EGO - Empire Oil & Gas

[YOUNG_TRADER]

Re: EGO - Empire Oil

Looking ahead EGO key dates may be:

13032006 ..... negative (finance-related) ???

27032006 ..... minor cycle

12042006 ..... positive (finance-related) ???

I've always been curious how do you come up with these dates and predictions?

Some sort of charting technique or something, its a bit far fetched for me, but I'm curious as to exactly what it is.

 

[yogi-in-oz]

Re: EGO - Empire Oil



Hi folks,

EGO ..... positive news comes in, as DCA #7 is rigged
up to spud Dune-1, on 20042006 ..... !~!

Already a small oil producer, any production from this
well should underpin forward operations, but it will
take a lot of good news to move the price, due to
the HUGE number of shares on issue .....

...... could still turn out to be a good trading stock
for scalpers, in the weeks ahead ..... ???

happy trading

yogi

 

[kr1zh]

Re: EGO - Empire Oil

24.6 million shares was changing on hands today.....

currently drilling at 212 m at CARNARVON basin.

any prediction?

 

[yogi-in-oz]

Re: EGO - Empire Oil



Hi folks,

EGO Enters into Farmin Agreement with Asia Pacific Energy

EGO ..... starting to get their act together
now and it is likely to be a slooooow recovery,
with so many shares on issue .....

..... but, it is a micro oil producer, with a current
drilling program, so it does have some POTENTIAL,
as a trading stock .....

happy days

yogi

 

[jonty]

Re: EGO - Empire Oil

Huge Volume today,
Broke the .01 level and hopefully will move even higher...

 

[yogi-in-oz]

Re: EGO - Empire Oil



Hi folks,

EGO ..... expecting good news, around
06-07062006 .....

happy days

yogi

 

[yogi-in-oz]

Re: EGO - Empire Oil



Hi folks,

Both MOS and EGO are negotiating on ADS
Rig 6 on opposite ends of the country .....

"Mosaic Oil, Ausam Resources Pty Ltd and
Sunshine Gas Ltd have entered into a rig
sharing agreement for the use of the
Australian Drilling Services (ADS) Rig 6. It is
anticipated that the rig will be available to
Mosaic in mid-August 2006 to drill in PL
119/Bainbilla Block (Farmin area) in
southeast Queensland. "

-----

"Empire is negotiating with drilling contractor,
Australian Drilling Services to contract Rig 6
to drill the Stokes Bay-1 well before the
onset of the Kimberley wet season this year."

-----

With MOS-Ausam-SHG consortium in a rig
sharing agreement, it may be a long while
yet, before EGO actually has use of that rig ... ???

happy days

yogi

 

[Ken]

Re: EGO - Empire Oil

I think its fair to say EGO Empire Oil is anything but....

 

[yogi-in-oz]

Re: EGO - Empire Oil



Hi Ken,

EGO ..... is running out of time to make an impression,
this year ... but, there's a few positive cycles left in
December 2006:

13122006 ..... minor news expected

15122006 ..... another minor cycle here.

18122006 ..... minor cycle

22122006 ..... strong rally (?)

28122006 .... positive spotlight onEGO

Early
Posted - 21/11/2006 : 04:06:24 AM Show Profile Reply with Quote


Hi folks,

PYM ... despite today's rally, not totally convinced that
we will not see some more negativity, soon ???

..... and looking ahead:

28-29112006 ... major negative cycle expected here

04122006 ... negative news espected.

07122006 ... minor

18122006 ... 2 difficult cycles here.

29122006 ... positive cycle here - fincance-related ... ???

12-15012007 ... expecting positive news, as a positive spotlight
shines on PYM, again.

24012007 ... minor and finances ...

happy dayz

yogi

Posted - 21/11/2006 : 04:06:24 AM Show Profile Reply with Quote


Hi folks,

PYM ... despite today's rally, not totally convinced that
we will not see some more negativity, soon ???

..... and looking ahead:

28-29112006 ... major negative cycle expected here

04122006 ... negative news espected.

07122006 ... minor

18122006 ... 2 difficult cycles here.

29122006 ... positive cycle here - fincance-related ... ???

12-15012007 ... expecting positive news, as a positive spotlight
shines on PYM, again.

24012007 ... mino and finances ...

28122006

happy dayz

yogi

 

[Trader Paul]

Re: EGO - Empire Oil



Hi folks,

EGO ... a big rickshaw doji formed by Wednesday's price action,
leading into two positive time cycles, over the next couple of days .....

