This is from OTC Journal:

Today, just after the close, PLTG announced has acquired another 15-20 drill sites in the area of Kentucky that has started producing for them already. This company is on a very fast track expansion program , numbers will start coming through in the September and December quarters. The magnitude of those numbers is at yet unknown, but premlinary results suggest the company will be delivering at least $4 million in annual revenues based solely on the wells that have recently come on line. There's also more to come.

The first couple of days on this new idea I introduced back in June were Mr. Toad's wild ride as the stock traded abruptly from the entry level of $.12 to $.18 , back to $.07 , and then to $.15 .

However, since energy prices started coming down over the past 30 days (much to the relief of many)- this stock has really not been able to find a strong bid. There seems to be a fair amount of excess supply, and the slide in energy prices has taken the sizzle out of the stock.

A good comparable would be Kentucky USA Energy (OTC BB: KYUS) . This company is exploring and starting to develop nat gas and oil properties in the same region. It is currently trading at about a $70 million market cap - PLTG , and it's current $.09 level , is trading at an $11 million market valuation . Cheap for a company on their track.

When I posted my coverage on PLTG , I suggested $.25 would be a good target price over the next 6 months to 1 year.

It's crunch time on PLTG - you have to decide if you are going to be a long term investor, and just hold this stock or pick up more in the typical August malaise.

Personally, I rarely sell the micros during August. I am more prone to buy , and seasonally these kinds of stocks are simply cheap . They will come back as we move into the Fall.

http://www.otcjournal.com/Platina-En...

Well, I found this report very good. I also beleive that this stock will see 0.25$ somewhere in September/October after this quiet period of the year. August malaise is the best time to buy these kinds of stocks. Platina will improve it's potential soon after 10-QSB. There is still 1 hour if you want to attend the Webinar and ask any kind of question CEO Blair Merriam and if you want to see presentation with last pictures and information. Time to buy!

Long and strong on pltg!!!