EMR - Emerald Resources
- Thread starter yogi-in-oz
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Re: EMR - Emerald Oil and Gas
Found this bit of info today ...
Buy recommendation from Intersuisse printed in the West Australian today page 65 based on Canning Basin exposure.
Do yourself a favour - look a the buy side, look at the sell side.
Currently a low 20.5c.
Found this bit of info today ...
Buy recommendation from Intersuisse printed in the West Australian today page 65 based on Canning Basin exposure.
Do yourself a favour - look a the buy side, look at the sell side.
Currently a low 20.5c.
doctorj
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Re: EMR - Emerald Oil and Gas
The Valentine/Stokes bay drill is operated by ARQ. EMR, EGO, PCL, ARQ and FAR all have equity in the drill.
The Valentine/Stokes bay drill is operated by ARQ. EMR, EGO, PCL, ARQ and FAR all have equity in the drill.
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Re: EMR - Emerald Oil and Gas
Looks incredibly hard to get into and out of EMR. What reason is there to buy such an illiquid stock? On the other hand, over the last week I've already traded EGO 3x. Closer to drilling I'll be taking a hold position.
Looks incredibly hard to get into and out of EMR. What reason is there to buy such an illiquid stock? On the other hand, over the last week I've already traded EGO 3x. Closer to drilling I'll be taking a hold position.
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Re: EMR - Emerald Oil and Gas
EMR is tightly held so it should run very well on good news.
EGO - for some, seems to be a daytraders pleasure ground.
If anyone has the Intersuisse buy recommendation info, can you please post.
I would be interested in their reasoning. I would be interested to know if/how they compared EMR to the other players.
I am a happy EMR holder. I am not daytrading, holding, awaiting my reward!
PS: MST, not hard to get into EMR, you can buy some now for 21c.
LOL.
EMR is tightly held so it should run very well on good news.
EGO - for some, seems to be a daytraders pleasure ground.
If anyone has the Intersuisse buy recommendation info, can you please post.
I would be interested in their reasoning. I would be interested to know if/how they compared EMR to the other players.
I am a happy EMR holder. I am not daytrading, holding, awaiting my reward!
PS: MST, not hard to get into EMR, you can buy some now for 21c.
LOL.
doctorj
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Re: EMR - Emerald Oil and Gas
To get an idea of the leverage each party has to the drill look in the research section on the FAR website (http://www.far.com.au). I think its the top link in the main frame. The information is a little outdated now as the targets have been revised, ARQ has increased their equity, EMR has reduced their equity and I believe FAR and EGO have increased their shares on issue or atleast announced their intention to do so. It's a decent starting point mind you. I also disagree with the risk % Strachan has used to discount the wells, but that's another issue for another post.
To get an idea of the leverage each party has to the drill look in the research section on the FAR website (http://www.far.com.au). I think its the top link in the main frame. The information is a little outdated now as the targets have been revised, ARQ has increased their equity, EMR has reduced their equity and I believe FAR and EGO have increased their shares on issue or atleast announced their intention to do so. It's a decent starting point mind you. I also disagree with the risk % Strachan has used to discount the wells, but that's another issue for another post.
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Re: EMR - Emerald Oil and Gas
Thanks Drj
The other thing is that EGO was at .007c and EMR at 23c (from memory) in the report you mention.
EGO is now 1.5c and EMR is 21c (but not for long, I suspect).
Cheers
Thanks Drj
The other thing is that EGO was at .007c and EMR at 23c (from memory) in the report you mention.
EGO is now 1.5c and EMR is 21c (but not for long, I suspect).
Cheers
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Re: EMR - Emerald Oil and Gas
Intersuisse morning note attached. You can get them yourself at the link below. Tuesday is the link for the EMR report.
I would be mindful that the morning notes are a free service and given that nothing is for free someone is paying for the report to be published so if it isnt the investors then perhaps it is the explorer.
http://www.intersuisse.com.au/standard.asp?pg=48
Intersuisse morning note attached. You can get them yourself at the link below. Tuesday is the link for the EMR report.
I would be mindful that the morning notes are a free service and given that nothing is for free someone is paying for the report to be published so if it isnt the investors then perhaps it is the explorer.
http://www.intersuisse.com.au/standard.asp?pg=48
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Re: EMR - Emerald Oil and Gas
TheAbyss
Your post and the information given is most appreciated.
EMR now 22c, or up 10%.
The volume on the buy side looks to be building.
A reminder reading the article that EMR are not only in the Canning basin but also the USA.
LOL.
TheAbyss
Your post and the information given is most appreciated.
EMR now 22c, or up 10%.
The volume on the buy side looks to be building.
A reminder reading the article that EMR are not only in the Canning basin but also the USA.
LOL.
