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surfrider3h

02/10/11 7:53 PM

#103 RE: boundas #101

Its a bogus report-read the disclaimer. It is a purely speculative report. The company has not begun drilling, no seismic data as they are still getting ready to do the seismic work, and the disclaimer says it all. In a nutshell it states we have no idea as to the real financial state of the company and have not vetted any information provided to them on the company but you will realise a few points. The European analysts have until July 2011 to pump this stock before the company has to report their next financial report at which time there is still likely not to be any firm drill results. They are participating in the pump of this company that is all. They are pulling in investors but that is all. Ray Charles or Stevie Wonder could issue a report like this and be just as accurate. Careful, they are after your money.
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Peggy

02/16/11 2:02 PM

#106 RE: boundas #101

Several years ago I fell hook, line and sinker on KDKN. The pumping research company was SISM and Schlotter was the wonder analyst. Have no idea what value being named a 4 star analyst by Starmine has to do with anything. Stock was surely going places like $200 a share or some such dream... and it has gone places ... straight in the crapper! KDKN was in the 2-3 dollar range back in 2007 and 2008. It collapsed shortly after the last set of pumps in 2008 to 20 cents or so where it remains. Don't assume this is not a pump just because share value is greater than pennies.

I put SISM and Schlotter in the same bucket as Terry Fields (CEO of everything) and Joe Noel (smiling at you on the glossy PR releases). If you want to play their game and beat them at it, good for you. But most of their PRs have been fantasy land IMO.

Admittedly, haven't done any DD on COUGF. I am also unable to link to Schlotter's report but my sensing is from the snippets in the earlier post that it smacks of KDKN all over again. He certainly tells a good tale.

Be careful.