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Ohh for sure. This guy has incredible experience in the oil field. Some photos of Michael and a couple of his projects.
K-Sam Oil Company President Mike Krasner at the completed El Chico. April 18, 2005.
Mike Krasner, President, K-Sam Oil Co., at the Elder North wellhead, September 11, 2004
K-Sam Oil DD
The Company:
K-SAM OIL CO., LLC., is a Texas corporation, based in Dallas, Texas. Sam Krasner, a legendary old “wildcatter” in the oil and gas industry, founded the successful K-Sam Oil Company in the mid-1960s. At his passing in 2001, his son, Michael P. Krasner, assumed operational responsibility as President and Managing Member for the company.
K-Sam’s prime direction is oil and natural gas exploration and development. In these times of economic uncertainty it is the goal of this organization to bring our partners a sound energy investment that provides active tax advantages and very good upside potential returns, with the least possible risk that we can offer. The development of energy reserves with a bright pricing forecast will provide positive results for our investment partners.
In this vein, for the past year K-Sam has concentrated its development efforts in the lucrative Barnett Shale, particularly in Parker County, northwest of Fort Worth, Texas. The widespread Barnett Shale underlies approximately 15 counties and the latest U.S. Geological Survey assessment indicates the natural gas-laden Barnett Shale may extend as far north as Red River, as far west as Knox County, and south to Burnet County. This formation is estimated to contain approximately 27 to 30 trillion cubic feet of gas. Approximately 3,000 natural gas wells have been successfully completed since 1999, with a less than two percent failure rate – a phenomenal completion rate in oil and gas field development. Parker County is such a promising location on the Barnett Shale that major oil and gas drilling and development companies, such as Devon Energy Corporation and XTO Energy, Inc., are acquiring leases in Parker County.
Michael P. Krasner:
K-Sam Oil Company’s President and Managing Member is Michael P. “Mike” Krasner, son of a legendary oil and gas “wildcatter,” Sam Krasner.
Mr. Krasner’s engineering and geological education began in 1973 at Kilgore College, majoring in Oil and Gas Technology. Since then, he has studied Petroleum Geology at Southern Methodist University. He is a member of the Society of Petroleum Engineers.
Mr. Krasner has over 30 years experience in the oil and gas industry, working on, developing, and managing oil and gas well projects.
In 1975, he worked as an engineering trainee offshore on the Red Sea. At the age of 21, he became the youngest drilling and production supervisor for Enserch Exploration, Inc., in Oklahoma. His duties included operations in the Anadarko Basin on wells exceeding 10,000 feet. From 1978 through 1980, Mr. Krasner managed his father’s company, K-Sam Oil Company, and operated 20 wells in the East Texas field. From 1983 through 1987, he owned a drill bit dealership in East Texas, selling the Varel drill bit line. He served as President of Hillcrest Production Co., Inc., participating in various oil and gas exploration and productions operations. From August 1990 to 1998, he was the President and Operations Manager for Prolific Resources, Inc. From 1998 to 2002, he marketed several prospects for several different exploration companies. He served as Co-Managing Member for Prolific Energy, LLC. He has now assumed ownership and operational responsibility for K-Sam Oil Company, LLC, a Texas Limited Liability Corporation.
Mr. Krasner has created and developed over 50 drilling projects, totaling over 10 million dollars in investments, and over 300,000 feet of drilling activity.
Got my shares held tight for the penny buster.
.008 x .0085
With poeple like this on Drakes side, there is more in store for DKGR's future in oil and gas projects...
Mr. Krasner's auspicious career began at the age of 21 when he became the youngest drilling and production supervisor for Enserch Exploration, Inc., in Oklahoma. Since his promising start in the industry, Mr. Krasner has continued to serve in various executive positions with distinction. One of his most successful undertakings has been continuing the work of his father, renowned Texas "wildcatter" Sam Krasner, at K-Sam Oil Company LLC.
An absolutely gorgeous DKGR chart I had to post. Gaze in aww
Morning guys. DKGR .0085 x .009 Penny by Friday?
DKGR finally trading at .009. Here we go fellas. Big money!
