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You say "this is over 6 yrs old,tell us about the new aquisition"
What "acqusition"? You mean the "intended" or "Targeted" acquisitions.
I just showed you what DKGR'S "intended" or "targeted" acquisitions will be like when I said; "Here is a good DKGR post that will show you what's in store for their future."
These new "intended" or "Targeted" acquisitions will work out just like the 6 year old Pegasus Oil deal turned out, just more fake companies.
From DKGR'S web site.
PORTFOLIO:
OIL & GAS
Drake "intends" to focus on domestic, mature oil fields which eliminate the exploration risks whilst recognizing the preferred investment criteria of investors and funding groups. The use of enhanced oil recovery ("EOR") technologies includes surfactant/fracturing stimulation, surfactant-polymer technology, and water flooding methods.
The company has "targeted" the acquisition of 300 wells in the Appalachian Basin. This targeted region has over 15,000 marginal or non-producing wells due to the following:
Here is a good DKGR post that will show you whats in store for their future.
Go here, and then follow the replies.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=73579274
"Look at my post history. Buy in the .004's and make $$ is what I do"
Where's your DKGR buys today? We have all this talk about a buy opportunity when DKGR is in the .004's, but alas, only 80,511 buys today which equals $346. Sells were 1,517,231. Now who would be selling at these prices, could it be an insider? Naw. They wouldn't be selling with all the good news coming!
You ask; "Yes they were abandaned at less than $20.00 a barrel what is the price of a barrel today"
The real question you keep ignoring is, what is the "cost" of getting these wells working. When oil was $20 a barrel, the cost of reworking the wells were also much cheaper. And just what would be the return on the small amount of oil they could recover? I'm sure the big oil companies have already did their own evaluation of these wells and said, NO THANKS! Not worth the risk!
"looking very nice right now!!"
Where do you get that! DKGR 3,627,515 Sells, and only 373,985 Buys, according to IH Trades.
Looks like the scam it is to me!
"That's it, This is what you have for current and as Gold said, Yes We Have, so for sure you are working as a team, is team meetings on Monday's are over the weekend, get current or zip. MC"
That sounds like YOUR group that continues to promote this scam. After all, You and several others here did work for DKGR in the past. You, and DKGR even claimed to have settled all the shares you received working for them, whatever that means. What did you guys receive in return? Please share what the fine print details of "settled" with us means.
"but let us leave it at that "
Not on your life.
When they stop the unwarranted dribbling DKGR HYPE that is being displayed,, and tell the TRUTH about DKGR, then I will leave it at that!
"Can you bring anything CURRENT thats NOT from 2006? LMAO"
Well everything concerning DKGR from 2006-2008 is CURRENT. All you have to do is change the dates on the PR's. Also, all the old gang of DKGR employees/IR etc. are repeating the same old HYPE after being completely WRONG before!
Also, Planopenny asked for this info.
Planopenny, here are a couple more.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69776238
Planopenny, I have never worked for DKGR. Not then, or now.
Here is a post that will show you who the other former DKGR IR guy was, along with Z, that posts here.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=10672844
Plan, you first wrote this; "My original question is this. Did some posters here "used" to work for the company as IR?"
Now I posted where they "USED" to work.
Now you say; "Isnt that from like 5 years ago though...lol In penny land that's like a lifetime."
Here you go Planopenny!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=22963838
zeroluv
STuesday, September 18, 2007 2:24:48 PM
Re: None
Post # 18544 of 19018
Attention all MPCers and DKGRers! I just want to announce that Isellbeachhomes and I have accepted a position on the Drake Gold Resources INVESTOR RELATIONS team as of Friday September 14th 2007. As many of you know we have been invested with personal capital since 2006 and now stronger then ever we believe the company is poised to make unbelievable strides during the rest of the 2007 year and heading into 2008. Although we have been traders by nature we have decided going big on something we believe in is better then a few small gains. We will make sure that we help bring value to the shareholders that has been long over due. Due to conflicting issues, we will no longer be moderators of the DKGR IHUB board although we will be officially available via email and the INVESTOR HOTLINE which we will request posted to the IBOX and company website. We thank you all for your support and we look forward to a great future!
"Does not sound like a scam to me, they have to produce and soon,"
I think you said that, and much more, about DKGR's last scams.
This just seems to be a replay of DKGR events a few years ago, and we all know how that turned out.
Did you miss the "INTENDS" in the headline.
"Real Resource Fund Intends to Invest $1,000,000 Into Drake Gold Resources' Oil & Gas Work Program'
As for "has already advanced the first funds". Why no dollar amount? Could be $1, just so they can say that. Ask yourself, if it was a substantial amount, why not state it?
