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Re: deafchild post# 6306

Monday, 06/02/2008 5:21:05 PM

Monday, June 02, 2008 5:21:05 PM

Post# of 64475
Are you sure "this company has many wells that are producing"? Try and verify that thru Texas RRC records, and you get a fat goose egg. Zip, nada, zilch for production as Pilgrim Petroleum. They ALWAYS have upcoming projects. This year will IMO be more of same chit as last year - IF there is any value to any of Pinheads pie-in-the-sky projects, he will sell the value to the guy that shares his office, and you will get zippo. Last year it was GEH, and PGPM investors got nothing on a $41M deal. I'm sure the longs here remember that one!