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Message: Re: Hi
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Jul 02, 2008 04:43AM

Re: Hi

in response to by
posted on Jul 02, 2008 10:17PM

Hi Jonnyblue,

I will only repeat to you some known facts from pltg. This you can find also in CEO's letter:

http://platinagroup.com/pdfs/Shareho...

First and foremost, Platina has amassed considerable proven reserves since our last fiscal report. Management is optimistic that these events will have a positive impact on the Company and its recognized share value—both short and long term .

Platina anticipates

monthly revenue that will likely exceed $500,000 by summer’s conclusion, but perhaps as much as $1,000,000 per month . Based on the amount of common shares issued and outstanding as of this date, Platina projects net royalty income from operations of approximately 5-7 cents per share annualized by August . This does not include the possibility of more development that may be available from additional financing facilities beyond current commitments.

Given our proven reserve estimates that exceed hundreds of millions of dollars , combined with production further validating our progress, we anticipate great shareholder potential value for those who perform their own due diligence and understand all of the hidden opportunity that the Company possesses. In short, management is of the belief that our market value is attractively priced by comparison to similar competitors in the same prospect areas.

Despite summer months that result in vacation time for many, Platina management will be increasing its developmental efforts and be working extra hard for its shareholders.

Platina has made radical production development advancements in response to shareholder demands for increased product sales from our properties. The Company is targeting combined revenues to exceed $1 million per month by the third quarter , including the new pipeline connections in Tennessee for our most recent new wells drilled and completed

We will have a lot of news during summer time, only good news, not so many stocks will have so many news during this summer time, each week this stock will be stronger, as you know we are waiting for news from Wyoming, Kentucky, Tennessee, lot of news on the way, every week, sp should rise with those news, and also Platina is in very hot oil market, oil price will be higher and that all can only be good for sp of Platina. This is a win win scenario, We will be all happy on the end!

Long and strong on pltg!!!


Jul 03, 2008 05:09AM
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Jul 03, 2008 05:54AM

Jul 04, 2008 07:45AM
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