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EGO - Empire Oil & Gas
- Thread starter krisbarry
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- ego empire oil & gas
Re: EGO - Empire Oil
You were right craftyluke.
And EGO is back in.
Thank you for your knowledge.
phcuk,
EGO is going to drill the thornbill 1, moriary, star finch 1 and lake mcleod next.
Have a look at the annual report and investigate.
I am holding.
You were right craftyluke.
And EGO is back in.
Thank you for your knowledge.
phcuk,
EGO is going to drill the thornbill 1, moriary, star finch 1 and lake mcleod next.
Have a look at the annual report and investigate.
I am holding.
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Re: EGO - Empire Oil
EGO is probably not for the conservative investor. There is definatly a fair amount of risk involved the same as most exploration companies. I take some comfort that they are working with ARQ who have good management and come up with some good results.
EGO is probably not for the conservative investor. There is definatly a fair amount of risk involved the same as most exploration companies. I take some comfort that they are working with ARQ who have good management and come up with some good results.
Re: EGO - Empire Oil
EGO News.
Results of Testing the Nullara Formation due in the next 2-3days.
http://imagesignal.comsec.com.au/asxdata/20071105/pdf/00779399.pdf
SevenFX
EGO News.
Results of Testing the Nullara Formation due in the next 2-3days.
http://imagesignal.comsec.com.au/asxdata/20071105/pdf/00779399.pdf
SevenFX
Attachments
Re: EGO - Empire Oil
Anyone can explain the significance between such an election to participate and non-election? please explain if someone knows the difference.
Anyone can explain the significance between such an election to participate and non-election? please explain if someone knows the difference.
rub92me
Don't look back
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Re: EGO - Empire Oil
They obviously believe that the chances of success have increased. Whether they're right or not remains to be seen.
They obviously believe that the chances of success have increased. Whether they're right or not remains to be seen.
Scuba
Don't f*#% around, buy a round
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Re: EGO - Empire Oil
Really? Could also signal they they are prepared to work to plan and can be counted on when committed? Maybe you're correct, but seems a bit of an assumption...
Anyone else?
They obviously believe that the chances of success have increased. Whether they're right or not remains to be seen.
Really? Could also signal they they are prepared to work to plan and can be counted on when committed? Maybe you're correct, but seems a bit of an assumption...
Anyone else?
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Re: EGO - Empire Oil
I once was told that the market or those in it often "know" whats comming.
I guess that EGO have seen an upside to partaking in the project now.
Would like to see the sp improve just a little more before convincing me that this company is on the way up again.
Been on my watchlist for quite some time, so its rather appealing again lately.
DYOR
I once was told that the market or those in it often "know" whats comming.
I guess that EGO have seen an upside to partaking in the project now.
Would like to see the sp improve just a little more before convincing me that this company is on the way up again.
Been on my watchlist for quite some time, so its rather appealing again lately.
DYOR
doctorj
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Re: EGO - Empire Oil
I'm not sure they know anything special - they backed in on Friday and the formation began testing on Sunday. I assume the penalties increased the longer they were out or once HC's flowed.
The market certainly seems focussing on the "no hydrocarbons" and relatively low pressure for the moment. After losing all that mud, it doesn't surprise me that there's nothing in the first few thousand barrels, but I'd be nervous if we don't hear something in the next day or two.
Disc: I don't hold EGO.
I'm not sure they know anything special - they backed in on Friday and the formation began testing on Sunday. I assume the penalties increased the longer they were out or once HC's flowed.
The market certainly seems focussing on the "no hydrocarbons" and relatively low pressure for the moment. After losing all that mud, it doesn't surprise me that there's nothing in the first few thousand barrels, but I'd be nervous if we don't hear something in the next day or two.
Disc: I don't hold EGO.
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Re: EGO - Empire Oil
Hi guys
I just wanted to ask some questions about this stock.
1. Do you think it is possible for it to go back down to 0.005, 0.006?
If so how and why?
Thanks for any help.
Hi guys
I just wanted to ask some questions about this stock.
1. Do you think it is possible for it to go back down to 0.005, 0.006?
If so how and why?
Thanks for any help.
