Replies to post #19722 on Pilgrim Petroleum Corp. (PGPM)

[Dallas66]

I agree with you 100%...in theory you are correct. Problem is...some of us have been here ( stuck in PGPM )for many years and have gone through this before...back when oil jumped up well over $100 bbl...same thing happened...WONDERFUL news came out from the company...going to make millions upon millions of dollars with all the O&G leases they acquired....and it was nothing more than lie after lie after lie to suck people in.

I'm quite certain there are some other companies out there that will do well and actually follow through and turn a profit...I don't believe this one will. I hope they do, I really really hope they do.....but history ( Pinedo track record )tells me this is nothing more than a new run to line pinheads pockets...nothing more.