Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: CommanderCricket who wrote (76819)	12/26/2006 12:18:57 PM
From: ZJOHN	Respond to of 206272

Dose anyone have an opinion on WRNW here? TIA John

To: CommanderCricket who wrote (76819)	12/26/2006 7:54:42 PM
From: Ed Ajootian	Read Replies (2) \| Respond to of 206272

CC, BPZ Energy (BPZI) -- Great to hear you're onboard, it should be an exciting ride if nothing else! In addition to the SEC filings and the company presentations on their website, I found the following piece about BPZ from Platt's Oilgram News to be both helpful and fascinating, bpzenergy.com . It goes into the history of how old man Fernando Zuniga and his son Manolo (BPZ founders) got the interest in the block that they are completing this well in (the Z-1 block). In short, it was given to them for nothing by Plains Exploration!! It had been an asset of Nuevo Exploration, and, when Nuevo sold out to Plains, the "not invented here" syndrome took charge and Plains wanted nothing to do with it. Not sure how effective a strategy it would be to wait until the volume picks up before buying more. This company is very tight-lipped, and has set up some effective "gate-keepers" manning the phones. I used to be able to get Manolo on the phone directly but not any more. So its unlikely that good news would get leaked, at least not to all that many people. So the high likelihood is that the next day there is huge volume in the stock is a day in which there was some blockbuster news that got announced. Let's say they announce next Tuesday, before market open, that they did a 72 hour DST of the lowest 75 feet of pay, and for the last 24 hours the well produced at a rate of 50 mmcfd. Where do you suppose the stock would open that day? Good luck trying to build a position in that sort of trading environment.