Re: EGO - Empire Oil
Hi Dollarmite. Welcome.
IMO YES, possible as these penny share are far more volatile, and long term support for this is at 07c-08c.... from a chart pov...
Think the market is priced in the news already, and merely waiting time for confirmation.
SevenFX
Hi Dollarmite. Welcome.
IMO YES, possible as these penny share are far more volatile, and long term support for this is at 07c-08c.... from a chart pov...
Think the market is priced in the news already, and merely waiting time for confirmation.
SevenFX
Re: EGO - Empire Oil
Yeah hello, you picked up the 50 million order, but have you seen the existing 20 million order above that, or the two other 20 mil orders that appeared thursday and monday, all at .2 cents.
I have been watching the previous two 20 million lots being taken out. But as each one gets eaten another 20 million, and now 50 million order comes in at .2.
Adding them together 3x20 million + 50 million = 110 million EGO shares
This works out to 2.2 million dollars worth of shares .2.
Given the amounts and their size, in my opinion its a good chance there is a huge buyer trying to gain a substantial number of shares.
The next question is why?
Do they know something?
2.2 million dollars is a large amount for a penny stock worth 2 cents...
So yes, Im in!!!
Yeah hello, you picked up the 50 million order, but have you seen the existing 20 million order above that, or the two other 20 mil orders that appeared thursday and monday, all at .2 cents.
I have been watching the previous two 20 million lots being taken out. But as each one gets eaten another 20 million, and now 50 million order comes in at .2.
Adding them together 3x20 million + 50 million = 110 million EGO shares
This works out to 2.2 million dollars worth of shares .2.
Given the amounts and their size, in my opinion its a good chance there is a huge buyer trying to gain a substantial number of shares.
The next question is why?
Do they know something?
2.2 million dollars is a large amount for a penny stock worth 2 cents...
So yes, Im in!!!
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Re: EGO - Empire Oil
hmm, bought these a few weeks ago at 2.4c cos i had no idea what i was doing :\
i'm goin on a holiday so i wont be trading till jan.. hopefully EGO can suprise me once i come back
hmm, bought these a few weeks ago at 2.4c cos i had no idea what i was doing :\
i'm goin on a holiday so i wont be trading till jan.. hopefully EGO can suprise me once i come back
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Re: EGO - Empire Oil
that 50 mil order dropped down to a 1.9c buy... wants to save $50k by the looks of it..... buts what $50k on a $1mill order between friends.
I think that they are collecting ready for the Ann of a basin of more oil that Saudi Arabia.... and some humor ofcourse
that 50 mil order dropped down to a 1.9c buy... wants to save $50k by the looks of it..... buts what $50k on a $1mill order between friends.
I think that they are collecting ready for the Ann of a basin of more oil that Saudi Arabia....
and some humor ofcourseRe: EGO - Empire Oil
OR maybe it was a poor attempt to drive the stock up from mexican standoff.
And looks like the Chicken's got legs and Ran. But alas she's back just somewhere safer..
cant see it getting filled IMO
SevenFX
OR maybe it was a poor attempt to drive the stock up from mexican standoff.
And looks like the Chicken's got legs and Ran. But alas she's back just somewhere safer..
cant see it getting filled IMO
SevenFX
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Re: EGO - Empire Oil
Well I bet it got filled today unless they took that order off the table!
Wow
It was a pretty big drop for EGO today.
Investors just dont like ANY bad news when it comes to oil exploration {or any company i suppose}
Well I bet it got filled today unless they took that order off the table!
Wow
It was a pretty big drop for EGO today.Investors just dont like ANY bad news when it comes to oil exploration
{or any company i suppose}
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Re: EGO - Empire Oil
Looks like its game over for EGO till next year.
Stokes Bay is on hold till the wet season is over.
http://imagesignal.comsec.com.au/asxdata/20071204/pdf/00791505.pdf
Looks like the buyers are drying up and sellers queuing up
Looks like its game over for EGO till next year.
Stokes Bay is on hold till the wet season is over.
http://imagesignal.comsec.com.au/asxdata/20071204/pdf/00791505.pdf
Looks like the buyers are drying up and sellers queuing up
