Oil Optimization Inc V.OOI

What a great summer

[skyhi0]

I've just returned from 4 weeks vacation in Europe and it hs been a fabulous summer. AS fall approaches I am looking forward to a possible 10 - 25 bagger on those great buys on OOI this summer all around the .02 level . I'm thankful every summer for those who dump their shares into a thin market because they don't have the patience and probably shouldn't be there anyway.
Going forward not a lot has changed. we have passed an opportunitywith a JV partner that didn't pan out and now we need another and that deadline is looming. Without details I can only read between the lines and imagine that the prior JV possibility and now minority shareholder couldn't agree on the location of the two drilling ventures. The president of OOI is and remains confident inhis targets as last stated and I assume is in the process f selling the idea to new farm-in possabilities. The current price of OIL does not hurt. Early in the year we were bumbling around the $90 price level and now around $110. China and emerging markets seems to be regaining solid footing and pursuing the urbanization of 100 million souls. The world apparently will need another 40 million barrels of oil a day on top of the current 80 million in 25 years even with the urgent switch to alternate forms of energy. This only means opportunities like OOI will eventually get their day to prove up what is so highly pressumed to exist.
Several commitments to drill are moving much closer and those deadlines cannot be achieved without a partner. I expect that it won't be too long and we will hear that a new partnership has been achieved and the yet unannounced environmental approvals are already out of the way and drilling could happen very quickly or at the very latest in 4 months.
Good luck to all the longs as we finally near the outcome of our patience. Thanks to those who fed my holdings at .02 this summer. Admittedly I now own more than I ever intended. :)