Why do you say that? To me the weak close is showing the opposite. I too was wanting the ann will give it a kick but there was a lack of demand so sellers drove the price down. The momentum the day before may be due to insiders expecting an ann. We will see tomorrow.
edit: oh, there is one more ann out. oops, please disregard my comment. Thoughts on the ann?
Hi folks,
EGO ... astrocycles looking good for October/November 2007:
05102007 ... positive news expected here
16102007 ... 2 positive cycles - rally continues ???
18102007 ... more news expected here
30102007 ... positive spotlight on EGO, as a result
of 2 positive cycles ... but, price
reaction may be unusually flat.
15-16112007 ... more positive news ... price same
as 05 and 18102007 ... ???
29112007 ... minor and positive cycle here
happy days
paul
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The clastic sediments of the target Virgin Hills Formation are
interpreted to have been intersected with lithologies being
predominantly tight sandstones and calcareous claystones.
No significant indications of hydrocarbons or porosity were
noted over this interval. Further evaluation of all intervals in
this well will be undertaken with the planned wireline logging
program.
Following the logging program, the well will be plugged back
and sidetracked to the Stokes Bay targets. In Valentine-1
the very strong gas shows and indications of porosity in the
shallower intervals of the Anderson and Laurel Formations is
considered highly encouraging for the targets of the Stokes
Bay 1 well which were encountered as planned, substantially
down-dip in the Valentine well bore.
i just want to know, when does drilling in stokes bay start?
* i only hold a small portion, sold a while back...
from EGO annual report pg 6. and again further on, pg 13 has drilling program dates.
how do i cut and past or copy to here from a pdf? i could get it word then here as an attachment but not in text on this bit....
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