Replies to post #15678 on Nymet Holdings Inc. (fka NYMH)

[doggone]

What will be the feedstock used??? Veg oil in the raw, is what i hear! Makes sense for this smaller plant probably which likley will not have the capability to extract the oil. Am certain the greater future plant will have this capability.

[stock_jock40]

"So far everything beebee, has tried to do hasn't happened, or was planned butt backwards."
"everything"=False and misleading statement/lie.

For the things that didn't happen, he made wise business choices. The things that will happen in the future more coming.

1. He PR to reduce the share count...it happened
2. He PR the radio station on air.....it happened
3. He PR the road to the mine was complete.....it happened
4. He PR the buying of a shell.....it happened
5. He PR the equipment would be coming to OPP....it happened
6. He PR a distributor for the fuel.....it happened
7. He ungagged the TA.......it happened

This may not have happened in the time frame you would prefer, but it has and did happen.



jock

[Uncle Meatball]

Uncle, yes there are a few other very pertinent questions. So far everything beebee, has tried to do hasn't happened, or was planned butt backwards. So much for PHGI'S business plan to date. Seeing as how this is the start of a fresh brand new plan. Questions that need answers. Be carefull when you get answers, this company's big guns bounce around worst than ping pong balls, with their statements. PRing, or even insinuating income from BIO-DIESEL, before the first of the year, pure crap, in my opinion. Management don't appear to be that smart, with their timeframes. Been wrong every time so far.

Peanuts was suppose to be the major source for the BIO- DIESEL, in the roughly $40,000,000.00 plant as advertised. Than after delays, no money being the major problem, among many. PRed was going to implement new technology, the feedstock could be almost anything, you name it, that too.

The current plant. What will be the feedstock used??? Doubt this very much, but must ask. Has whatever is going to be used. Has it been stockpiled, or is there a current supply available this winter????? From a business point of view, this is definitely not going to be a slam dunk. Many wrinkles need to be ironed out. But enjoy your trip. Also like your posts, pretty realistic, hope some of that rubs off on some of PHGI'S BRAIN TRUST. All in my not so humble opinion. Indian

Why are you so negative? I am not expecting this to rocket to 5 bucks a share by Christmas. I am willing to wait YEARS with my shares. Here is a little story:

I bought a company called South Texas Oil Company (STXX) in 2003. I have not sold ONE of my shares, look at where it is today. Is PHGI the next STXX? Maybe. Maybe not. What I can say is that PHGI reminds me a lot of what STXX was doing.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=STXX&sid=0&o_symb=STXX&freq=2&time=12

There is the chart. HELLO? If I would have been "cautious" with STXX I would have sold my shares for a loss and would never have thought twice.

MMs can keep this down for years, and they may do so. I watched quarter after quarter as STXX continued to grow stronger and stronger and I held onto my shares. Now, I do not worry anymore.

This is why I am asking the questions I am. This is why I love energy type of OTCBB:Pinkies. This company has that very same potential. I am not ready to "crown their <xplitive>" (Sorry, Bears reference there) but I am willing to say that all of the things I look for in a OTCBB:Pink Sheet stock seem to be in place here.

There are good companies out there. Sadly, there are a lot more duds that STXXs but that is why we play in the market, right?

I have a "taste" of PHGI and I may just make it a seven course meal. Then again, it may give me food poisoning and I puke my guts out all over Opp Alabama.

JMHO

Respectfully,
Uncle Meatball