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It says:
HAS BEEN ABLE to meet its short-term goal of 4,000 barrels per month on several occasions.
What else are you looking for?
It's about to go higher.... $120 a barrel soon.
It looks like we're going up from here. We trickled down to the bottom at 4, so now we move back up! Good luck everyone.
You should care about the stock price every day. Because if you don't then when do you start caring? Tell that to every investor that you don't care about the stock price today and see how many people run and cash out.
Larry should always be promoting the company and the stock regardless of the business plan.
Just to let you know this is going on in my backyard. I live in southwestern PA. I've already seen and met people from texas moving here to start drilling for oil and gas. I've seen 5 wells in my little town with countless tank batteries up. To be honest, they do a great job in minimizing property damage. One crew has already done their thing, recovered what they could and left. You can barely tell they are there.
I understand why Larry doesn't like to give information out like that. Thats why 2007 financials and a productioon report are going to be nice. I'm looking forward to it.
Thanks for the update. A few people on this board were able to get them to give them a number. It's all in the approach.
Well if it's raining perhaps he and the rest of his staff will have more time to do the reports and write the PR.
Things are looking good. Thanks for relaying your phone call back to us.
I wouldn't expect any of that until the middle of the month at the earliest. It takes time to compile the data and put everything together.
No worries yet. You're "sign" can be put on hold for the time being.
I think Rex got some money when ALRY bought his company. Not 100% on that.
Is anyone watching TORO? They are around the same area as ALRY.
Well for the good of the rest of us please stop buying! lol
I agree with you.
One thing to keep in mind are the swing traders that buy in around the middle of April. I believe (I could be wrong) that there is a chart play that a group comes in on. They play for a week or two and then they go out on an upswing. I remember this happening last year.
If you have a share that big, you better ask to be on the board. You're looking at a very large ownerhisp stake when you talk like that.
Do you want me to proxy my votes for you?
I have an idea here. In an attempt to satisfy all parties involved and stop this "in-fighting" instead of changing the numbers or updating them, why don't we just take the share structure down and refer viewers to the TA?
Is that fair?
Just judging by what the last few PR's have said and knowing that you have to pay for drilling upfront, I'm assuming the 40 million shares have done some good. I didn't see Larry take off on vacation yet.
I think the question is how much bang did we get for our buck on these shares.
We need some news...some updates...something from the company so we know whats going on. Other than that we're in a dead zone waiting on news from the company.
Wow. you are passionate about this.
Or JC just found another job. All are likely assumptions.
OT: Cut his freaking balls off!!!!!
*retreats back into the mob*
just kidding. I had an Adam Sandler moment there.
That's great news if he is paying down the long-term debt! Some people were worried that would grow, but Larry has done a great job paying it down since he took over. I'll be curious to see what the balance sheet says when it comes out this year.
I would just like to see some consistency. Nobody wasked Larry to come out and say they would have an update for us. If he's not going to give us one, then don't promise one. This way nobody gets upset. He needs to go back to doing what he used to do last year around this time. Underpromising on what he and the company are going to do and then over-delivering on results and updates. I think that's the best way to go.
Don't quote me on this, but I think there might be a PR today...as they have been releasing them on Thursday as of late.
Financials should be out in April or May. I would expect first quarter results to be announced sometime in April. We're waiting on a wave of news. I think the price is just sputtering around until then. People may come back for some momentum play as peak oil season kicks into gear.
2007 financials will probably be out April or May. Keep in mind this was not mentioned by the company.
If this drops to 3 cents you will see the bottom drop right out of this thing. So be careful what you wish for.
We'll see a full blown war on oil before it hits $300 a barrel. $300 oil would kill the world economy WITHOUT a viable replacement or energy alternative. You can bet on that...China and the US will go to war before that happens. Take it to the bank.
That's the thing Lowman. Most people are too lazy to make the call themselves so they depend on others to do it. Or they're too afraid to call the TA. It's easy to pick up a phone.
I would look for most of the information you're talking about to be released in a PR about first quarter results and/or possibly another PR that talk about last years financials. Whether the financials are audited or not, they were posted last year and I fully expect them to release by the middle of next month for 2007.
There should be answers in both of those reports. If not, I'd say they missed the boat.
I think someone earlier said it would cost around $100,000 to get everything together and uplist.