No problem. Will post more as I find it
VYGO - VOYAGER PETROLEUM I (OTCBB)
Date Open High Low Last Change Volume % Change
07/30/07 0.1300 0.1300 0.1300 0.1300 -0.0010 110000 -0.76%
Composite Indicator
Trend Spotter TM Buy
Short Term Indicators
20 - 50 Day MACD Oscillator Buy
Short Term Indicators Average: 40%
20-Day Average Volume - 462420
Medium Term Indicators
40 Day Commodity Channel Index
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
Medium Term Indicators Average: 25% - Buy
50-Day Average Volume - 407466
Long Term Indicators
60 Day Commodity Channel Index
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy
Long Term Indicators Average: 67% - Buy
100-Day Average Volume - 437917
Overall Average: 16% - Buy
Price Support Pivot Point Resistance
0.1310 0.1103 0.1403 0.1703
From Drakegold.com
Gold, a rare metal with a fascinating history dating back over 6,000 years, is one of the most sought after elements in the world. The uses for gold extend from jewelry to electronic devices to medical applications.
Gold, considered to be one of the most precious metals in the world, has played at the center of history and human development. From humble beginnings as crude jewelry to its uses as a reflective surface on space ships, the value and uses of gold have only increased.
Quite possibly. The chart has been setup nicely for this to occur
Afternoon fellas. Had to set up a network today, but Drake is looking spicy and will boil into something delicious by Friday...IMO
Might only see .009, by nice to hear your buying on the dips. A few sell alerts out
Not a bad idea filling up with more shares. Just hanging around at these levels for news then you might not get your chance to buy cheap shares
I think that management is getting set up to really do great things.
New projects and mining ventures will make Drake Gold a solid investment.
Not to mention the price of gold inching higher everyday and the dollar declining, will increase the "average joes" looking into gold as something to hold onto.
I agree .01 is a rest stop. Have to look at the bigger picture and the plans Drake Gold has in store for the weeks ahead.
Monday should be a zinger.
DKGR
DRAKE GOLD RESOURCES INC
Daily Commentary
Our system posted a BUY CONFIRMED today. The previous SELL recommendation was issued on 07.11.2007 (16) days ago, when the stock price was 0.0065. Since then DKGR has gained 30.77% .
BUY-IF is confirmed by a white candlestick with a higher open. The buying price is today's open ( 0.0080 ) according to the Rules of Confirmation.
The recent bullish formation leading to the BUY-IF signal is confirmed today. The market seems ready for a new bullish move. It opened today with a gap-up and the day’s activity resulted in a close higher than the open. This is one of our valid confirmation criteria.
The significant failure of the previous SELL signal is unfortunately confirmed too. Our shot went away this time. It is a fact that such signal failures are more unlikely for higher rated stocks, but it is not possible to deal with all the vagaries of the stock market. The signal system, however, continues to do an excellent job in the overall, despite such failures. This can be seen easily with a quick glance to the signal history table.
We hope that you bought this stock and still have the chance to profit from the later phase of the bullish attack. Today you were supposed to watch the upward gap in the opening, wait a bit, feel the bullish tendency of the market making sure that prices stay over the opening price and then go long. Your benchmark was the opening price of the upward gap.
If you bought, continue to hold this stock until the confirmation of the next SELL-IF signal. You are on relatively safe grounds as long as the future prices continue to trade above the benchmark price and if an emergency warning is not issued. What to do if you did not buy? Maybe, you did not have time to follow the session or you simply delegated the delicate job of confirmation to us. Well it is a bit late, but not too late. You may still find suitable prices for buying in the following sessions and still profit in case of a sustained bullish move.
The market is currently cold for short-sellers. Avoid any short sales and cover the short positions immediately if there are any. We erred significantly on the short side last time, but we are sure that you may easily cover your losses (if any) by basing your future trades on our signal system.
