Powder River Petroleum International Inc (fka PWDR)

[StormyMonday]

Check the calender, smack in the middle of dog days of summer,we should be fishing or at the beach like everyone else. The 2nd Q report looked fine, I dunno what all the moaning and groaning is about with some of the others here. 1.6 mil less outstanding so know we know for a fact that IR is not bs-ing us about the share buyback program. That in itself is something we should all be thrilled about!!! People are upset with a Company making 4 cents a share?? Hmmm let me try my math 101....That gives us a PE of 6
Fair value is a 12 PE, thats where its peers trade so we are undervalued under .50
Stock Overhang? Naked Shorts? fine I am at .22 looking for a fill