Member Info for comeonvog

I still think this is primed for an offer , the yanks must be looking at MCRO.

Last shake and we rattle and roll next month, Q2 we drill.

Chocks away , the deluge of news from PPC is about to be released now don't F-up PL your investors deserve some cream after all this time although i do not think you give a damn.

Time. just another grand but every little helps. Didn't think i would get 2p again but this is PPC.

steven49 The first two 500k sells look like a bed and isa or a swap. There was also a 469k buy on the secondary market so not all sells, could drop tomorrow though with oil down over 6%.

The work load really starts to kick in from April, this is when i expect the SP to move north .

· In H2, a further three oil well drilling programme planned at the Dos Puntitas field, Puesto Guardian Concession, Salta Province, Argentina, all due to come on stream towards the end of 2021

". The full benefit of capex will only be fully felt from the start of 2022 when all Salta new wells are expected to be on stream "

I always like month end to buy stocks, could be the last chance at these prices.

steven49 Agreed . But looks like they have a big dump inbound as they keep lowering the Ask on every buy, you can buy now for 2.129p .

But for how much longer. April will be a busy month for PPC.

Well that was uncalled for, do they really need the cash that much at this time or do we have got bigger issues.

AParky I was at an AGM for VOG i think 2012/2013 and i bumped into an investor and we talked about PPC, that was the first time i took an interest in PPC. Over the years i have been in and out of this stock and only made a small profit last year on the spike . My luck the price dropped back enabling me to buy back in and reduce my average. I take on board all you say about this company and PL with all his bull S hut and i have sent off quite a few heated emails to that fact. But all that aside i do now believe they stand a good chance of really getting back to a position of strength . All to easy to forget the situation this time last year , i think we still need to give some time to see the benefits from our working relationship with Trafigurea.
You mention Salta province , well yes that might be an old field but so was the tech used when that was a good field to extract hydrocarbons from. Tech has moved on ( like wise with Paraguay) and i would hope with some good luck and a helping hand from others this time could be different. I am prepared to have my cash here as i think we are only 6 months away from a stellar move north and the 4000boepd this time i think will be a conservative statement, hell if the first 4 wells come good that would be another 1000 boepd this year . IMO

Agreed , so will we all be making some money at last and move this company into the big time, i will order my cow boy boot this weekend.

Si547 Thks for your reply. I will be holding into next year now and maybe longer if they can start to show real growth.

AParky "Quality of partner and terms of agreement will dictate any sp movement i would think" Yes i think that will initially have the biggest impact but we have been told "a substantial national energy company from a non-Paraguayan, democratic, economically stable and technologically advanced country. " Traders will know what's about to happen here and positions will be taken , we have an extensive drilling program about to kick off and the new 3D seismic data acquisition planned over Canada Grande, a formerly prolific but now non-producing oil field also at Puesto Guardian could add to the already 7 wells planned.

Si547 So what do you think, i'm a little disappointed after over 18 months wait.

TradingLad me as well, brilliant post . Investbest123 PARTY TIME.

AmBasteir Early days , GMS usually has a good afternoon. This has been priced to fail for months , time to let the traders leave and investors take positions.

Camkite right time , right place , right industry. This is now back to investment status .

Now lets get back to work GMS. brilliant news IMO.

And that's only the first 4%

"35,000 m of diamond drilling has been planned for 2021 and this announcement covers results from the first 4% of drilling by two drill rigs, with preparations underway to introduce the third diamond rig in Q2 2021."