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LDC

07/12/08 12:25 PM

#17285 RE: gb55 #17284

Who knows where ALRY share price will go gb. When a penny stock takes off, its the story that sends it into orbit. This is basically an I-Hub stock right now, once the story gets out to a wider audience, I think we will see an different class of investors coming into the stock, investors with deeper pockets. Money is starting to flow back into the penny markets, especially into micro cap oil companies. Good Luck.
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littlejohn

07/12/08 2:39 PM

#17286 RE: gb55 #17284

There are times when you want to own something that isn't going to fall out of the saddle like a drunk monk...LJ

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OLWALRUS

07/12/08 5:14 PM

#17287 RE: gb55 #17284

I agree with you that the 4000 boem will not be hit until that damn rain stops. They are, as previously stated, at least a month behind in 2008 production ability. It must be frustrating to sit with capital and leases and not be able to produce to ability due to rain.

As I understand, primarily from Nuggetman, the rain, in addition to causing access problems, causes pumps to be shut down due to drainage problems in areas that are accessible. One problem after another due to the unseasonal rain this year and last. However, we do know that the Allenergy crew is working 24/7 in ours and their interest.

It seems to take two months (average) to drill and bring a new well on line and producing. There still is amble time for reaching 10,000 boem production this year. That production would defiantly warrant a .50 to 1.00 pps.