Many are buying here in hopes for a run now, but the buyback prob. has a little to go....I've been buying the low .02's for a bit now...silently..and just waiting for da explosion.
The chart is straddling the 50/200 day MA so when it goes, it busts wide open.
It is my policy that Phoenix need not go into debt to develop these oil and gas properties. Our policy shall be to raise money for future drilling (if need be) on a non-recourse method without putting Phoenix into debt.