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alsobirdman

alsobirdman
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  • Is the sun rising on Daybreak Oil and Gas? [View instapost]
    Another great increase in production announced on Thursday. 570 BOPD total which gives us 140, with two more to come on line next week. Our total production from KY and CA should be over 600 BOPD by the end of this month. We should also have the drilling rig back in a couple weeks to start in on the next 4 wells.

    In the 10K our cost of production for the KY wells is just over $6 a barrel. Leaves us plenty since the gas from each well is covering the cost of operating the pumps, etc. The CEO told me recently that each well is paying for the drilling cost in about 6 weeks. After that it's all gravy.

    With 16 more wells planned in KY this fiscal year, and at least 5 more planned in CA, we should easily see revenue of $15M plus for the year. And we should be cash-flow positive with these 4 recent wells. That should help us get noticed.
    Jun 15, 2014. 03:20 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 341 June 12 '14: Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    Thanks for the link. I like this part;

    Already two
    large lead acid battery makers are looking
    to implement Axion’s technology into their
    manufacturing in response to demand
    from end-user customers that want more
    than one source of lead carbon batteries
    Jun 14, 2014. 06:02 PM | 10 Likes Like |Link to Comment
  • Daybreak Oil and Gas, Inc. Announces Initial Production Rates on New Kentucky Wells [View article]
    just further evidence of the long-term potential for this little gem of a company. I have been a shareholder for over 5 years, and the company has made great strides in its goal of growing shareholder value. With these latest 4 wells they should be cash-flow positive. With another 16 wells to be drilled in KY this fiscal year, things are really looking up.
    Jun 12, 2014. 10:21 PM | Likes Like |Link to Comment
  • Is the sun rising on Daybreak Oil and Gas? [View instapost]
    I know nothing other than what can be gleaned from recent press releases. I'll give a call sometime in the next couple weeks. We should be hearing about CA drilling and production numbers for the latest 4 KY wells any day now. I was very pleased with the 10K, showing a big increase in revenue even without the first 5 KY wells fully on production.

    As for yesterdays action, it looked to me like it was someone trying to induce some panic-selling. Looked like that kind of action as I was watching on Level II. Price recovered just fine. I wish I had nabbed some of those cheapies. I did buy some more at .30.

    As for other opportunities, feel free to pass along anything you think looks good!
    Jun 7, 2014. 01:42 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 334: May 17 '14: Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC [View instapost]
    Speaking of stockholders' meeting, IIRC it was in September last year. That month is shaping up to be my busiest travel month of this year but being that I think we should have plenty to celebrate by then, I sure hope I can make it and meet up with some of you to raise a glass of our favorite cheer.
    May 16, 2014. 09:09 PM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    While I agree that PC and ePower are going to be big wins for us, I am still very much looking forward to NSC. I just went back and listened to the call again, and Tom did say Locos plural. While I believe him that there is only one 999, he next states that they will be meeting with NSC in mid-June to discuss next steps as related to the hybrid loco and all-electric locos. Leads me to believe that he is pretty confident that there will be more than 1 locomotive in the near future. Some news coming out of that meeting would be huge. With the 999 rolling within a couple weeks and possibly a decision or order for the OTR, it's looking like this summer could be very interesting.

    It would be nice if these things happen prior to or during our financing negotiations.

    Feeling ever better here and even added some more today.

    Edit - and in response to my question, he did say there are plans for additional electric locomotives.
    May 16, 2014. 02:50 PM | 9 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Maya,

    Something I have been thinking about is this; It seems there could be a limit to the amount of FR needed in the grid. By that I mean at some point could there be little or no benefit gained by the addition of another smoothing device? My knowledge of the electric grid covers the basics, but it seems like this could be a limiting factor at some point in the future.
    May 16, 2014. 11:18 AM | 8 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    HAHA. Was wishful listening on my part
    May 16, 2014. 10:41 AM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 333: May 16 '14: Q1 '14 Filing Released;Axion Receives 4 Powercubes Order; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    And did you notice he said "these locomotives" plural? Could there be more than one 999 rolling out in June?
    May 16, 2014. 10:29 AM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 332: May 14 '14: Axion Receives 4 Powercubes Order; Date For Q1 14 Results; Reverse Split Consent Solicitation Filed; Q4 & EOY 2013 Results & CC; David DiGiacinto Joins BoD [View instapost]
    Great news. Now I am waiting for the complaining to start that the order isn't for 5.
    May 14, 2014. 08:14 AM | 15 Likes Like |Link to Comment
  • Axion Power Concentrator 326: Apr. 24 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Didn't we see CANT buy a large block last fall? IIRC it was several hundred K shares down around 10 cents.
    Apr 25, 2014. 03:47 PM | 4 Likes Like |Link to Comment
  • Axion Power Concentrator 326: Apr. 24 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Yep. I've seen them sitting there. That's what makes me think it is an employee doing a bit of trading for beer money. I doubt an institutional owner would be looking to sell for 15 cents.

    Edit - especially only 5000K shares
    Apr 25, 2014. 03:04 PM | 5 Likes Like |Link to Comment
  • Axion Power Concentrator 326: Apr. 24 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    Yes, I always like to see CANT show up, but moreso when they are only on the bid. I see them now on the offer as well. My guess has always been that they must allow their employees to do transactions through themselves?
    Apr 25, 2014. 02:44 PM | 5 Likes Like |Link to Comment
  • Is the sun rising on Daybreak Oil and Gas? [View instapost]
    I still believe the Levignes (Not brothers, either father and son or uncle and nephew, I can't remember, BTW) wanted to do an equity raise to finance drilling faster and the others said "no". JW told me again recently that slow and steady is their plan and they are in no hurry to get ahead of themselves. The early KY wells have already paid for themselves and it only takes a little over a month for each well to become profitable, so no hurries. I'm all onboard their philosophy.

    Watch for new reserve and production numbers in the 10K in May. I've been adding in the mid-.30's.
    Apr 21, 2014. 05:15 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 324: Apr. 17 '14: Q4 & EOY 2013 Results & CC; CFO Resigns; David DiGiacinto Joins BoD; PV With Storage Financials; Petersen Worksheet Suggests PIPE Effects Nearing End [View instapost]
    What an unusual couple days it has been. I suppose I should have expected it since I bought a large chunk a couple weeks ago at .18xx. I did take advantage of .14 to buy some more, and I'll reserve judgement for possibly buying more if we see .12xx.

    While I agree with John that it will probably be interesting once the PIPEers are gone, I'm not convinced it will be epic unless we get news of some sort to coincide with their departure. Just my guess, but I could easily see .20 but not much more without news.

    With news this thing could take off like a rocket like it did back in '09. Not that I think we'll see $2+ but I think the chart will be much steeper and taller. There are a lot of people sitting on the sidelines waiting for something to happen. I have a couple investor friends among them. I keep telling them that once this starts its climb, it will be too late to accumulate a large position at a decent price.

    GLTA.

    EDIT _ I do wish I had paid more attention to HTL's work. Woulda saved me a lot of money.
    Apr 17, 2014. 08:44 AM | 5 Likes Like |Link to Comment
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