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jjgarcia

04/23/08 8:48 AM

#5572 RE: golden08 #5571

golden....With all due respect, with oil at $118.00 a bl and n/g over $10, and the supposed increase in production we should be at $1.00+ per share!

I don't have the figures in front of me but when the stock was selling at $.40 per share I don't think oil was over, lets say, $70.00 and n/g at $6 - $7. And I am sure that the production was a lot less than we have now. (At least it's supposed to be much more)

Now we have more sites working, our own drilling crew, production, and supposed to have 26 more wells this year, etc, etc and we are at .085????

It's just MO but investors look at our balance sheet and see Foxie draining the wells dry with his salary, bonus' and his other associate company and they won't touch this stock. I said it before and I will say it again, this is Foxies piggy bank and we (the shareholders) are the ones that filled it up for him.

garcia
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mick

04/23/08 11:59 AM

#5575 RE: golden08 #5571

hi golden, some have corrected. good fundamentals keep oil and natural gas going strong.
oil hit $120 ppb

this adds a lot of earning to the balance sheet.

RE:
But mick alot of O&G stocks arenot doing a lot lately.
Powder is not without its problems but the whole industry seems to be trading flat and slightly down.
Maybe buyers are waiting to see how high oil and gas will go.
Investors may see a bubble and be waiting fearing a pop.
I think oil is going to 130 before it relaxes.
Were in a company with great potental,but the ceo needs to GIT ER DONE alreay.

I will be at the next shareholders meeting. And youll know its me because ill be the one asking him how he justifys his salary and not to mention how he takes a bonus for selling of interests.
Maybe ill get thrown out...TEEHEE

Anyways im still staying the course,i believe its all there just like a new jigsaw puzzle. Just hoping BF can put it together.

Being long is a tough road to ride.And i will still buy more,no matter how low it goes. Im married to this baby its either going to kill me or make me rich.

i hope ceo will place new items for PWDR soon.