm to market the oil and thus save on over head.
4) PBLS is not a one oil field shot company.
5) PBLS does not have a 12 – 1 reverse share split in its history. The past and present buyback of shares alleviates that scenario to all investor’s relief. (Divide NDOL .80 cents by 12 = .0667 cents per share and you get what the original has now)
6) PBLS has a chart of management people that I know exist.
7) I do not have to dig up a phone number and call at midnight and hope an English speaker picks up the phone to verify their Russian operations or call the US embassy there to dig up such information.
In short the cost of the bang for the buck at PBLS = 30,000 / 80,000 = .375 % less than the BANG for the NDOL buck and I don’t have to ride the anxiety wave of D-DAY type scenarios.
Both are moving to another exchange. NDOL is a reporting company.
NDOL was an investment vehicle to build my position here at PBLS that is now over 1.2 million shares and I belong to a group that owns between 7.1 and 8.1 million. I plan to top my investment in PBLS off at 1.5 million personal shares and the group will top off at 10 million shares.
After I am done with PBLS I will ride it out and if it hits a buck I will shave 10% and hold the rest for the very long run.
My counter weight to PBLS (When I am finished at 1.5 million shares) will be UTS Energy on the Canadian exchange.
PS
I have seen the offices of ProGas. I have spoken with many of the top management (No I don’t know any insider info), I have met one employee and I plan to meet others. I will visit the mine next week (I hope).
This is why NDOL is just an investment vehicle to achieve my real goal of PBLS.
Asus,
Email me. My email is on my profile. Monday is D-Day for NDOL. It could be crushing or it could be good. I hope people do not follow my bets because the bets can be out there.
PS
Ask me about my COO...
That is why I sold half of my holdings there today and Bought PBLS. Most of my holdings in NDOL are at .28
The meaning of my post and to the point; I am terminating holdings and piling into PBLS.
I will not. I was referring to a total share amount 5 or 6 people where I work have.
That is why I personally up'ed my holdings in PBLS by another 100,000 today. Monday is D-Day for NDOL. Which ever way it goes I figure it will lead to an additional 500,000 shares of PBLS. That will take me near 2 million. Which will equate approximately 8 million shares of PBLS between a close group of us here at work.
Others here at work are building their Holdings as well.
I agree. I sold my EDNE to be here. I kept it for my companies stocks for the long...
EDNE (Eden Energy) might be sitting on an Iranian style Anticline system. On the same trend as Woverine Gas & Oil and PBLS. Not saying PBLS is on an anticline system at all. My company owns 25,000 shares of EDNE. I think they will announce before the end of May... Their drilling schedule. Same as PBLS, a 14,000+ hole, if dry their hole would be 500,000 more than PBLS at 4,500,000.
Total play for EDNE, a total waste if dry, if the anticline exists then $50 plus a share.
Also???
To show how easy the stock can move???