Wednesday, January 03, 2007 10:02:45 AM
with this, you're either in or you're too late becasue when news hits, IMO, I think this pops pretty huge.
I tihnk they might be able to release news, but they are waiting for some finalizations and maybe they are allowing it to be played a bit so some other folks they know can get in or accumulating more, so they are stalling the news a bit.......that's speculation on my part, but I figured, this thing is on and I expect a big pop into the $3+ range on the first couple days of news and then head towards $5, then with further news, maybe to $10 PPS and then next year maybe mucxh higher, especially if we get an oil crisis and even though oil right now is down near $60-$61 per barrel, I hear a report last night on NPT radio saying how we get 11% of our oil from PEMEX, mexico's state run oil compnay, but their biggest oil field, where they get most of their oil is soon facing a severe peak and it will be running out of oil soon, as the production today is 3.5 million barrels a day, but next year they say it may only produce 2.5 million barrels a day and then less the following year. To me that is huge becasue we get over 10% of our oil from them. That could greatly effect the price of oil. Also, Pemex is in shambles, as their pipe lines are old and corroded and the PEMEX company is almost bankrupt and cannot drill for a new oil field where they think they have alot of oil because they don't have the money to do it.
So expect if all things are on with this, for the PPS to grow nicely, without an oil crisis, but with an oil crisis, to grow much more.
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