..... and some significant positive news expected, on 29062007 (???)

happy days

paul



=====

 

[Sweet Synergy]

Re: EGO - Empire Oil

Massive volume this morning! (currently the 2nd most traded share today) The Daily chart shown is breaking a downward resistance line .... could be a nice move

 

[Sweet Synergy]

Re: POTENTIAL BREAKOUT Alerts

Massive volume this morning! (currently the 2nd most traded share today) The Daily chart shown is breaking a downward resistance line .... could be a nice move

 

[Sweet Synergy]

Re: POTENTIAL BREAKOUT Alerts

Massive volume this morning! (currently the 2nd most traded share today) The Daily chart shown is breaking a downward resistance line .... could be a nice move

Sorry posted this in the EGO thread as well so forgot to add code ....

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Sorry posted this in the EGO thread as well so forgot to add code ....

If this breaks 9 then put your granny's house on it!!! When it break 1c sell both your wife's kidneys and put them on it. When it breaks 1.2 cents, you'll be really old....LOL

Seriously though, they are about to be involved in a significant drilling campaign, and if it comes off, could seriously re-rate the company. Check ARC thread for detail.

Here's an assessment of what it might be worth to them:

 

[UPKA]

Re: EGO - Empire Oil

one of the few ones heading north on a day like this. still trading at high volume, broke its sideway trend. expecting drill results soon, so lots of upside on this one.

 

[kevinecom]

Re: POTENTIAL BREAKOUT Alerts

If this breaks 9 then put your granny's house on it!!! When it break 1c sell both your wife's kidneys and put them on it. When it breaks 1.2 cents, you'll be really old....LOL

Seriously though, they are about to be involved in a significant drilling campaign, and if it comes off, could seriously re-rate the company. Check ARC thread for detail.

Here's an assessment of what it might be worth to them:

Kennas,
Just a quick question, what do you think of stock analysis? I'm thinking of subscribing

 

[Sweet Synergy]

Re: POTENTIAL BREAKOUT Alerts

Hi Kennas, Thanks for your info ... the fundamentals on this are interesting

.... but "seriously"! > Amazing what some massive volume can do hey .... EGO did break 1c very nicely within 24hrs. Looks like you will be selling my "husbands" kidneys lol

P.S. (I think it will likely happen before I'm really old) I'd like to see volume similar to thur or fri .... and possibly a little consolidation first .... if I was to enter this as a new trade.

Cheers

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

Kennas,
Just a quick question, what do you think of stock analysis? I'm thinking of subscribing

Kevin, I'm not signed up, I got this off FAR's web site I think. Maybe ARC. So, can't comment.

Hi Kennas, Thanks for your info ... the fundamentals on this are interesting

.... but "seriously"! > Amazing what some massive volume can do hey .... EGO did break 1c very nicely within 24hrs. Looks like you will be selling my "husbands" kidneys lol

P.S. (I think it will likely happen before I'm really old) I'd like to see volume similar to thur or fri .... and possibly a little consolidation first .... if I was to enter this as a new trade.

Cheers

Quite surprised that this ended at 1 cent again actually. Maybe it has broken the .007 - .008 range? If the Valentine/Stokes drilling ends in tears then this will go back to the dust bin. If there's some O&G about, then this should do rather nicely, as will the other partners.

(holding EGO and FAR)

 

[Sean K]

Re: POTENTIAL BREAKOUT Alerts

If this breaks 9 then put your granny's house on it!!! When it break 1c sell both your wife's kidneys and put them on it. When it breaks 1.2 cents, you'll be really old....LOL

Seriously though, they are about to be involved in a significant drilling campaign, and if it comes off, could seriously re-rate the company. Check ARC thread for detail.

Here's an assessment of what it might be worth to them:

My wife's kidney's are gone.

Probably a breakout now, trading at 1.2...

Not sure if this has any legs, but it's certainly unusual in a bearish environment. Gotta be due to the Valentine/Stokes Bay drilling due to commence next month, but the partners aren't moving.

If this holds above 1.1 EOD then should be moved to outstanding breakout thread probably.

 

[woksta]

Re: EGO - Empire Oil

Yeah big buyers are building nicely. Was lucky to pick up a small parcel last Friday when it dipped to 0.9c. Starting to make some noise on Hotcopper so won't be at these levels for long imo.
Yeah Kennas FAR, EMR et al are all flat today. Maybe people realising EGO provides the best leverage out of the Canning Basin group.
Thanks for your analysis btw, made me sit up and take notice