Brand New FVSTA .015 Could Go Wild Tomorrow!
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From: Penny Chief To: [Image: http://trumpia.com//files/user_files/p/pennychief/pennystockchiefjpeg.jpg] Tribe Members These past few weeks have been nothing short of remarkable. We’ve watched some amazing runs. This morning’s play was just what we like to see… a steady climber that rose gradually over the first hour on enormous volume that provided many, many opportunities. The morning’s gain culminated at 0015, up more than 36% on the day and over 25% from the day’s open. Not a bad morning by any means, although the company’s well known volatility reared its head late in the day as profit taking commenced to blemish an otherwise amazing day, before closing flat.
Tonight we’re looking at another exciting company in our favorite industry, oil. But tonight’s play has a twist… an exciting twist:
Did you know that Russia is the largest oil producer in the world Production reached an average of 9.93M barrels of oil per day in 2009 for a total of 494.2M tons. It produces 12% of the world`s oil and has the same share in global exports. With that in mind, let’s get to it:
Tonight’s play is Far Vista Petroleum (FVSTA) And here’s why:
1) FVSTA has proven reserves that would make any oil company jealous.
2) FVSTA’s short term chart is starting to look hot.
3) At just .015 (that’s one and a half cents) and following today’s strong day, there could be significant upside.
Links to help you on your research:
Far Vista Website [Link: http://farvistapetro.com ] Quote [Link: http://www.otcmarkets.com/stock/FVSTA/quote ] The short-term exponential moving average (EMA) and Fibonacci analysis are both bullish after a green day today, yet as impressive as the short term chart is, the meat is of this company is where the bulk of the excitement is generated from… perhaps we should elaborate on the size of the reserves we’re talking about here for you to get the full understanding of this situation.
Far Vista recently completed its acquisition of CJSC Chedty Neft, an oil producer with proven reserves in the Federation of Russia. It`s oil field is located in the Chedtyiskoye Field, located in the Timan Pechora Region of Russia.
· Recently acquired Chedty Field has proven developed reserves of over 1.5B barrels and its proven undeveloped reserves exceed 4B barrels of oil.
· To date, twelve wells have been drilled in the field including one parametric, five prospecting, two exploratory and four development.
· The proven, developed and producing, as well as the proven undeveloped resources, have a total estimated value of over half a billion dollars. That number does not even include additional wells which are to be drilled on the site of which the probable reserves have a gross value of over 1B dollars.
· Russia is the largest oil producer in the world. It produces 12% in the world`s oil and has the same share in global oil exports.
· This past May, Russia increased its crude oil output by 0.1% to 10.48M barrels per day, almost reaching a year high and a national record.
Far Vista seems to be making their move into the Russian market at the perfect time.
Strong growth in the Russian economy means that local demand for energy of all types is continuing to grow.
FVSTA closed at just 015 cents today. At its current level there could be an enormous upside.
Start your research right away. Feel free to start with the links toward the top of this email.
We always encourage you to do further research. Also, if you find yourself in a position to profit it is often a good idea to do so.
That`s all for now tribe.
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