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Bullboard - Stock Discussion Forum Gen III Oil Corporation V.PGK

"GEN III Oil Corp operates as an oil processing company in Canada. The concern owns the ReGen re-refining technology. It provides the ReGen technology which re-refines used motor oil (UMO) to produce Group III base lubricating oil (synthetic grade oil) in marketable quantities. Group III base lubricating oil sells for approximately 50% more than current re-refinery produced Group II products... see more

TSXV:PGK - Post Discussion

Gen III Oil Corporation > PNG Gold Corporation and VeroLube Inc.
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Post by TheBigHarv on Feb 05, 2015 11:15pm

PNG Gold Corporation and VeroLube Inc.

I hope this is some sort of joke. Who the f#&k buys an oil recycling company when world oil reserves are at an all time high?!?!?


https://www.marketwired.com/press-release/png-gold-corporation-and-verolube-inc-announce-proposed-business-combination-tsx-venture-pgk-1989346.htm
Comment by AuntiePenny on Feb 06, 2015 11:53am
The joke's on us. Still no word on Imwauna - one of the world's richest gold veins. Still nothing to indicate why they spent $20 million drilling Imwauna (or even if that is in fact where the money went). I guess we're supposed to forget Imwauna and get all wrapped up in this excitingly insane new enterprise. Wanna bet that it's only a question of time before Imwauna is traded off ...more  
Comment by klondikej on Feb 06, 2015 2:36pm
Wholly c_ap every mining stock that I own eventually turns to petroleum! ROTFLMAO. I Bought 200k shares at a penny based on their Cash position and the fact gold was showing signs of life.BUT after further investigation into the principles behind Verolube I believe we could have just hit the jackpot.(IMHO) Renewable energy is going to be huge and the Patent they hold(ReGen ...more  
Comment by TheBigHarv on Feb 06, 2015 7:14pm
Founded by a guy who used to run family entertainment and childcare centers..... What The Holy #uck! Oh wait I forgot the bakery's and a racing company....anyone have a spare arm to hold one of these bags of mine? These scum bags are going to bleed this thing dry. https://www.bloomberg.com/research/stocks/private/person.asp?personId=8916628&privcapId=260152153
Comment by habibi1 on Feb 10, 2015 11:30am
The US Department of Energy reported that crude-oil stockpiles reached 406.7 million barrels in January, the highest level since the government started keeping records in 1982. Higher supplies wouldn’t be an issue if demand were keeping pace, but thanks to improved drilling technology (fracking), the US is now awash in oil.