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i think most people will be happy with a 4 bagger at this point an then we can see where we can go from there
lol that is a great answer
i do not care if we are at 100 million O/S if we are producing from vm-179. but say we get to 125 O/S before we have any guidance will you get worried then? the price could be sub penny again
xzx at what O/S count will you get worried at? because dilution those not seem to worry you just wondering mine is above 75 million
lol everyone is in the red today no matter where you bought. this is pathetic.today is the end of the world for all the longs it seems like
honestly i would not mind either if they acquired us at a 15-20 million dollar market.
honestly i do not want a pump P.R like some of the flippers in here. i just want guidance. we have not had any since October. also it seems like we picked up quite a few more investors at this level which means there is no way they are not selling if this goes to a dime thats 4 times their original investment
my mistake was seeing how Tony gave in depth updates on the mustang Project that gave me confidence to buy in august with an average of 0.0075 to 0.008. because i thought once hurricane season ended he would give us updates on how to progress with the next project. its been 21 days now and it does not look good. im hoping debt conversions stop around 75 million shares but thats just hope. and Their was no fluff in those updates just read it on the company website
yea im a long but i do not know why people are so optimistic right now how can u be at these levels you need 400% increases to break even lol. The pipeline was not our companies fault but it has cost us 3 weeks of revenue so far which is 5k at the minimum.
jeeze with oil above 90$ in pre market now with no middle east tension at the moment you would think this would benefit WGAS positively.oil up 5 dollars past week. and we still tanking i do not understand this is frustrating. if something happened in middle east we could shoot up to 95$
ty you for this point of view if we get news on pipeline fix imo opinion we get back to 6 cents. we wont take off. you are right people are to positive for this price it is scary. i am a shareholder just like you and i have same perspective
Oil is at 88.50 least we got that going for us right now. It would be nice if it where to break 90 again and i really can't find anything on this pipe it has been frustrating. as long as the O/S stays below 75 million in near term" 6 month" i think we are fine on dilution stand point
thx on the update so it has risen 700k in 1 week because it was at 49.8
honestly if that happens i expect more than a double/triple i expect a 10 to 20 bagger form these levels. if the freakin announcement of the pipeline is fixed we are at 6 cents again imo
i dont know now how are you still positive at this price? i do not know how many people are positive at this price. almost everyone is in the red. the reality is most longs are still down +50%
jeeze i have been looking up costs of oil rigs and it seems like to rent one for Vm-179 to be around 100k perday and to purchase one it be around 75 million
i was talking about trying to find a rig for about vm-179. thats what tony might be working right now but i dont know just speculation
on cnbc the other day they where talking about OIL in North america and they said the problem for most companies right now is their are not enough rigs to go around. ... and this is for the big companies how are we going to get one?
xzx i wish i could average down but when sandy hit it took all my extra cash i had. that was not a true P.R that was a operations update and it was bad news. And mason has really not been in contact with shareholders since october.
WE need guidance it haas been over 2 months since the blog was updated on the website. SLME stated repair would be complete by today. at least oil is holding these levels at the moment. why are people so postive right now on a stock at all time lows i do not under stand. i really REALLY hope the delays in any kind of news is because Mason is working his butt off on some really good news on vm-179 or D bar
ok i have edited the message then sorry. then who owns the other 50%
ty for a reasonable bull out look on the stock. the Price target imo if Vm-179 is developed should make us a 30-50 million market cap. now pending on the O/S count and the price of oil. will determine what is the PPS. but it should defiantly be higher than 20 cents. and mustang production would just be a bonus at that point
people talking about dollars is crazy at this point right now. im just hoping we break above 8 cents at this point. everyone is so happy that it went green yesterday. do people realize that it is still 0.034 still well over 50% loss for most longs who averages are between 6-9 cents mines 8 cents
lol now most longs are down 75% at .02
what is the exact O/S count right now?
the thing is now WGAS is so well known that i do not know how it can break certain levels because if you bought under 5 cents who is not going to take profits at 100%?
how soon?
this is way to depressing watching the price dip like this im going to come back friday
why you think it is going to triple 000s as you stated in previous post?http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82263481
I agree Atlanta if the stock goes lower than 4 cents its going to be real depressing. maybe tony does not care about us
what is the O.S count anyway at the moment is it still 43 million?
i read that when the deal was made with for Monticeto for VM-179 with the assumption oil would be 85$ a barrel and nat gas would be 4$ per mcf. anything above those prices is a bonus and vice a versa. this is also a reason i bought WGAS because VM is mostly an oil well and when i bought this stock oil was at 93$ and nat gas was close to 4$. stockholders need oil to stay above 85 imo
http://finance.yahoo.com/news/Paxton-Energy-Closes-on-iw-823429673.html
uggghhh i think your right everyone is a loser at this price except if you got lucky and bought on that one day it bottom in june. and most longs now are down 50% at this price because we bought in between .06 and .10
you are right about convertible debt being payed off that the stock could at least 5x instantly. but it just seems unrealistic in the near term. i have not expected or predicted P.R or news the whole time i have owned this stock. but im going to go out on a limb for once and say we finally get good/great news next week. final flow numbers on mustang, and the plan on development of vm-179 and financing for the project.
merger this company is a scam
i am talking near turn legit companies stocks do not go up 2,000% in 2 months. im just being realistic. and legit companies stocks don't go from 5 cents to sub penny either with the assets and now revenue we will have
it amazing peoples predictions on the price of a stock. bears say it is going to be sub penny again soon which is just crazy. that is NOT happening. then the bulls say it is going to 1$ plus which is also crazy and Not Happening. im in this stock because if Mason delivers which he has so far the Price should be somewhere between 25 -35 cents
i know you guys are making fun of me but if you look at OEDV board history it was not overrun by penny traders and bashers like WGAS has
i know people like comparing OEDV to WGAS the one thing to point out is that their where only like 2 people that posted on OEDV board during its run WGAS has at least 20 different people that constantly post. i think WGAS can be to well known which is not a good thing