Replies to post #3616 on Phoenix Associates Land Syndicate (fka PBLSQ)

[cash2go]

"$720M oil reserves" is what PBLS has bought

How much did they pay for the reserves? Oil reserves are not coming cheap these days. Again, PBLS fails to tell us what they had to pay (upfront) for the rights. Wouldn't we all agree that an important factor was left out of the PR, again.


Sold half my holdings today for a small loss. A month ago this kind of volume would have put this stock at .04 or above. Moving the cash to stocks I currently like better.

Good luck to us all, even at half my holdings I would be jumping for joy with a strong move up from here.