Member Info for Poods

We have earned a good outcome but nothing is guaranteed. POODS

Pretty much completed the additional million share purchase yesterday and obviously the seller is still is still present. I going to gradually up my position to 10 million as the incremental information is positive to me. POODS

All_
There is no question this project has been a mess. The oil and gas is full of stories like this and everyone of them has been a pain in the arse and this one is no different. But, there is considerable confirmation now the area has the makings to be productive. Yesterday I added another 500k shares and plan to do so again today. At this point it doesn't really matter who the seller is. Don't buy more than is comfortable for your personal situation, but for me I am willing to keep accumulating and thought some of might be wondering what I think. POODS

Camelot1-

It is day by day but the trend is improving. Thank you for your concern. POODS

Camelot1_
As to your market maker question, all my orders have gone to Schwab and are filled electronically so cannot answer you question. In the I have spoken with the several firms FOG has indicated were market markets been found either the firms have stopped trading or never did trade. However, I have had little trouble filling my buy orders; selling is probably not so easy. POODS

Newtofo-
I was guessing the trustee has sold half. I do not know when the next report on those holdings will be files. POQ should be able to contact the trustee but either has and is not saying or has not. All things being equal I suspect if it were announced the selling in over the might move up 30-50% but more than that would require some good news. POODS

Newtofo-

How were you able to determine how many shares the trustee currently holds. Given the volume in the last 6-12 months I would be surprised he holds anywhere near that amount. If Viktor is seller that would be new wrinkle, but sort of doubt he is. POODS

Darnitagain-
You are perhaps correct and have thought about that also. I decided I did not want to be expressing my opinion based on a $1-10k position. While that may be all one of my fellow chatters can afford and indeed I started like that, i believe 6mm shares owned outright and not options is a statement in itself. My position is far less percentage wise than you guess, being just a couple percent as the price has declined so much as has my average cost. All of us will be right or wrong eventually, but will we live long enough to know the answer. POODS

Darnitagain-
You may or may not be a long term FOG holder like me. But being WHINEY at this point seems not so bright. I am about to finish adding another million shares bringing my total to 6,000.000. Am I unlucky or smart? We all will begin to know more soon. Someone(s) besides me has accumulated quite a number of shares over the last several months. Bite your lip and put your hands in your pockets. POODS

Odie5263

I have felt as you write this morning for year's POQ is not having his feet held to the fire by the board who seem to his supporters and not his shareholders. Most of the last 10 years has been a waste and I cannot in good conscious give POQ 100% of responsibility for all the issues. As other have explained, as have I, shareholder have been penalized in our situation. There should have been some sort of reset for POQ for the unexpected roadblocks. His silence seems appropriate as there is nothing to report really. The board simply determined to do nothing because it proper would have been contentious because really who would want to hire him after this fiasco. Maybe for what we pay Anne, but no more. POODS

POQ did not a earn anything today: he simply collected more of our hard earned money. He has no scruples; reminds me of leech. Now I said it and feel so much better. How about you guys? POODS

dprussky-

Wouldn't be surprised if this LONDON trade is the other side of the million shares I accumulated over the last few days. As I have said before be patient and accumulate. Once the seller is finished, it will be a new trading day. POODS

Havyanska-

Unfortunately, unlike Alex Underwood, we have a talking parrot. POODS

newtofo-
Glad you expressed the reality of what I tried to express. If it were not for the geology we have been presented, we all would have been out of this P O S. The mere fact it still trades near $100 million indicates there actually might be something there. Our challenge is to hold the board acceptable to high standards and personally think we are nowhere close. If I were not 75 years and retired for 25 years, I would have done more years ago. My only effort besides this chatroom have been to contact some of the board and you guessed it; what a joke. Also, talking common sense with POQ: what a joke; etc. So, here we are with a seeming good prospect, dwindling cash and in my opinion a respectable company who is probably doing a decent job consulting to solve for the key to what may be in the end a terrific asset. But, we all only live so long. POODS

All-

Personally, I do not believe anyone would offer to buy us at this point for more than a few pennies, despite what I think longer term. The problems Origin has run into happen all to often in this business and POQ had nothing to do with. However, he has plenty of other mistakes for which he is overpaid and somehow not been fired by the board. The board is another question, but I will leave it that. Origin I suspect is beyond focused on the current drilling issue. Let the professionals do their think, forget about POQ and any deal theories. Hang in there. Current position 5 million shares and holding for a reason to buy more or not. POODS

Your comments are on the money ; we are talking an interesting speculation with P O S board and management from where I sit. POODS

bigones-

As is say, it takes two to tango, a dance step for those who do not know of it. As such, I have purchased shares yesterday rounding my position up to 5 million shares. I agree this is one difficult "P O S" (hope you can figure out what this stands for). But, emotion is not a part of investing, as it can in some folks overtake logic. Years ago on this board and once on the phone I told POQ, "please, just the facts". Why we have two pleasant bean counters is a fair question, but the board plays along. That said, go back to my earlier comments on the geology. I invest based on information and time will tell us whether that information is a bust or not. POODS

Camelot1-
Please, only buy what is affordable on your part.

POODS

Camelot1-
Appreciate you note with regards POQ. He has not spoken to me in years as well as the few board members who I have touched base with. I did try to contact Viktor thru and intermediary but to no avail. At this point Anne and POQ are content to tell you how conservative they are at ****ed money away. If I were there, my guess is the fees with me taking NOTHING would be about a third at most of what we spend. However, the drill bit if successful will ignite the biggest CROW you ever heard from POQ. Obviously the seller is still there or it wouldn't be quite easy to buy shares. Finally, as to talking POQ, I am convinced he reads this board daily hoping to entrap on something so he can call his favorite attorney and have an excuse to look managerial; what a joke. POODS

bigones-

Not sure if your "handle" bigones references the Spanish word cojones or not. But if it does, think you are missing the point that if the geology proves as strong as the seismic indications, there should be a nice future for the very patient investor. Granted the word patience is testing ours big time, but think I once mentioned waiting 13 years in one case to make 100 times my money because of my belief there was an opportunity, which led to a long holding period, and did not have an uncomfortable amount invested. Yes, the expenses at FOG are a bit high for this situation, but apparently is going to continue to be golf and beer halls until the well is dry; double entendre for sure. I am close to 5 million shares and will pause for a while to see if anything gives me reason to add. POODS