Replies to post #38619 on Pilgrim Petroleum Corp. (PGPM)

[Icy_CT]

.03-.05 short term price correction (book value), after that we'll see; it's likely that we'll see a PR or a few after the CE comes down, not to mention we'll be uplisted to otcqb by the end of June. That alone should be a decent catalyst. Many people believe .10-.25 is possible. If the rumors about a reverse merger are true I can see it happening but since it's just a rumor, I think .04 or .05 are pretty reliable goals.

[superheated gas]

i was waiting with some cash on the sidelines as well, but added to my total position with it this afternoon... dont want to get caught trying to buy shares of this AFTER the CE is removed.