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Re: EMR - Emerald Oil and Gas
My figures show
Data at: 08/08/2007 12:15:07
Code Cur. Value % Mvmt Volume Value
ARQ $1.450 -0.68 625374 906668
EGO $0.016 23.08 64020811 959334
EMR $0.215 7.5 366892 77040
FAR $0.135 -3.57 747439 101241
PCL $0.067 -6.94 14853 995
My figures show
Data at: 08/08/2007 12:15:07
Code Cur. Value % Mvmt Volume Value
ARQ $1.450 -0.68 625374 906668
EGO $0.016 23.08 64020811 959334
EMR $0.215 7.5 366892 77040
FAR $0.135 -3.57 747439 101241
PCL $0.067 -6.94 14853 995
Re: EMR - Emerald Oil and Gas
Same, it's nothing much but I only just got in today and flicked a k each at EMR & EGO, @ .215 & .015
Only 50M shares on issue and when EMR moves it will move quickly.
This latest drill could be a company maker, imho.
DYOR I hold AGS CUL EMR RMI
Same, it's nothing much but I only just got in today and flicked a k each at EMR & EGO, @ .215 & .015
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Re: EMR - Emerald Oil and Gas
Bhutos
Tomorrow could be a good day for EMR as according to Yogi's information,
9 August, is postive for EMR.
Good luck.
Bhutos
Tomorrow could be a good day for EMR as according to Yogi's information,
9 August, is postive for EMR.
Good luck.
Re: EMR - Emerald Oil and Gas
Thanks and heres hoping - I actually put another order in for another k's worth in the last couple of hours trading for EMR at .21 with no luck.. i'll pick some up tomorrow morning hopefully. Should be a good little punt.
Thanks and heres hoping
- I actually put another order in for another k's worth in the last couple of hours trading for EMR at .21 with no luck.. i'll pick some up tomorrow morning hopefully. Should be a good little punt.
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Re: EMR - Emerald Oil and Gas
jtb
Saw your recent post on EGO.
Notice there are a few talking about moving their money to EMR (from EGO).
This is an example:
i took profits too.
moved them into EGO's partner EMR.
They have almost the same equity stakes in Canning Basin project...but check this:
At present...EGO's MC is $54 million
EMR's is only $15 million!!!!!!!!
----
Hope it starts a stampede!
jtb
Saw your recent post on EGO.
Notice there are a few talking about moving their money to EMR (from EGO).
This is an example:
i took profits too.
moved them into EGO's partner EMR.
They have almost the same equity stakes in Canning Basin project...but check this:
At present...EGO's MC is $54 million
EMR's is only $15 million!!!!!!!!
----
Hope it starts a stampede!
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Re: EMR - Emerald Oil and Gas
That person it me
I don't think there'll be a stampede...because people buying EGO see it as a penny stock..and don't even look at market caps.
Should Canning prove up, then as far as I'm concerned, the switch is easy money
That person it me
I don't think there'll be a stampede...because people buying EGO see it as a penny stock..and don't even look at market caps.
Should Canning prove up, then as far as I'm concerned, the switch is easy money
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Re: EMR - Emerald Oil and Gas
Good onya Pommiegranite (or ttc)
The thought has been put in the heads of a few.
Good news and EMR will move as tightly held.
Good onya Pommiegranite (or ttc)
The thought has been put in the heads of a few.
Good news and EMR will move as tightly held.
Re: EMR - Emerald Oil and Gas
The more the merrier over here I reckon - I can't buy anymore
Looking forward to the drill - boy has it been a long time for me.
It must be a right of passage to buy EGO when you start trading,
It was the first stock I ever had a million of and I remember seeing my name on a top 50 list or something (this before they cracked the 1 billion issued FPO's though) I thought I was the MOST.
It was all down hill from there
Off to bed dudes.
See you on the flip side
The more the merrier over here I reckon - I can't buy anymore
Looking forward to the drill - boy has it been a long time for me.
It must be a right of passage to buy EGO when you start trading,
It was the first stock I ever had a million of and I remember seeing my name on a top 50 list or something (this before they cracked the 1 billion issued FPO's though) I thought I was the MOST.
It was all down hill from there
Off to bed dudes.
See you on the flip side
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Re: EMR - Emerald Oil and Gas
jtb and pommie
It's moving.
0.24c, up over 11%
Thanks goodness. I got so excited yesterday I sold some other shares and bought more EMR.
30c shouldn't be too far away.
jtb
when you wake up I hope you have a nice surprise.
jtb and pommie
It's moving.
0.24c, up over 11%
Thanks goodness. I got so excited yesterday I sold some other shares and bought more EMR.
30c shouldn't be too far away.
jtb
when you wake up I hope you have a nice surprise.
