Replies to post #4616 on Powder River Petroleum International Inc (fka PWDR

[Oxyurid]

Be careful

that 1000 boepd is only ~300 oil, so use that figure in your calculations. NG is the rest of that daily production and that has been pretty cheap lately, so I would ratchet down your $4MM/qtr estimate.

I'm not expecting any increase in share price until the company moves away from WI sales and focuses on exploration and production, AND they become transparent in that endeavor. With that being said, it could be a LONG wait.

GLTA
Cheers,
Oxyurid

[MaxM]

Chang has the WI investors in the far east and Fox the shareholders. With no oilpod info and lack of up to date info from Fox, how can one do proper DD to justify owning this stock. If you go to wallstraits.com it will give some insights of what the far east investors think. Could both ends be feeding the middle? The best info come from the Texas RRC and that does not show the production stated at the meeting. Just my own honest opinion.

[golden08]

You will try to ride your short to zero.