The bigger problem is that this new loan company, has Clayton's old address, and is probably just another Clayton Smith scam company. GL
"it has 12,5000,000 barrel of oil and at lets say $90.00 a barrel. Egoh gets 75% thats $67 a barrel times $837,500,000 lets say the get a partner for 50% that still $418,750,000. That is a lot of money."
Did it ever occur to you to figure in the expenses of paying off the fines, getting the wells tested and repaired, along with a thousand and one other expenses. These old fields may have some oil left, but it is much more expensive to get what's left. That's why they abandoned them. Oil may have been cheaper when they abandoned them, but it's also much more expensive now to get the oil out.
If it was as easy as you think, why are the big companies not jumping on these old wells?
Wilmot is only using them to scam investors.
"There now is a FaceBook page for WRGL shareholders:
http://www.facebook.com/WarriorGirlCorpShareholders, WRGL"
What a joke WRGL's Sociallive.com turned out to be. They can't say they weren't warned!
I thought Sociallive.com was a better facebook? Now WRGL has to use their "supposed
better than facebook site", as the site to promote Sociallive.com.
How many scams does WRGL have to pull before investors realize this company is run by the same scammers. Like most other Pink Sheet scams, they just hire new management, puppets really , come up with some hair brained idea, and away they go! But not for long. They always crash and burn.
I can't wait to see what crap fluffy words DKGR will come up with in their next PR!
Good for you!
I did notice you chose your words carefully, like in DKGR's PR's, and said, "$DKGR "may" be producing oil now", and not "are" producing oil now.
"In your opinion only!!!"
But then, when has my DKGR opinion been wrong? Look back in your DKGR posting and see how many times your opinion was wrong!
DKGR had a much better looking chart 5-6 years ago, but then back to the 000's. It will be back to the 000's before you know it!
"LOL 6 years ago who cares!!!"
Those who are thinking about buying in to DKGR's latest scam may CARE!
All these NEW DKGR PR's are just like the OLD ones, full of lies!
Here is what matters with DKGR! Sound familiar?
Drake Gold Resources Inc. (OTC: DKGR) announces new beginnings for the company. Through discussions with the principle shareholders, current management has decided to shift its focus to develop shareholder value in the most efficient way. Part of DKGR's continued growth strategy is aggressively seeking new opportunities to bring into DKGR to produce value for the shareholder base. As part of the strategy defined herein, there will be a name and symbol change as soon as possible.
Due to recent economic and geo-political events, the market is fully aware of the impacts of the weakening dollar and the growing concern for gold prices. Prices have as of recently been hitting approx. 25-year highs above $560 an ounce. In recent reports, analysts have predicted that gold prices may reach almost $600 to $800 an ounce by the end of 2006 on gold mine supply worries and firming jewelry demand. This is making previously non-economical mining deposits valuable again as prices have doubled since many areas have been placed out of commission.
Currently discussions with industry professionals have proved to be very beneficial and the company is preparing for shifts in the management team to better cater to the new vision of DKGR. Several potential high value properties have already been located and have been under review by the panel of professionals to determine if the area is gold rich and worth further mining efforts and exploitation activity. Although this change is an about-face from the company's previous business model, DKGR believes that the opportunities located in such a venture will be directly connected to the shareholders value and are fully confident in building a strong foundation in 2006.
DKGR - Press Releases Coming Soon
DKGR had a good press release on 6/6. Had to do with the acquisition of another company, which if you do your research is a very profitable company. A couple of lines in the press release said more specifics will be coming out in the form of press release about how profitable this company is that they have acquired. A couple of stock forums have said they have contacted their shareholder representative of DKGR, and he said they are double checking their numbers on the new press release and there should be a flurry of them coming out over the course of the next few weeks.
A couple of good analysts expect this thing to jump big when these releases come out. Once it goes up, big, I'd try to get out. Make my quick buck and run, dont get greedy.
Reply With Quote
06-27-2006 12:05 PM #2
Boxslayer
UF. Champion U.
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Drake Gold Resources Inc. Announces 100% Acquisition of Pegasus OilWell Services as the First Part of the Expansion Into Oil and GasDevelopment
Jun 6, 2006 08:30:19 (ET)
CENTURY CITY, CA, Jun 06, 2006 (MARKET WIRE via COMTEX) -- Drake Gold Resources Inc. (PINKSHEETS: DKGR) is pleased to announce the acquisition of Pegasus Well Services, scheduled to be completed within two weeks. Pegasus is a San Antonio-based company that services all of South Texas with a growing list of oil services. ( http://www.pegasusoilwellservices.com )
Estimations of revenues for 2006 will be released after evaluation is completed of audited financials and the operations. The acquisition will make Drake a profitable company. The acquisition is being done for all stock, which is restricted for 2 years.
