The company uses a 10% discounted amount before tax on net present value (NPV) of Lindbergh 2P reserves, using a 10 percent discount rate, that has more than doubled, from $1.95 per share at year end, 2013 to $4.20 per share at May 31, 2014.
The 1P reserves are now 101 million barrels
now, multiply that by the price of a barrel of oil.
Does THAT number make Linderg attractive?
x$50 equals $5 billion
x$100 equals $10 billion
The 2P reserves are much more than that.
You don't actually think that the price going from 1 cent to 2 cents with no news means something ?
I hope not.
Thinly traded and easily manipulated.
The spread on buy/sell can be 30%
What will they get done? That is pretty vague.
You could mean the bankruptcy filling.
You owe your followers here, more than that.
Try and put a decent post together about what, how, and when something will get done.
How slow are those big oil companies? Years? Decades? Centuries?
You do realize that TMEN is out of money?
The rumor is they have no workers, they were laid off.
What gets done with no money or workers?
Have you learned the difference between frac water and produced water?
See the headlines for the full story and chart:
Edited to prevent deletion as Y ahoo did on my first post....they suck
VANCOUVER, BRITISHCOLUMBIA--(Market wired - Jun 24, 2014) - Endeavour Silver Corp. announces that exploration drilling at the Bolañitos mine in Guanajuato State, Mexico continues to intersect high grade, silver-gold mineralization in the Asuncion area of the La Luz vein system forming three discrete zones over an 800 meter length, still open to some extent at depth and towards surface.
Drilling highlights from the L-Asuncion area in 2014 include 329 grams of per ton (gpt) silver and 4.75 gpt gold over the 4.60 meters (m) true width, or 17.9 ounces per ton (opT) of silver equivalents over the distance of 15.1 feet (ft), in hole LZ17-4, including 1,530 grams pt silver and 9.4 g rams pt gold over 0.13 m true width, or 61.1 o pT silver equivalents over 0.5 ft.
At a 200 grams pt/m cutoff, these two mineralized zones collectively measure more than 400 m long by 250 m deep by up to 5 meters thick (see L-Asuncion longitudinal section here). Silver equivalents are calculated at a ratio of 60: 1 silver: gold. Drilling highlights were as follows:
see the chart in the press release...
And the downside of that is?
I wish he was on vacation all the time. He deserves it.
Thank you for your service to our country in 'nam.
I do not care if you made money in JNUG, or I should say ...good for you.
I think it was the way you put it in everybody's face.
I was just commenting on the fact that you actually did not state a buy on a date, but after the fact.
Credibility comes from real time posts of buys and sells and when you blow it....as you have done a few times...admit it and try to do better.
People can have more than one investment. I have others larger than PGH
A person could have JNUG AND PGH or others.
I saw a stock that looks great for a trader...regular up and downs of 10% every few weeks. It is showing lower highs and lower lows that could be a problem. let me know your professional trader opinion.
Check out MPEL
He actually went to another message board stalking me. (TMEN)
You can check his posting history.
He's a professional....
No doubt I pegged him right, he and his aliases.
Don't feed his ego and post replies to him. IMO
that just encourages him.
You also said that you were going to spend $500 on pay day
So, you don't have 4 million shares, and $500 spend cut you average almost in half.
Do you have $1000 dollars worth of stock now?
Salvatore_newyork is also two_black_cats33
1) both Obama fans
2) both highlight words by making them all CAPS
3) Salvatore_Newyork is defending two-black_cats33, that is a dead give away
4) both use lower case for "republican"
5) two_blacks_cats33 has admitted using multiple IDs
disclosure: I use one ID since 2002. that is all you need if:
1) you tell the truth
2) you respect others
3) you can argue your cases with sound facts
4) if you have an IQ above 100
any thumbs down I will consider to be from one of the many aliases.
Isn't everybody getting tired of his games?
He seems to want attention and everybody gives it to him.
We should stop feeding him.
Dear Mr. President,
I would like to tell you about a company that has technology.
They have a clean coal technology called "POXC"
Short for pressurized oxygen combustion.
They received a $1 million grant for a study at the University of Georgia. They were only 9 months late on completing the test of the project unit and it failed.
Here is the information.
In September 2012, UPA was awarded a $1 million grant from the U.S. Department of Energy (“DOE”) to help fund a project on a cost reimbursement basis under a special DOE program to advance technologies for efficient, clean coal power and carbon capture. As part of UPA's project, in October 2012, ThermoEnergy received a $900,000 subcontract order from UPA to manufacture a bench-scale “flameless” combustion reactor under the grant using Itea’s design. The project was originally scheduled to be completed by September 30, 2013; UPA received a no-cost extension from the DOE to extend the completion deadline to June 30, 2014.
Itea commissioned the equipment in the first quarter of 2014 and commenced testing. The equipment was unable to complete all scheduled tests satisfactorily and was shut down after two brief tests. The equipment was disassembled and removed from Georgia Tech at the completion of the scheduled testing period. The DOE has been advised about these events. Itea is in the process of reviewing the test results and, pending their analysis and response, a determination will be made on the future of UPA.
investorchicago_66_upa answered why the demonstration was cancelled on May 21, 2014 at 10:34 in his post.
If I were wanting anything, it would be to know the dividend will continue on with the small, incremental increase for the next 50 years.
9 hours ago, before the market opened...you said.
Correction coming! When this starts dropping, it will drop fast.
And you want us to believe you owned it at that time and sold today.
You are FOS and you are goldex3.
You did not suggest buying it on 5-30-14
You did not mention it until two weeks later,
No proof you bought it on 5-30
You have a poor track record based on what I have seen you post and the multiple IDs is strange. You use them for some reason....and it is not to benefit others.
Sorry, but your word is void.
You give varying stories about buying and selling and then delete your ID and start over.
Your posting history shows a new ID 6-18-14 when you have been posting here before.
Care to explain the new ID and the missing posts?
disclosure: Posting with this ID since 2002
Go back and read your pumping, pie-in-the-sky posts.
You should be more humble.
You should change your name.
You, like the other longs here, seem to have a prejudice against the unemployed. Yet, you said you are unemployed. You are probably bored also.
That is a good point.
I know you mean $5 per barrel
I was just goading you....you said you had me on ignore, only a few days ago.
So, I was checking to see if you were truthful.
You and the others are all the same. Why say? You can't do it.
You and your several IDs
If you are so sure of yourself, why do you always try and intimidate me?
Nothing you can say can impress me. Actions speak louder than words.
You can not even defend your investment here. You can only attack and call names.
That speaks volumes.