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Microcap & Penny Stocks : Microcap Potential Homeruns--Credible, and Reporting

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From: kirkz3/18/2011 6:57:55 PM
   of 1056
 
SENTRY PETROLEUM, [t]SPLM[/t] (<span style='font-size:11px'>LAST</span>: 3.4<span style='font-size:11px'> 3/18/2011 3:58:52 PM</span>) , $3.33 Bid $3.46 Ask, 46.84 Million shares outstanding.

Main product/technology: Oil & Gas Drilling & Exploration. (an exploration stage company, engages in the assessment, acquisition, exploration, and development of oil, gas, and other hydrocarbon properties in Australia and other regions in Austral Asia. It holds interests in four exploration permits covering an area of approximately 6.9 million net acres in the Adavale Basin in Queensland, Australia)

10Q and/or 10K link: [url] yahoo.brand.edgar-online.com[/url]

Financials: Company is still in the process of exploration & validation, and no producing wells yet, therefore has no income.

Independent evaluations completed so far estimate:

- Ten Trillion Cubic Feet of Prospective Gas Resource in the company's 2,000 sq mile Coal Seam Deposit.
- 219 Million Barrels of Oil and 584 Billion Cubic Feet of Gas in ATP 865

I see two possibilities:

1.China has overtaken the United State in energy consumption and Sentry is located in a prime area to provide low shipping cost of gas & oil to China.

2.May have a high potential to be bought out by one of the larger oil companies that are active in the region.


This stock is very speculative so be comfortable with your due diligence before you invest.
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