The company plans to expand operations to include complete well services for wells above 10,000 ft. in depth including acidization treatments, cementing, and drilling operations. Pegasus is a growing service provider specializing in shallow oil, gas, and water wells in the South Texas area.
The company began operations in November of 2001 with the first several months being devoted to training personnel, acquiring, and modifying needed equipment. The company became more active over the first 3 years, solidifying its foundation in 2004. Operating with only one cementing unit, its sales for 2005 exceeded $600,000 over a shortened year due to a mechanical rebuild of its main unit.
With the addition of Pegasus, Drake plans on adding additional cementing units, hydraulic fracturing units, drilling rigs, and other needed services, with the intent of becoming a one-stop shop for the oil business. With the growing demand for oil and gas operations in the Texas arena, revenues are expected to continue to rise.
For Drake, the addition of a full-service oil well company will make the advancements into oil and gas development hastened and is lowering capital needed to begin operations. The market today makes it very difficult to schedule equipment needed to perform these services so having them in-house gives Drake the ability to move consistently from project to project without any delays while minimizing risk.
Furthermore, Drake has already made a series of advancements into acquiring oil and gas leases, projects and potential joint ventures to build its portfolio of petroleum operations. The current acquisition and connections already within the industry have located prime targets in South Texas, the Barnett Shale in Texas, California and Louisiana. With the new service division it makes it very easy to obtain projects for low costs and entice current operators to entertain joint ventures.
This is in tune with its recently announced corporate strategy, which is partially outlined here:
"DKGR intends to be a diversified company by operating in the natural resource, petroleum, and alternative energy markets. As a result of ever-increasing scarcity, the market for natural resources is clamoring for diversification and innovative exploration tactics. Potential opportunities for diversification include diamond, gold, silver, copper and other minerals in areas such as Arizona, Oregon, Alaska, British Columbia, the Yukon Territories, and other affiliated sections throughout gold districts in Northern Mexico. DKGR also plans to capitalize on current and long-term trends in energy prices to operate in the petroleum and alternative energy markets."
The Drake team believes acquiring Pegasus Well Services is a step in the right direction -- it minimizes the risk of oil and gas exploration while building solid well-margined cash flows.
Current and future shareholders are encouraged to sign up for email updates. The new Company website provides current news releases, reports, interviews, industry news and market related information. To sign up, click on the link located under the main menu at www.drakegold.com .
Shareholder inquiries and suggestions are welcome and should be directed to the Drake Gold, Investor Relations Team at (toll free) 1-888-601-9983, internationally at 1-503-618-0370, or via email at info@novakcapital.com.
About Drake Gold Resources, Inc.
Drake Gold Resources, Inc. ( http://www.drakegold.com ) is an early-stage mining and energy company that focuses on the exploration and production of precious metals, diamonds and energy, such as petroleum and coal. Several projects have been identified through Thunder Gulch Resources, Ltd. and its resources in North America. Drake is in the process of completing the acquisition of Pegasus Oil Well Services. ( http://www.pegasusoilwellservices.com ) Announcements will be made as agreements are completed.
This press release contains forward-looking statements involving risks and uncertainties including statements regarding the Company's future performance. Such statements are based on management's current expectations and are subject to certain factors, risks and uncertainties that may cause actual results, events and performance to differ materially from those referred to or implied by such statements. In addition, actual future results may differ materially from those anticipated, depending on a variety of factors which include, but are not limited to, our ability to leverage our technology, manage our growth, protect our intellectual property rights, attract new customers and general economic conditions affecting consumer spending, including uncertainties relating to global political conditions, such as terrorism. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company does not intend to update any of the forward-looking statements after the date of this release to conform these statements to actual results or to changes in its expectations, except as may be required by law.
"$DKGR all Recent News!!! http://www.otcmarkets.com/stock/DKGR/news"
It's is just like ALL the past DKGR news, things they INTEND to do, but never really happens.
"Peter is supposed to be great IR according to Willy Wizzard"
That was until DKGR/Peter/Clayton wouldn't anti up for his promotion of DKGR back several years ago. WW snag like a canary with all the gory truth about their scam on RB. Once they paid him, then it was back to praising DKGR. It's amazing what people will do for money!
Are you talking about the, "Maxim Markets for services as DKGR Investor Relations 2007-2008" guys?
I'm sure there are some others not on the list.
"For a couple of hundred bucks they could have used a different drop box and at least kept people guessing a little bit longer."