Believe it or not, it takes time to get SEC approval to uplist from the pinksheets. It's not just having audited financials that gets you uplisted. The SEC has several applications and requirement that need to be met before they approve the uplisting. This process can take time...I've seen it take up to 2 years for a company to get their stuff together for approval. I've also seen it happen in 1 year...and i've seen it happen in less time. It just depends on what the company has and how close they are to the requirements. It's not something they can just up and do with audited financials...or any financials for that matter.
I always said if someone could get ahold of the Kansas state tax records that would probably tell you if they made any profit last year. They have to pay taxes to some state with some form of an accurate number.
Also, the O/S shares are at 108 million not 70 million.
Look for last years financials (audited or unaudited) to be out next month along with the first quarter production results.
You're figures are extremely conservative.
Try $90-95 a barrel. Oil isn't coming down anytime soon. I actually expect them to be getting $100 a barrel for sweet kansas.
OT: Why do i get the image of Chris Farley dancing in my head after reading your post? lol
A profit is a profit is a profit. Who cares how much it was. They didn't lose any money on it. If it wasn't producing or it wasn't advantageous to the company to drill there then good for them. It's always better to dump at a profit than it is to be blind to other opportunities when you can put that money to good use. The fact that they got a profit is great, most of the time when companies want to get out of something they do it at a loss.
They are making huge strides with their business plan.
I am curious as to how much money they made from selling this last piece of land. We should be getting more updates this month leading into next month (which coincides with the end of the first quarter). SHOW TIME!
It's a step...and it can be a long one. I saw SLON take over a year, almost 2 to get OTC listed. Its more transparency and audited financials. It's better than what we have now and the fact that they are acknowledging the fact publickly that they are going to uplist and they have a timeframe is good news.
Moving to a bigger exchange would be great, but yo have to take it one step at a time.
It's a step...and it can be a long one. I saw SLON take over a year, almost 2 to get OTC listed. Its more transparency and audited financials. It's better than what we have now and the fact that they are acknowledging the fact publickly that they are going to uplist and they have a timeframe is good news.
Moving to a bigger exchange would be great, but yo have to take it one step at a time.
I'm impressed. Fully reporting and on OTC in a year or less! That's what I was looking for! The profit is icing on the cake!!!!
It's good to be diversified in times like these. Unfortunately supply is tight all over the world so it makes it hard for even diversification to work well.
Tell Larry to hit millions of barrels and the problem will be solved!
It seems safe to buy, but be careful...wow...do I be careful or buy? hmmmmmmmmmmm lol
I'm with you...even after the O/S thing came out the stock hasn't dropped much at all and is staying strong here at a nickel going into prime oil season. I'd say now would be a good time to take a position if you haven't already. Just my opinion.
Can I ask why you are so big on a stock buy back? I mean, I know the benefits of one, but they did just raise the shares to 108 million. For them to do a buy back of any of those shares in the near future is a little far-fetched.
If they needed the money to pay for operations and to purchase leases, I would think that once they get rolling, they would use the money from production to expand their operations even further. Unless you know something I don't, I can't foresee a buy back within the next few years. If you have any info to contradict that, I'd love to hear it.
Blackoak, I agree with everything you said except the part about Larry owing us reports when and if he see's fit. I also recognize you as a contributing member of this board as well as being well respected by me and many others here at I-Hub.
He is the CEO of the company and if he doesn't tell us what's going on, then we won't see any new money and there won't be any reason to continue to hold money in a company that doesn't inform its shareholders. And no, once per month is not an acceptable amount of PR's, especially for a growing company like ALRY. Their results and accomplishments need to be noted and released as they happen...if not, then all of the good news gets lost and any expectation for bad news grows and we get things like a 40 million increase in shares by some random person.
It's not all about Larry. As shareholders, we own the company, NOT LARRY. I'm sure Larry owns a few shares, which makes him an owner too. We have a "right" to know what's going on.
I just warn you not to get too complacent with a CEO who gives updates when he see's fit (as you said). He's playing with more money than just his own and he owes it to all of the shareholders to provide regular updates when the info happens...good or bad. That's what transparency is. If not, then he is not fulfilling all of his duties as a CEO of a publicly traded company.
I am happy with the info they provide...when they decide to provide it.
That makes 2 of us!