Comments on: Larry’s Look at Today’s Market: 7/16- 12:50 Pacific http://www.otcjournal.com/otcb/larrys-look-at-todays-market-716-1250-pacific/768/ OTC Journal Blog Fri, 21 Nov 2008 01:15:07 +0000 http://wordpress.org/?v=2.0.3 by: cyberjo http://www.otcjournal.com/otcb/larrys-look-at-todays-market-716-1250-pacific/768/#comment-123425 Fri, 18 Jul 2008 01:50:58 +0000 http://www.otcjournal.com/otcb/larrys-look-at-todays-market-716-1250-pacific/768/#comment-123425 If oil keeps going down will it be a bad time to own PLTG? <em>Editor: At these prices, I don't see it as a risk factor. You have to remember, whether oil is $140 or $100, this company is going to be delivering new revenues it has never delivered, not seeing a retraction of ongoing revenues. Their wells will be very profitable even at much lower oil prices, and they are coming from nothing. I expect they will have about 20 wells generating revenues by year's end, up from zero last year.  </em> If oil keeps going down will it be a bad time to own PLTG?

Editor: At these prices, I don’t see it as a risk factor. You have to remember, whether oil is $140 or $100, this company is going to be delivering new revenues it has never delivered, not seeing a retraction of ongoing revenues. Their wells will be very profitable even at much lower oil prices, and they are coming from nothing. I expect they will have about 20 wells generating revenues by year’s end, up from zero last year.  

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