Pilgrim Petroleum Corp. (PGPM)

[BossMonkey]

Where did you get that it was a pumped out oil field? Oil companies regularly shut down wells to go to other sites with easier access. It doesn't mean the well is empty but rather than there are easier places to get the oil from making it more profitable. The statement on the website mentioned "new extraction technology" For me, that was what I was interested in and was betting on. Very well could be made up nonsense as we never got to hear about that as they were supposedly waiting to become current to release that info...If it is real, then they could have something of significance. Long ways from hearing about that now though but they do still have those wells and they are not empty.