Dollar Stock Question

By gimpie317, October 23, 2013

This is a discussion topic or guest posting submitted by a Stock Gumshoe reader. The content has not been edited or reviewed by Stock Gumshoe, and any opinions expressed are those of the author alone.

Anyone know the name of the limited issue $1 stock drilling in the Transylvanian Basin that signed a agreement with a major oil company? Nine wells are planned with said ”major oil company” paying all the bills. A 200 – 300% increase in the unknown small $1 company is expected within 1-2 years. Any ideas folks?

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3 Comments on " Dollar Stock Question"



Try Seeking Alpha- Loads of drilling stocks. I bought 2000 PTAXF [U.S.] TODAY @$032 Not Drilling,but oil as well as Awilco @$20, a bit over $1 but P.E.< 5 20% DIV. Also bought 2000 IDST @ $0.045 1/3 OF e.p.s. and a nice business. Too wired for today but will hit those drilling stocks tomorrow. jla 1800 p.d.t.


So Sorry; paid $0.32/share for PTAXF,Too buzed over IDST!