PBLS vs. NDOL
The bang for the buck is better with PBLS. Example; If you own 1,000,000 shares of PBLS and PBLS moves just .01 cent that = $10,000. A move by PBLS to .53 cents times 1,000,000 shares = $500,000. The investment of 1,000,000 shares of PBLS will cost between $30,000 and $35,000.
1,000,000 shares of NDOL will cost you approx. $80,000 (Saying that you can get in before a PR on Monday). NDOL will have to move from .80 cents to $1.30 for you to get the same $500,000 BANG FOR THE BUCK.
There are differences. NDOL has a buyout of an undisclosed sum on the table. NDOL will make income from rehabilitating an oil Russian oil field.
1) Russian taxes on oil are not kind. Anything past $25 per barrel on the international market and the tax is over 50% for any income over $25 per barrel.
2) It is Russia. The rules are simple. They change at the whim of the Kremlin.
3) NDOL is at a crux, it must deliver on huge promises on Monday May 1 2006. And hence my description of D-Day.
PBLS has challenges as well but they are not at the crux nor do I believe that they will ever put themselves up against a wall.
1) PBLS oil will not suffer a debilitating tax scheme.
2) PBLS has a string of news coming up to grow pps on. The three service companies, oil production in KY, the TN WY & NV leases, pit production, Form 10, exchange move, and other stuff we don’t even know about.
3) PBLS has service companies and a firm to market the oil and thus save on over head.
4) PBLS is not a one oil field shot company.
5) PBLS does not have a 12 – 1 reverse share split in its history. The past and present buyback of shares alleviates that scenario to all investor’s relief. (Divide NDOL .80 cents by 12 = .0667 cents per share and you get what the original has now)
6) PBLS has a chart of management people that I know exist.
7) I do not have to dig up a phone number and call at midnight and hope an English speaker picks up the phone to verify their Russian operations or call the US embassy there to dig up such information.
In short the cost of the bang for the buck at PBLS = 30,000 / 80,000 = .375 % less than the BANG for the NDOL buck and I don’t have to ride the anxiety wave of D-DAY type scenarios.
Both are moving to another exchange. NDOL is a reporting company.
NDOL was an investment vehicle to build my position here at PBLS that is now over 1.2 million shares and I belong to a group that owns between 7.1 and 8.1 million. I plan to top my investment in PBLS off at 1.5 million personal shares and the group will top off at 10 million shares.
After I am done with PBLS I will ride it out and if it hits a buck I will shave 10% and hold the rest for the very long run.
My counter weight to PBLS (When I am finished at 1.5 million shares) will be UTS Energy on the Canadian exchange.
PS
I have seen the offices of ProGas. I have spoken with many of the top management (No I don’t know any insider info), I have met one employee and I plan to meet others. I will visit the mine next week (I hope).
This is why NDOL is just an investment vehicle to achieve my real goal of PBLS.
“I got a great deal on some French WW2 army surplus guns. Never used and only dropped once...”
AI
