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The bag holder train,didn't you hear the whistles?
Careful,Don't be a bag holder!
Miracle is right!
Almost 8 billion shares? Wow,steep hill!
Almost 8 Billion shares?
Almost 8 billion shares - that's a ton of shares.
I feel bad for those that bought over .02
Shorts just love love this stock
7.76 billion outstanding shares, world population 7,895,885,864, almost 1 share for every person on the earth. lol
Going to be closing below a .01. It was nice while it lasted, but 7.76 Billion outstanding? Come on, man!
7.76 billion shares outstanding ?
Another day of high volume.
Very interesting project, I'm in!
It's almost as if something was leaked.
80% buy on barchart, I guess we will see!
https://www.barchart.com/stocks/quotes/RSHN/opinion
Trillion is not much, just ask the Federal Reserve.
Shorts are leaving
https://www.otcshortreport.com/company/HCMC
NEWS:
DENVER, Oct. 15, 2012 /PRNewswire/ -- Grid Petroleum Corp. (OTCBB: GRPR): The Board of Directors is pleased to announce that Grid Petroleum has received a preliminary report of the initial flow testing of the Barnsdall Formation.
Initial natural gas production rates from the lower and upper lobes of the Bardo zone is estimated at approximately 1 million cubic feet per day. The zone could be produced at approximately 500,000 cubic feet per day with an estimated fall off to 250,000 cubic feet per day with the natural decline rate over time.
From Progas Services Inc, the Joint Venture Operator for the Northwest Premont Area of Interest.
"Garcia 3 – Last evening the tubing was swabbed down to 1100 feet and shut in for the night. The fluid level was to surface when the rig starting swabbing this morning. Swabbing operations started producing "live oil" with natural gas coming into the well bore along and some formation water. This provides an indication the formation has virgin pressure in the well. This morning the oil cut has increased to estimated 12% oil in each barrel of fluid brought to surface. Each additional swab run is producing more natural gas and more "live oil". Entry rate has increased from approximately 1 barrel per hour to 3.5 barrels of fluid per hour with steadily increasing oil percentage. The Garcia #3 is turning around at this time producing good oil and natural gas with each swab run.
Current production of 3.5 barrels per hour equals 84 barrels a day. 12% is 10 barrels of oil per day and increasing," States Dan Polk of Progas Services Inc.
"Live Oil" - Oil containing dissolved gas in solution that may be released from solution at surface conditions. Live oil must be handled and pumped under closely controlled conditions to avoid the risk of explosion or fire, creating a slower than expected completion period for the Garcia #3 well.
The Company expects that flow results will be finalized in the near future. The swabbing process is near completion and the Company is awaiting confirmation of final formation flow numbers from the Joint Venture Operator, Progas Services Inc.
The completion process can take several weeks before reliable production numbers can be disseminated.
The company will provide progress updates as they become available regarding the Garcia #3 and other anticipated drilling activity in the near future.
Grid Petroleum Corp. is a development stage company focused on the acquisition and development of low cost high reward oil and gas prospects with infield drilling for proven potential reserves in the United States and Canada.
Contact:
www.gridpetroleum.com
Parkside Communications Inc.
Phone: 1-877-798-4165
Info@ParksideCommunications.com
www.ParksideCommunications.com
PR Newswire (http://s.tt/1q5mq)
In case anyone has not seen the video chart- here it is
http://ih.advfn.com/videos/stock-chart/grpr-stock-chart-9-19-2012_CrSIWKWXPjo
GRPR moving up nicely here. Production results should be released soon.
Hi Pack, I remember you from way back. I totally agree with you!
Well, I just thought it would be of interest to read for the people here.
Natural Gas Game Changer:
The U.S. Paves Way for Sabine Pass
By James Baldwin, Contributing Writer
Last week, natural gas prices fell below $2 per 1,000 cubic feet for the first time in a decade. Let's talk about what that means for you, as an investor.
The oversupply of natural gas continues to swell thanks to breakthrough technologies in fracking and horizontal drilling that "unlocked" this huge swath of energy. Tack on that local U.S. demand has been limited by an unseasonably warm winter, and you get the unsurprising dip in gas prices.
Meanwhile, in Europe, prices are near $11 for the same quantity, and $14 in South Korea, an important hub to the Asia-Pacific markets.
But with no (legal) way to export liquefied natural gas (LNG) from the Lower 48 to these energy-starved markets, there's no opportunity to remove the heavy glut of gas, much of which has been consigned to storage all across the country.
Well, that's going to change over the long term, with a groundbreaking moment coming in July.
For the better part of a year now, Kent has been talking about Cheniere Energy's (NYSE: CQP) goal to become the first U.S. exporting facility with its Sabine Pass terminal in Texas and Louisiana.
So you shouldn't be surprised that yesterday the Federal Energy Regulatory Commission approved
Cheniere's plans for a 500-acre, $10 billion export facility. The company will begin construction in July.
Meanwhile applications for seven other exporting facilities throughout the U.S. are pending.
Should the FERC approve them all, the United States could end up exporting one-fifth of its current natural gas production. And given what we've seen in other commodity markets, a shift in the market-demand curve will transpire... in a big way.
This would be another major step in a reversal for the natural gas prices over the next few years.
A Slow, Steady Process
Prices are not going to double overnight.
And we're still witnessing a slowdown in wellhead production as natural gas producers shelve drilling around the country. Every week we're hearing on CNBC that prices are finally "bottoming out," only to see them decline another 15% to 25%.
Well, turn off the television.
Instead, step back and look at the big picture. Think four years out.
It maybe just taking a breather the RSI got kind of high so a little rest is in order. jmho
manipulation with fake walls to climb
Oil = 108.00 / barrel! Yikes
Chicago area 4.15
You mean the million shares?? I wouldn't call that tons of shares.
Hi Royal. Nice board, I like what I see. You are board marked and person marked.
The news hit E-trade screen just now.
Hope he releases it, we could use some good news. GLTY
I have been using E-Trade for years-never had a problem!
Looking good, above bolly's and some accumilation going on.
HPGS NEWS: High Plains Gas Provides Fabrication Update High Plains Gas, Inc. (OTC: HPGS) announced today that its subsidiary Miller Fabrication, LLC has procured additional contracts for delivery of 42 pressure vessels and associated piping scheduled for delivery to North Dakota and Texas. Miller Fabrication has also secured contracts for multiple skid-mounted buildings for delivery into North Dakota and local coal mines. The majority of this work takes place at Miller Fabrication’s ASME Code Vessel shop located in Gillette, WY.
Nice thoughts Moxy. GLTY
Got my fingers and toes crossed, only problem, my toes are startin to cramp up.