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I think so too, today's stock behaviour will be a good indicator of our future. Would like to see it at least go 1 2 bid ask
2018? Maybe?
.0001s getting absorbed, but still coming out so no rush to go higher.....keep picking away until they dry up or management finally ends their hide and seek BS
The only reason why an investor would buy .0002s is because they can't get any at the .0001s. So right now I would go for .0001s only. If you see the bid volume increase and it looks like there is no dumping (ie by BMIC) then and only then would I go after .0002s. If the bid volume is big then it is time to start buying the 2s. Obviously news would change everything.
If we see the bid volume build without being hit, then it is game on. Tomorrow and Tuesday should tell us everything we need to know. News tomorrow would be the cats meow.
Hopefully, it looks like it, but you never ever know in this crazy pink sheet world
Wise idea, you never know what tricks are up the sleeves of the company, your 3s will make a profit if we are right. GL
Excellent
Great weekend to everyone we should have a great week next week
Thanks you're welcome GLTA
I just hope its not the old....hurry up and wait trick commonly played out with pink sheet stocks.......the critical evidence for me for this taking off now is the 600 million shares traded couple weeks ago........with the timing of that and the amount
Finally got through to the IR guy after trying for weeks.....should be hearing about some acquisition any day now.....the fact he too my call told me all I needed to know
Good work, that would be nice
Reminder:
1st NRG Corp. -- Finalizing Natural Gas Gathering System Purchase Agreement for Q1 2017 Closing and Provides Additional Corporate Updates
DENVER, CO--(Marketwired - Mar 13, 2017) - 1st NRG Corp. (OTC PINK: FNRC) an exploration and production company headquartered in Denver, Colorado has issued its monthly corporate update to shareholders on the Company's progress.
In November, the company announced the potential acquisition of a natural gas gathering system. The system covers over 324 miles and gives the Company access to over 100,000 acres of potential development. The purchase and sale agreement is almost finalized and we still anticipate to close in Q1 2017.
The Company entered into a Letter of Intent to purchase over 600 coal bed methane wells through its wholly owned subsidiary 1st NRG Wyoming and has identified a number of other potential acquisitions. We expect to begin negotiations on the purchase and sale agreement soon with a goal to close in Q2 2017.
The Company expanded its activities into Ohio participating in a development of prospective acreage encompassing approximately 7,000 acres. In 2014, a vertical test well was drilled, logged, cored and cased to a depth of approximately 7,620 feet, testing the Utica Shale but ultimately completed in the Beekmantown Dolomite. The well was acidized and a pumping unit has been positioned, however while installing the down hole pump and rods the well blew out causing some damage to the surface equipment. The well remains shut in while repairs are made to the surface equipment.
The company had plans to bring the Clabaugh Ranch field in Wyoming back into production Q1 2017, however we are still in discussions on the overall financing of the Company which have delayed our ability to bring the field back online. As part of our financing, we plan to acquire the other 42% of the working interest in the field.
The Company is in discussions to raise $25-30 million dollars for the announced acquisitions and for these and others that are planned. We are striving to become a fully reporting Company and achieve listing on a nationally recognized exchange. Our major concern right now is cash flow and completion of our targeted acquisitions which would mitigate that concern.
I think we start seeing nibbling at the .0002s today
Even though the stock is not trading, I don't stop working, the more people that know about this stock the better.
Maybe the new guy fattasilver is buying up all the triple zero ones
Just got back in............I see 78 million nice......
Welcome to the board, we are waiting for the closing of a pipeline deal with some gas wells, that according to the IR guy they are getting for practically free. Has the ability to run
My guess is we get an announcement next week Monday or Tuesday
I like that bid ask, but would prefer to see some trades at the ask....patience patience............we must have patience.........
These pink sheet stocks are in a world of their own......you gotta do hard work but you can make big money with them by doing that hard work......remember the stock is their bank account they can dump endlessly but if they get a good asset they can then play that stock up.........you always gotta watch the volume with these babies.....FNRC from my analysis is a good classic pink sheet play........GLTA we are going to hit on this one
It would be great to see them starting to hit the .0002s that would be a big plus for evidence that our run is starting.........we got the whole day ahead of us.......I will try to reach the IR guy again today
I like it, the last minute dumping by the company to pay the closing fees is occurring IMO. This is good, and is in line with what my buddy heard from the IR guy..........the old hurry up and wait trick is playing out.....you know "the deal is out tomorrow" type scenario therefore everyone buys in so they can sell their last bit of treasury shares.........remember volume precedes price movement....keep our fingers crossed and GLTA
nice, time to turn the table on the scoundrels and let the shareholders make some money
The past is the past.....the pump could be tomorrow or the next day etc even though it has not moved for 100 years......
I hope so, the bigger it is the sooner the closing fees get paid, if not already taken care of
ever since the tweet that they would close by the end of May. They are dumping shares to pay the closing fees that is why they do that trick to hurry up and wait.......everyone in the business does it.......especially in the Pink sheets......the trick is to figure out when their dumping is finished.........I think we are at the watering hole now.......drink up and figure out when it is our turn to dump. GLTA
I like the action today would like to see .0001 .0002 bid ask by the end of the day
Good point, very good point.
You're right it will R/S but not before a run of some sort......
I expect to see some life with this stock today. GLTA
me too and a bunch of others too
I would say they have been issued, for example the 600 million a week plus ago dumped at .0001 was treasury shares giving them $60,000 to go towards the closing fees.
The shares are the bank account for these pink sheet stocks. That is the good and bad thing about it. Good cause they can access capital to pay bills, like closing fees, bad cause the dilution makes it hard to rally the share price.
I like the place we are in now with this company/stock.
I expect the fossil fuel prices to rally this year still.
True a hundred billion would be a bit too much..........I hope to see big volume tomorrow
Tomorrow will tell us all we need to know.........keep your eyes open and your dreams big
Typical post of the shorts........trying to be good but I am bad......makes me laugh
A buddy got a call from the IR guy today, after many attempts to reach him, and he said that the deal is basically done...........so look for the stock to start trading heavier. He was vague about the deal's details so hurry up and wait, if you know what I mean.
He was trying for a while to get a hold of him so his call back at this time told me everything I needed to know. So far I have not heard from him. Good Luck To Everyone
So far all is quiet on the Western Front. I will keep you posted.
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Still expecting news this week.