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kozuh

08/14/12 11:54 PM

#11884 RE: Bobwins #11883

Does Portugal permit frackin' ... ???

France put the kabaash on frackin' when

the peasants claimed it would mess up

their drinking water. Since Portugal is in

the EU (at least for now), some peasants

there may be anti-frackin' ... ???

And if you can't frack, how are you goin'

to get the job done ... ???
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stock_peeker

08/15/12 10:58 AM

#11886 RE: Bobwins #11883

PEC.v also being suggested by Cl001, particularly after he found out recently that Soros's Quantum Fund was selling out their positions.

An Excerpt:

"Last Friday monthly warning report was filed that Soro's main Quantum fund was selling PEC. They sold about 5 million last month and has about 23 million to go as of 7/31. 29 million shares traded so far this month, I think and hope he is almost done here".
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rocketeer357

08/16/12 12:16 AM

#11892 RE: Bobwins #11883

PEC.v/PNRXF

Used some of my MMT divy cash to buy a modest PEC position between .07 and .075 a few weeks ago. PEC recently partnered funding for a pre-salt well which will spud in late August. Might see a pop on the news of spudding, but with Soros gone shares should be in tighter hands. At .07, this one is priced for failure, and to date, deservedly so. One bit of decent drilling news validates the company's vast holdings, much of which, as you've said, have 3D seismic already in the bank. People expected more by now, but that doesn't mean the goods aren't there.

Used some more divy money to load up a bit of ZEX.V- very similar story to PEC but in a different neck of the woods. Lots of cash raised (better than $20 million still on hand) and options priced wayyyyyyyyyyyy above the current PPS. And lots of dumping by institutional investors to bring it to its current .035. 10 million shares traded today. Could be the beginning of a rise off the mat.

Both are longshots to be sure, but then again, so was MMT not too long ago!!