Pacific Energy & Mining Co (PEMC)

[lytnup]

Uh.....
oil is no longer @ all time high - maybe offers for company assets are no longer on table (wait and see, kind of like people with money now waiting to see just how low the market will go before getting back in - smart).
Company position is that they will only accept reasonable offers for company - can't fault them for that. Assets still there, were worth btwn $2.42 - $3.65 a share, definitely undervalued here. Too bad Worldwide can't close the deal with respect to generating buying of the stock. Maybe it's time for a new outfit to get this thing going.