Pinnacle Activity Ticker
Oil speculation at a cheap price.
If your an investor that is willing to risk a little ,here's two tiny oil companies that are similar in structure (about 15 million shares outstanding),very similar in their quest,to unlock a windfall property and very different in how they will go about it. Newton Energy on the venture NTN has about 2 million in cash but needs slightly more to drill their Harlequin site which has been ready to go for a long time.Trust me .I'm a shareholder.Check out their website and don't forget SEDAR. If Harlequin is successful the pps will go to many multiples of the present 13 cents ,imo in a matter of days following a proper news release from the company that firmly tells the quantity of oil that investors can expect daily.
If Newton's European location bothers you ,try Delta Oil and Gas which has 40% interest in a newly spud well in California ,near King City. Again, a very competent management and what they lack in cash they make up for in production. Oil in Oklahoma ,with small interests, Oil in Texas with quite a lot more and California ,a decent productive gas well. All these keep the company in the black but King City is the real prize .,40% of 10,000 acres of possible new well locations. All we are waiting for is the final figures as to how successful the first exploration well has been. It is cased all the way down and there are 2 pay zones ,so it seems to be good.Why are these companies sitting at 13 cents each ? A= Have you ever heard of them? Check SEDAR for both and SEC for Delta.. I say that risk is obvious but the price and share structure in both companies is most definately good speculation. DYODD.