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


To: Ed Ajootian who wrote (88748)8/5/2007 10:52:34 PM
From: architect*  Read Replies (1) | Respond to of 206338
 
Ed, It would be very helpful, to get a report on the certified reserves in daily production. In the meantime, if my assessment, above BZP’s stated production for Block Z-1 - 5,900 bopd and 20 MM cf/d natural gas is favorable, I’ll buy another lot of BZP Energy.

www1.investorvillage.com
Geoman, from IV answered one of my questions from the recent PP prospectus - why was the off-shore natural gas, abandoned, not produced and sold by the previous owner?

Technically, for BZP - the Full Sto (20,10,5) which often precedes price movement has formed a double bottom. IMO, the Full Sto (20, 10, 5) is close to giving a buy signal. The MACD (12,12,9) which has been bearish for a long some time, may start to curl up, (bullish). A cross-up of the MACD (12,26,9), at such oversold levels is a very bullish indicator both short and long term.

The technical indicators that key off the moving averages, are bearish as is the price channel. The pps is well below the 200 DMA at $5.16. The indicators relative to money flow are all very oversold. Unless the fundementals change, IMO there is less risk buying when the pps is oversold. - John



To: Ed Ajootian who wrote (88748)8/10/2007 11:49:55 AM
From: architect*  Read Replies (2) | Respond to of 206338
 
ED, Thank you for your hard work and research - I'm pleased with my new position in BZP Energy!

Have you researched the Canadian juniors with light oil production in South America?

PMG.To - Petrominerales - (Mkt cap $1.2 B)
PDP.TO - Petroliferia Petroleum Ltd - (Mkt cap $800 M)
PSE.TO - Pacific Stratus Energy - (Mkt cap $575 M)
GTRE.ob - Gran Tierra - (Mkt cap ($183 M)

john