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Re: Penny Machine post# 3

Saturday, 02/09/2013 10:22:39 AM

Saturday, February 09, 2013 10:22:39 AM

Post# of 6
I quit playing O&G years ago, Pennymachine.

I determined that if it's a penny/subbie, it's a scam. Or atleast, it's a low reward play.

While a few have made investors some money now and then, of all the ones I used to follow closely back in 2006-2008, none have gone on to be honest investments. Not one. Despite oil having held $80 bbl all this time.

Many have sought the 'low-lying fruit' in reworking old wells, but history proves that none have ever made much $$ from them. Atleast, none have made investors in general, much $$.

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