Yesterday Oil gains 5$, this is news from OPEC:

http://news.bbc.co.uk/2/hi/business/...

And this part could be important for Platina:

In its 2008 world outlook, Opec said that adequate oil reserves and new methods of exploiting them would allow supply to keep up with demand.

And this is important because:

Max Green, licensing specialist at UT's Office of Technology Commercialization, said the technology will be installed on older oil wells that do not produce oil on a large scale. Green said Platina is the only company licensed to use the technology , though it has the right to sublicense the technology to other companies.

http://www.otc.utexas.edu/News/UTSel...

$5.60 jump in the price of oil amid threats to production in Nigeria and Brazil and an additional missile test by Iran kept the stock market's gains in check. This could be also good for Platina because Platina has wells in USA, so it is safe for production.

Now, what can we expect in next few days, first we should have 10KSB-Filing by 15.07 late afternoon, that means or on Monday or on Tuesday or even before, and we should get some update from current projects in Kentucky, maybe something from Wyoming and Tennessee.

Maybe we get also some PLTG Trading update like after last Q-Report from 2007:

http://www.wallstreetenews.com/HotSt...

Platina Energy Group, Inc. (OTCBB: PLTG) is on the move and should continue to have the attention of investors looking to possibly benefit from the energy sectors! Tuesday after the stock markets closed, the company, a fast growing E & P Company, issued a press release that it has met its promise to achieve positive revenues from oil sales for the third (3rd) fiscal quarter ending December 31, 2007.

This is additional great news for the company as the press release states that accordingly, the Company is on track to be operationally profitable within the next few months as previously forecasted by management!

Platina is valued by the market at less than $10 milions which is only about one-tenth of the value of the Company s PV10 reserves. As a result, we are initiating coverage of these shares with a Speculative Buy rating and a $1.50 target

Long and strong on pltg!!!