Replies to post #29439 on Black Dragon Resource Companies Inc (BDGR)

[Sargeant-Preston]

MM's have started filling at half-a-hundreth-cent lately on lots of basket case stocks such as this one.

And why not ? It beats being a pickpocket, the money's just as green, they're never going to get caught or go to jail for it. A veritable licence to steal.

[ericrez]

I call that good luck, you can double @ .0001, congratulations. You can sell that 100k @ .0001 and make $5, minus broker costs of course.

[crocodileman]

was that an order to buy or to sell you put in? If it is an order to sell you have an issue you need to take up with your broker, however if it an order to buy i wouldn't complain.....

RE another user : LOL the mm's got caught with their pants down and have a lot of shares to sell.....
there are hundreds of millions of shares bought everyday...... plenty of buyers go around...... there is no shortage of buyers here....

Many people want to bash BDGR and do their own word-smithing, while suggesting you sell at .0001 and even challenging you to sell at .0001 "if you can"..... Well you wouldn't have any problem selling at one today that is for sure and I guarantee the same for tomorrow.... You have to ask your selves why people who own the stock would promote such negativity around such great news???

folks please understand that their are a lot of people who want this stock.... and they want a lot of it!
with all the latest news there is no wonder why. Remember the following:


OIL CITY, La., Jul 13, 2010 (GlobeNewswire via COMTEX) -- Black Dragon Resource Companies, Inc. ("the Company", "Dragon") (Pink Sheets:BDGR) is pleased to announce that the company has entered into a formal agreement with two complimenting private oil companies to create a Canadian Corporation to be traded on the German stock exchange. Each entity involved will have an equity interest in the newly formed company. Dragon will contribute its 640 acre Cotton Valley lease in exchange for shares in the the Canadian Corporation. These shares will be booked as an asset on Dragon's balance sheet. Dragon has agreed to keep the newly formed entity's common stock for a period of at least 18 months.
The value of this strategic asset will help to maintain intrinsic value for Black Dragon shareholders by using the strategic advantages of trading on this particular German exchange. It is illegal to short stocks on this exchange which will allow for a fair valuation of the newly formed entity's trading stock.

OIL CITY, La., Jul 13, 2010 (GlobeNewswire via COMTEX)
This structure also provides a comfort level to the German fund that has now committed to funding the Cotton Valley drilling program. The German fund has committed to fund up to 8 Cotton Valley Wells, one well at a time once the new company trading is on the German exchange in Euros dollars.


This was just discovered recent: www.black-dragonoil.ca/

Further searching I discovered this: whois.domaintools.com/black-dragonoil.ca


OMDA Drops Lawsuit Against Black Dragon Resource Companies, Inc.

some folks will want to put their own spin on this..... Simple fact that OMDA has dropped the lawsuit, or has put it behind them may have a negative impact on OMDA i.e. OMDA wont get the assets that they thought were going to get from BDGR.... This could be a blow to OMDA's stock value..... Im very sorry to all the OMDA shareholders if the stock should loose value....
some folks will want you to believe that BDGR has no assets.... That they belong to OMDA, or that they were going to be transferred over to OMDA at the conclusion of the lawsuit. However that has not happened and wont be happening. BDGR will retain its assets and continue to grow.

This will alleviate any confusion regarding Black Dragon Resource Companies, Inc.'s assets.

in addition to the current assets (BDGR recently valued @ 9 to 11.5 million by Crude Dude), they will have this as well:

OIL CITY, La., Jul 13, 2010 (GlobeNewswire via COMTEX)
The value of this strategic asset will help to maintain intrinsic value for Black Dragon shareholders by using the strategic advantages of trading on this particular German exchange.


some people will tell you that despite BDGR publicly saying no r/s that they are going to r/s next week.....

OIL CITY, La., Oct. 11, 2010 (GLOBE NEWSWIRE)
Management would like to reiterate the company is not going to reverse split its stock.


OIL CITY, La., Oct. 6, 2010 Black Dragon Resource Companies Inc. Substantially Increases Oil Production from 1st to 3rd Quarter

some folks will tell you that black dragon is done. finished. going away..... but obviously that is not the truth. In fact it looks like BDGR is just getting started here....


some people will tell you that they don't pump oil.....

OIL CITY, La., Oct. 6, 2010 (GLOBE NEWSWIRE)
Black Dragon Resource Companies, Inc. ("the Company," "Dragon") (Pink Sheets:BDGR - News) is pleased to announce today that company oil production increased 51.7% from the 1st to the 3rd quarter.

some people will tell you that BDGR only lies and only puts rosy spins on things.... This simply isnt true....

September monthly production was down slightly to 2,521 barrels.


Management's goal for September was 3,033 barrels thereby missing this goal by 512 barrels.

OIL CITY, La., Sept. 14, 2010 (GLOBE NEWSWIRE) -- Black Dragon Resource Companies, Inc. ("the Company," "Dragon") (Pink Sheets:BDGR - News) is pleased to announce today that the company is in negotiations to acquire 4-5 deep right leases (3,000-12,000 ft.) All leases have no depth restrictions plus the potential to add 2-3 sections (640 acres per section) for additional drilling.

Dragon would have enough of its own acreage to drill 8 Cotton Valley wells and possible Haynesville Shale zones as well. The purchase will happen in stages allowing for the turning on of the first purchase, then the second, then the third, etc. Dragon hopes to close on the first of these leases this week.

OIL CITY, La., Jul 13, 2010 (GlobeNewswire via COMTEX)
The German fund has committed to fund up to 8 Cotton Valley Wells, one well at a time once the new company trading is on the German exchange in Euros dollars.

Haynesville shale

To conclude it looks like BDGR has put the ugliness behind them after a long dispute with OMDA and the runway is clear for take off...

Its late Im tired and i doubt anyone will even read all of this. LOL!

Go BDGR!

Everyone should do their own DD and should buy or sell based on their own judgment.