Come on, you are a two_blackcats33 ID ...you are the same person.
That is deception.
one of the ten commandants
"thou shall not bear false witness"
disclosure: I am not condoning the others' behavior.
I have and use one ID for 12 years
As you progress from 1P to 2P to 3P each includes the previous reverses in it's total
"1P reserves" = proven reserves (both proved developed reserves + proved undeveloped reserves).
"2P reserves" = 1P (proven reserves) + probable reserves, hence "proved AND probable.
"3P reserves" = the sum of 2P (proven reserves + probable reserves) + possible reserves, all 3Ps "proven AND probable AND possible."
As far as PGH goes, it hasn't been mentioned that I have seen that the 1P and 2P reserves for Lindbergh that are big in the news this week are only a part of PGH's reserves. Before the latest increase they were about 20%
Think about that...PGH has about 4 times those reserves in other oil fields!
You have your bid in....
You are not fooling anyone.
Your other IDs this morning too.
You are a joke! NO CREDIBILITY!
You are playing games...and the adults won't play.
I looked at your posting history...
new ID on June 18 and already 250+ posts.
Something odd about that. All are the same type...attacking gold.
I suspect you are a paid shill.
To ignore you go.
Do the math on the new numbers...2P is now 229,100,000 barrels.
The project will be mostly paid for when wells are producing so what do you think the net back will be?
I posted that very fact in the comment section below the article.
Credible authors correct a blatant error such as that.
I wonder if he named the chart? That is wrong.
His whole article is based on that error, thus it is wrong.
The 2P number is now 229.1 MMbls
Also, since most of the Lindbergh will be paid for the net back will higher IMO, much higher.
OK, multiply the 2P barrels by $29/bl
What is the number?
I am starting to see through you.....I don't think you will do the math.
Why would I want to raise my cost basis?
This is not a trading stock.
I think we will be up tomorrow.....we will see who has a crystal ball.
Let him know when he is being made fun of.
He has very poor reading and comprehension skills. He has shown that repeatedly.
When I was trying to tell him about produced water, he googled and his rebuttal actually proved what I said. He can barely read and understand. He can't finish a long post. He actually thought he was educating me about frac water.
When I asked him how many years...decades centuries these oil companies take to do a deal....it went right over his head.
I minored in business in college. He says to me...you know nothing about business....and then says TMEN will make it...when they are out of money and laying off workers....and does not give a single reason or plan that that is so.
I am starting to think he is uneducated, ignorant and a real BSer. That may work in Chicago and community
organizing, but it doesn't fool the knowledgeable, experienced, and educated.
That was pathetic. you gave no support for your stock/company.
Just personal attacks. What will happen? how will they continue? Where will the money come from?
How long do big oil companies take to do a contract.
I am definitely not insecure. I can out debate you on any subject, any day.
I have shown you wrong here many times. I pity your ignorance.
I am fully confident that your GED was earned by the slimmest margins.
What is it with all of you lemmings about JOBS
The only reason most people work is for money.
If you have plenty....you don't have to work unless you want to.
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?