Replies to post #156358 on Value Microcaps Motherboard

[SSKILLZ1]

AMZG

FWIW I added a few more at $1.79. I don't think anything that happened today, will affect the fundies of the company. Also rather then them acquiring 600 BOPD they acquired 750 BOPD up front, which will hit q4 numbers. Although this is a painful day in my portfolio because of AMZG, I still believe in AMZG in the long run. All is just my opinion, and I could always be wrong though.

[micham2012]

AMZG:

Prospectus:

http://ih.advfn.com/p.php?pid=nmona&article=59445799

Transaction disclosed but prospectus "subject to completion." Price is missing, but apparently price has been fixed at $1.70.

[SSKILLZ1]

AMZG

I added 50% more share today. Brought half at $1.79 and half more of todays buys at $1.74.

Earning would of been .04 with the dilution last quarter. But that is not adding in the almost 60% jump in production that goes along with it. Which is obviously the reason they diluted. Also they recognized oil at $88 a barrel in q2, oil is been well over $100 in q3. If they got $15 more a barrel, that would add about 1.1-1.2M after tax to the bottom line. Earning were .04 last quarter if you adjust for the dilution. Now add In a 60% jump in production, and Oil prices being higher which could add another .01-.02 next quarter on that alone/ Plus they are growing production regularly. I like AMZG here, and will continue to buy on weakness. All is just my opinion, and I could always be wrong though.