GREY:PTVYF - Post by User
Comment by
longrider1964on Jun 19, 2012 4:17pm
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Post# 20031555
RE: RE: The dump before the dramatic rise.
RE: RE: The dump before the dramatic rise. yup,
something is definitely up with this company and it is keith hill and his buddies new toy to play with :) don't exactly know what the plan is but i would venture to say it involves taking the share prcie considerably higher in the bear term to do another PP at much higher prices. these guys want to see the warrants exercised and then a nice big raise at much higher price 30 cents minimum and i would think they would try for 40-50 if they can get the stock momentum going. If the workover shows a nice increase in flow rates to 500-1000 barrels a day per well and they then announce a 6-8 well program to increase production cheaply and at the same time bring in a great new management team and possibly a big partner for the offshore stuff and i can see this stock flying considerably higher in a very short time. All imho but we will see as Keith Hill is no fool and has been great at increasing shareholder value and brazil is very hot right now!
Longrider