Post by
biggeriron on Oct 12, 2014 11:31am
The Prospect of having an oil strike in the near term
is very much at hand. We are not talking about wildcatting, but rather follow up drilling in area's with proven reserves. These will be the first wells drilled. This will not be a case of oil and no oil, but rather how much oil. So this makes me feel real good about my investment. Furthermore we have a commitment by the Korean Group that they will fund the balance of the first PP up the $6MM. The combination of these two events will help to move the stock to much higher levels.
Comment by
Hockeynut2 on Oct 12, 2014 10:28pm
Ok Bigger, give me the Readers Digest version of what I've missed. The headline says the PP is closed, I have not read the news release, so I will give you the benefit of the doubt. Why do you think the PP is not closed? Why do you think "The Korean Group will fund the balance of the first PP"? GLTA
Comment by
frewil1 on Oct 13, 2014 6:24pm
Take a look at the venture and you still cant figure out why Pop is trading where it is , I know the delays arn't helping either.
Comment by
biggeriron on Oct 13, 2014 6:25pm
Nobody is bending your arm. You can wait until the events happen, you do not have risk anything, although the price maybe higher if you wait. Value and stock price often do not dovetail.