Premium Energy Corp. (PPTL)

[Greg G]

All,

Lets not panic. The volume is so low that anyone could push this stock 20% one way or the other if they wanted to. I would be more concerned if 24M shares traded down 13% then 75K shares.

I seriously doubt that the company is a hoax. There is too much substance and validation in the flowing oil sand find (land leases, initial wells, seismic, etc). I think it is just typical Bruce, waiting to get the deal done tor finance drilling before divulging information.

As far as who is accumulating the stock. Again, my guess, it is folks like us who are speculating on a homerun.

I, like the rest here, would love an update from PPTL but I know that probably will not happen if Bruce has not got financing in place…not his style. But, as history has shown, he does what his says he is going to do. My bet is there will be an announcement regarding the successful financing for the drilling coming soon…don’t crucify me if it does not happen immediately.

Cheers!

Greg