These are wonderful runs if one can take advantag

These are wonderful runs if one can take advantage of them Junebug.  I was not able to get TAUG before this run, but congrats to those who did.

I suggest putting FRMC on your watch lists.  FormCap Corp. (FRMC) is an oil and gas driller that just acquired 100% control of an 875 acre concession in prime oil and gas country located in New Mexico.  The company also has an option on 2,400 acres.

The story with FRMC is that they settled a lawsuit and may now be ready to start drilling.  The settlement required FRMC to pay or provide 10 Million shares in exchange for a reduced settlement, and attorney fees and court costs will also be factored in.  Once the shares are all sold (these were unrestricted shares, so no waiting period for selling), the share price could easily rise again.  In December, FormCap shares were trading for over two dollars a share, and they were not ready to start drilling at that time.

On a side note, the part of the country where FormCap's concession is located requires only shallow wells (4,000 to 5,000 feet).  Such wells can be drilling in a single day.

As with any stock, do your own due diligence.  Suggestions on this board should only be considered opinions.