Clayton could have also hired a different IR guy, along with a new DKGR IH board hype crew!
Sloppy to say the least!
That's why I said, "I would love to see the actual agreement with all the details. But then, I know that won't happen."
This is just part of Clayton's new scheme to resurrect DKGR from his last scam. He just put a little lipstick, and a new dress (management) on his PIG known as DKGR, and it's off to the races!
What is telling to me about DKGR/Clayton Smith, is that the former DKGR employees posting here, don't even try to refute the undeniable fact that Clayton is still in charge. I wonder what Clayton gave them in return for the below blog announcement about Stock Settlement and to continue promoting DKGR? I would love to see the actual agreement with all the details. But then, I know that won't happen. All we get is HYPE, like, Wait till next week!
Monday, 01 November 2010
Drake Gold Resources DKGR Completes A Settlement Of Stock Outstanding
Drake is pleased to provide an update on turnaround developments of the Company. As stated in a previous blog post, the Company has been in process of reorganization. Part of the turnaround process of Drake requires all stock accruals and stock outstanding to be settled. This process is ongoing and the outcome of the company’s efforts will be reflected in the financial statements. To provide an update of this process, as of October 2009 all financial obligation of monies, stock accruals or other due to the following parties for complete term of service was relinquished:
Nicholas Slinde for service as interim CEO 2008-2009
Steve Wilson for service as acting CFO 2008-2008
James Goularte for services as Advisor/COO 2007-2009
Katherine Jones for services as Advisor/VPO 2007-2009
John Sampson for services as Advisor 2007-2008
Rick Hupe for services as Advisor 2008-2009
Maxim Markets for services as Investor Relations 2007-2008
Clayton Smith for services as CEO/Chairman 2006-2008
The Company would like to thank the above parties for their forgiveness of debt and continued support. The above parties all see this action as a necessary step in developing Drake into a profitable Company.
Planopenny, you say "They didnt go get funding to do nothing."
What part of "INTENDS" in the DKGR PR did you not understand. The first part of your senrence is correct. "They didnt go get funding". If they ever do get any funding, it will be to do "NOTHING", other than to line their own pockets.
"Sounds like excellent news to me.. GL to you and to Isellbeachhomes in your new assignment!"
I think you missed the date of that DKGR post. It was back on September 18, 2007 when DKGR ran their last scam.
Here is another post of one of DKGR's past scam oil ventures being hyped by the same poster hyping DKGR's latest oil venture. He was dead wrong then, and now.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=21737455
Here is another good IH DKGR post that any investor here should read. Good DD.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=22963838
"the majority of shareholders know how a structured corporation is run"
You are right MC! The only problem is that this corporation known as DKGR is not "Structured" like legit corporations. If you say otherwise, then prove it please. Give us the "REAL" DKGR corporate structure, and who has the controlling interest here. This new "Management didn't get picked by themselves.
MC, You have one problem saying the past management was stupid, made mistakes, etc.
In every DKGR case you mentioned, the "negative" truth tellers tried to tell investors that these were scams, but management always came up with excuses. There were no "mistakes" as you claim. It was just a well orchestrated SCAM in every case by none other than the present DKGR orchestrater, Clayton Smith!
As for "So much for visiting the past, time to move forward". The "Past" is still the "Present". Just look at the address for DKGR's financing company. It's from DKGR's/Claytons "Past".
"None of that 5 year old crap should be on the table here.. This is all new and folks making coin here don't care what happened then..It is just cluttering up the board with nonsense!!!"
Oh I'm sure those promoting DKGR would love the idea of not bringing up that "5 year old crap to the table here.." As for "all new", it's not "all new". The only thing "new" here is Clayton's puppet management he has put in place again.
As for "It is just cluttering up the board with nonsense". The nonsense here that is CLUTTERING UP THE DKGR BOARD, is that Clayton Smith thinks he can pull the same old DKGR crap he pulled 5-10 years ago, and people believing it.
"The CEO has a tremendous track record of success."
The CEO may have a tremendous track record of success, but his puppeteer/ boss is none other than Clayton Smith, and you and I, along with everyone else here, know his SCAMMING record.
Thanks ufc, and ALL these "negative" but truthful DKGR posts by others are GOOD!
You know MC, that DKGR post is almost word for word like some you wrote about DKGR back when DKGR was running their last SCAM.
VT, this is one of the best DKGR posts I've seen lately. Many here have been saying what you just posted for Years! CS is not the only Brilliant DKGR salesman here. He has his past and present people hyping DKGR, again, as in the past.
Keep posting the REAL TRUTH about about DKGR.