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Member Info for bakoven


Member Since: Thu, 9th Feb 2012

Number of General Chat Posts (all time): 5
Number of General Chat Posts (last 30 days): 0

Last Posted: 2 Sep '14



1
2 Sep '14


Have a bit more hunting to do before reaching any sort of conclusion. For a supposedly high-powered team management are notoriously slack in keeping shareholders updated.

I have scanned a few of PG-M International's operations in Carson, Hutchinson and Moore without a sense of excitement. See http://www.texas-drilling.com/carson-county/leases, and subsequently click on the other two counties. Google maps will probably update its satellite images in May 2015 giving a better idea of drilling activity on the various wells.

Workovers on the wells might be bearing fruit to some degree. If so, that information could easily be entered on the company's website. Reference -

http://www.investegate.co.uk/matra-petroleum-plc--mta-/rns/operational---acquisition-update/201401220700142063Y/

IMO only, MB will be making a tactical error by moving to an offshore exchange. He forgets that Matra is well known to scores of investors here without trying to lure new ones to NYSE/OTC, etc. Terms on the AIM are relatively favourable when compared to foreign exchanges. Relisting here is the way to go.
30 Apr '14


First look-in and joining the Lost Souls' club.
30 Jan '13


Vegas99 - Some interesting leads from you there. Have a few notes to add later in the week. Bit too busy at the mo to fiddle around the keyboard.
26 Jan '13


Vegas99 - As a general rule I shall now steer clear of all company startups with massive share issues. Some of them will founder under current economics no matter how attractive.

rmlvegas1 - I shall await SOS/RFW completing a Steve Antry-type performance. It's a big ask but within possibility.
26 Jan '13


Good move. Shall regularly follow it over next 2 months. Thereafter the work roster gets really busy. Am currently moving along quite nicely on FTSE100. MAGP's paper profit has dwindled drastically of late. Its performance governs increased exposure on the AIM. And there are several outstanding prospects on offer at present. I must admit to a couple of failures so great care has to be taken on so-called "hotshots".
1


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