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alsobirdman

alsobirdman
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  • Is the sun rising on Daybreak Oil and Gas? [View instapost]
    I know I've said this before, but I expect news any day regarding drilling in Kern and also the start of the next 4 wells in KY. The other operator they are sharing the rig with asked if they could drill a couple more wells while they had it but they should be about done now.

    I would be very surprised to see anything under .20 but anything is possible. I also see very little chance for takeover now but you can't rule anything out in penny land. The next 10Q should show a profit given that production from the latest 4 wells was not included in the 1Q results.

    I'm keeping the faith. I'm also working on getting more written on them here on SA.
    Aug 2, 2014. 07:14 AM | Likes Like |Link to Comment
  • Is the sun rising on Daybreak Oil and Gas? [View instapost]
    Yes it was. Whoever is selling is very determined. Could be the directors but there are also a couple other legacy holders with 1M+ shares who may need some money now. Seems to me that .25 is a pretty solid floor. I still think anything in the .30 range is a very solid buy.

    CEO told me recently that production for 2Q will be much larger than 1Q. Since 1Q showed first operating profit even with reduced production from first 5 wells, 2Q should be the first profitable quarter in the company's history.

    Plus, drilling should begin within a few weeks on another set of 4 wells in KY. Drilling should also begin soon in CA once some minor permit issues are resolved.

    I'm still accumulating and looking forward to the future.
    Jul 22, 2014. 09:34 PM | Likes Like |Link to Comment
  • Is the sun rising on Daybreak Oil and Gas? [View instapost]
    Wish I had some insight, Patrick. It's one of those things I can't figure out. 10Q shows revenue up 260% from last year, finally showing an operating profit without including the 200+ bopd from the last 4 wells and the stock sells off.

    The CEO told me a few weeks ago he thinks it is a legacy stockholder dumping his shares for a reason only known to that person.

    I'm still as bullish as I ever was, but I have to admit I wish I had sold a bunch of my shares in the 40-cent range when I had the chance. I'd be buying them all back and more right now.

    I'm still holding strong. Should be drilling in KY again soon, and lots more wells to drill in Kern county when the permit issues get resolved there.

    If you want to know when drilling is starting in KY, use this link to get to permit issuance data. They only get the permits a few days in advance in KY.

    http://1.usa.gov/1qgykXt
    Jul 16, 2014. 07:50 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 348 July 10 '14: David DiGiacinto Appointed Chairman And CEO; Share Reverse Split And Authorized Share Reduction Approved; Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available [View instapost]
    Thanks to you guys for all of this train research and information. The main reason I am so large in Axion is NSC. When they came out and publicly stated "our industry partner, Axion Power", I started buying big. There is NO WAY a company like NSC makes a public statement like that unless they have big, long-range plans. Just doesn't happen in that level of company. I don't think it will, but I don't care if it takes another year of testing, I have no doubt there will be many slugs and OTR's built. It will be a gravy train for us longs.
    Jul 11, 2014. 08:02 PM | 11 Likes Like |Link to Comment
  • Axion Power Concentrator 347 July 06 '14: Share Reverse Split And Authorized Share Reduction Approved; Definitive Reverse Split Consent Solicitation; Q1 '1 CC Transcript & MP3 Available; Q1 '14 Filing Released;Axion Receives 4 Powercubes Order [View instapost]
    John,

    Of course some of these guys would then complain if he was walking the halls that instead he should be out on the road beating the drum with financiers, etc. Some people just need to complain about something.
    Jul 9, 2014. 09:39 PM | 8 Likes Like |Link to Comment
  • 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
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