DKGR - DRAKE GOLD RESOURCES (OTC)
Date Open High Low Last Change Volume % Change
07/27/07 0.0080 0.0090 0.0080 0.0085 +0.0005 3590000 +6.25%
Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Hold
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Hold
Short Term Indicators Average: 60% - Buy
20-Day Average Volume - 4020505
Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy
Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 2668174
Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Hold
Long Term Indicators Average: 67% - Buy
100-Day Average Volume - 1904920
Overall Average: 64% - Buy
Price Support Pivot Point Resistance
0.0085 0.0075 0.0085 0.0095
Another good week for DKGR. This week may fare better than last and the shaky market should settle down and let gold stocks have at it
You can plan on DKGR working overtime this next week to reach a penny. Should be some fireworks
All sources point to buy this stock. Can't ignore the truth
DKGR is going to be huge and I have little doubt that it will hit a penny real soon.
Don't be left in the dust.
Novus
Have you seen the chart? Nothing but steady levels and gains all week bro
Yes you are right ecp...but the stock has been pretty active.
DKGR(2007/07/27)
Time (EST) Volume Price Exchange
11:53:21 75000 0.0085 + OTCEQ_NBB
11:53:21 25000 0.0085 + OTCEQ_NBB
11:43:54 100000 0.0085 + OTCEQ_NBB
11:38:33 250000 0.008 - OTCEQ_NBB
11:38:30 45000 0.0085 + OTCEQ_NBB
11:37:54 25000 0.0085 + OTCEQ_NBB
11:37:45 25000 0.0085 + OTCEQ_NBB
11:37:09 5000 0.0085 + OTCEQ_NBB
10:56:27 110000 0.008 + OTCEQ_NBB
10:54:09 100000 0.008 + OTCEQ_NBB
10:22:21 100000 0.008 OTCEQ_NBB
Morning guys. DKGR holding well at .0085. Chart looks to keep a steady climb
Yes it is. Now just waiting for symbol change
IGAM 7/26/07 Daily Commentary
BUY-IF
0.1200
+0.0600 +100.00%
Candlestick Analysis
Today’s Candlestick Patterns:
White Opening Marubozu
Bullish Kicking
Candlestick Pattern
Today a White Opening Marubozu was formed. This shows that the day opened and then the prices continued to go up all day long without coming below the opening level thus forming a long white body, however prices did not close at the high of the day and thus they created an upper shadow.
VYGO Commentary 7/26/07
Our system posted a BUY-IF today.
The BUY-IF alert is still valid. A confirmation today however is denied. The pattern is not rejected yet since the day was not a long black candlestick one. The market is currently testing your patience. Continue to do your homework by digesting all available information around.
The final judgment about the evolving pattern waits the next session. Either the alert will be confirmed by one of the valid confirmation criteria or the bullish alert will be void and null.
It is still your duty to check the confirmation criteria when the next session opens. Reminding briefly; a white candlestick with an upward gap, a white candlestick closing above previous close and a long white candlestick with a big downward gap is sufficient to confirm the BUY-IF alert though with a one day delay. Go long in any of these cases by respecting the benchmarks. In any other case, simply ignore the BUY-IF alert. The next session is the last chance we allow for confirmation. A confirmation failure renders the assumed bullish pattern totally invalid and starts the process of searching for a new pattern.
We do not yet suggest any new short positions given the bullish alert. The short sellers should consider covering their positions if the market confirms the BUY-IF signal. Otherwise, existing short positions should be carried.
Your welcome tradewin. You plan on getting in?
Will do man. Have a good Friday
No pressure but many r/m's in the past have run 10,000%. You can't find a solar energy company under a $1.
Look here: http://investorshub.advfn.com/boards/board.asp?board_id=7308
Your right its hot. Good company and solid management
Just got me some. This could run huge. Closed at 100% gain already
Getting PM's on IGAM reverse merger news. Should be a hot play
If you take a look at the 1 yr chart, this stock has had an outrageous uptrend without any serious huge dips in stock price. I have only one word for this company: SOLID!
It being a mining stock, it shouldn't drop to far. They seem to have news on a regular basis, which shows their stronghold of the metal market
TRGD I think is a great long and a great investment
PAIM having 137 mil share volume
MGMX up 33% with only 8 trades so far