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Message: Breakout is comming!!! Cup with Handle Pattern!!!

One more time, so yesterdays trading day was great, we got very important news that brought lot of new buyers in pltg and we had also 10KSB-Filing, the trend is upward and if you look on the 3 month chart you will see this very clearly. I will here put some thoughts from yesterday and this can describe why yesterday was very important and why we are in upward trend:

Pltg releases independent reserve report data quantifying its holdings in Kentucky and Tennessee for net oil and gas reserves . According to the report, the specific net recoverable quantities are 1.85 million barrels of oil and 24BCF of natural gas . At present pricing, this represents a value well in excess of $500,000,000.00 .

This is probably the most significant news that the Company has ever released. Although we have other reserve report estimates on other fields that total another $100 or more million , this particular report is extremely conservative based on what we are recovering on the Kentucky field at the moment. We think that the actual reserves could be much higher, but it is too early to tell.

well that was certainly exciting today. This is only a glimpse to what is coming. I am ok with the quarterly report it has a lot of details in this if you look for them. The revenue even though small as it may be now will soon blossom into something special. We are very close in KY in multiple locations as well as WY and TENN this is shaping up to be a fantastic summer. I am now officially loaded up for the ride as I rounded off my trade this morning.
I congratulate all of the longs and I would like to wish our board member best wishes on your pending trip to TENN and KY. I did mention you are traveling to the sites to Blair during our phone conversation this afternoon. If you had no luck on the platina page contact him CEO@platinaenergygroup.com

Domestic oil is only going to get bigger and bigger, this company continues to purchase new land and businesses, their CEO is going to take this one all the way and he has put everything he has on the line.

Oil goes to $200+ a barrel next year, Nat. Gas will be sought out more and more as an energy source.

The great part is that this is one of the most "GREEN" energy companies out there, face the facts that is the direction all Americans are going.

Who is going to get special treatment, contracts etc., A) regular oil company B) "GREEN" oil company?
The company trades at a current valuation of $16.8 million. It seems to me, as these wells prove out in numbers, the company shouldn't have much trouble trading up to a $50 million valuation - this would translate to a $.40 to $.45 stock.

I’ve been reading some great hints the bottom could be at hand in some of the micros I am following. Yes, they have all been decimated this summer- with the exception of recent edition PLTG which is in the energy space.

So everything great, company keep promises and pltg is in upward trend totaly undervaluated. If somebody wants analysis report can look in Bellwether Report:

http://biz.yahoo.com/iw/080716/04164...

And on the end why this stock is great. Because we are waiting for more great news:

Production in Kentucky continues to rise at a rapid rate as a result of the recent drilling activity .

And last year after 10KSB-Filing we got also report, so we can expect in next days also some report about pltg that will explain where our sp should be, I think somewhere between 2$ and 3$, with strong buy!!! This is from last year but worth to read:

http://www.beaconequity.com/report/P...

So great days and week ahead for us, time to buy and enjoy!!!

Happy green days and weeks!!!

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