InvestorsHub Logo
Followers 958
Posts 78620
Boards Moderated 6
Alias Born 02/01/2005

Re: asus post# 13313

Friday, 03/24/2006 8:54:30 PM

Friday, March 24, 2006 8:54:30 PM

Post# of 79921
I agree, why would Paul or Ron want to read posts every day or by the week? Cowboy's call regarding my post a couple of weeks ago pretty much covered that area... {grin} If the stock goes to .15cents by Oct or $15.00 I'll have nothing to say to them anyway! I like most here will take profits as they come and move on.

No one ever posts about the hype from these two guys and respectfully so. They are newby's, and when a comment is made about being a $1.00 by the end of the year comes forward [stated by the inside], I don't take it as an alert, just new guys on the block with new toy's and the excitement therein. Can't tell you how many times I've heard that from penny insiders, so when I make a statement about someone's business character, there's constructive criticsm meant in every word. That is hard to display here with [non-verbal tones].

Besides, Paul could care less about what I think of him and vise versa. We're here to make a few bucks, discuss all events, as we all try and build a war-chest with multiple 100% gains.

As I see it, the big risk is waiting on WY, mostly due to the terrain & drilling risk. What if say the 10k shows an eps somewhere in the neighborhood of .05cents? Based on current growth outside finding big-oil, this may the best the company does for a few years. I believe the downside here is minimual, but the downside after mid summer [since we'll be well above the present pps] is a major concern for me. I see a climb during and after the 10k is on edgar, but we may top and start to drag if our first try at oil in WY is unsuccessful. The combined OB/10K [expectations of current company evaluations] are going to be high, a few acquisitions between now and then are going to be a great lift, but I dare say again that the risk/reward [as investors may see it -- drilling for the big one] will prevent us from heading higher if there are any small set backs. The cost will be tremendous per well, so that if you really like a high-risk, don't take any profits until we find out when lies beneath our lease there. But I see this as an opportunity to take profits before the drilling starts [may], and maybe save about 30% of my shares to hold for the higher risk if we strike big oil there.

I've never views PBLS as a huge risk up to .10 to 15cents, but I do view PBLS as a huge risk once we start drilling in WY due to the cost and the possible dry-well.

As I tell my investment friends around Indy, this ain't your mother you've invested in, so walk lightly, carry and big stick, and don't stay to long at the well for it may run dry!

Temp'




Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.