Replies to post #21749 on Petron Energy II Inc (fka PEII)

[JackStraw]

The wells are low risk low production. That is PEII's business model. Secondary recovery does not relate to larger or increasing production from any individual well. You have it all wrong.
They need large amounts of money to put large amounts of low producing wells online. That is exactly where they are at. That is what the S-1 was for and exactly what the CEO said the money they draw down is going to be used for.

[BigJuan]

Everyone is entitled to their opinion......best to trade on the current though.