VIL - Verus Investments

[condog]

In this case the people have all ready been burnt, that info may just be some one ramping the SP, CAN YOU BELIEVE THAT WOULD HAPPED ON HOT WHOPPERS, no way. This test has taken to long, not good news I believe.

Pilots you need to hold your judgment a bit and wait see.....your negativity has no basis yet, and is merely preying on peoples fears

Wait see....what monday brings....

Today may well be a beauty for long term holders, not chasing the quick $ as all the traders jump back in for anticipation of mondays announcment...

Who knows really, but fact is the fundamentals why most baough this stock a week ago are still there.... small market cap, big potential upside, in good area with low inital costs and near time frame...

 

[Mrb1g]

Just be prepared then.

If we do get a 'we need to do more testing' ann the SP will fall below that 3.8 (possibly significantly) in the short term anyway and it could also be a long time before if recovers if it does.

Just make sure u have a plan/strat.

Mm. I assume the announcement is coming out on Mon/Tue so the question is do I wait and see (again) or sell in the pre-announcement build up. Then again, I suppose that's the million dollar question that everyone wants the answer to!

Also I've heard talk of widening the choke and I keep bearing in mind the point in one of the announcements were they had to redesign the rig due to high pressure levels? Seems favourable to my incredibly inexperienced mind.



What would your personal plan of action be here?

 

[condog]

Mm. I assume the announcement is coming out on Mon/Tue so the question is do I wait and see (again) or sell in the pre-announcement build up. Then again, I suppose that's the million dollar question that everyone wants the answer to!

Also I've heard talk of widening the choke and I keep bearing in mind the point in one of the announcements were they had to redesign the rig due to high pressure levels? Seems favourable to my incredibly inexperienced mind.



What would your personal plan of action be here?

Go and have a read of hot copper - for once theres a far more intelligent debate over there happening

 

[Mrb1g]

Go and have a read of hot copper - for once theres a far more intelligent debate over there happening

I've read every post in regards to Vil on both forums ;]



I'm inexperienced so I take what knowledge I can from everyone and see what wiser people than me are saying.

Edit: Are you referring to the 'can Verus be a 10c stock again?' thread?

 

[pilots]

Mm. I assume the announcement is coming out on Mon/Tue so the question is do I wait and see (again) or sell in the pre-announcement build up. Then again, I suppose that's the million dollar question that everyone wants the answer to!

Also I've heard talk of widening the choke and I keep bearing in mind the point in one of the announcements were they had to redesign the rig due to high pressure levels? Seems favourable to my incredibly inexperienced mind.



What would your personal plan of action be here?

Having to redesign the rig due to the high pressure is pure BS, I never had to do that in my forty years of rig work, as to widening the choke, thats the NORMAL way to flow test a well, this test has gone on to long, if they come up on Monday more testing required, it will be time to jump ship, the smart ones have all ready gone.

 

[condog]

I've read every post in regards to Vil on both forums ;]



I'm inexperienced so I take what knowledge I can from everyone and see what wiser people than me are saying.

Edit: Are you referring to the 'can Verus be a 10c stock again?' thread?

Right now theres several good topics happenign with far more open minds and intellectual debate....... worth checking out all the 12th ones so far...good snippets in each,

 

[Mrb1g]

Right now theres several good topics happenign with far more open minds and intellectual debate....... worth checking out all the 12th ones so far...good snippets in each, especially from Ya

Yeah.

I've been keeping an eye on Ya, Melua and Nathan21's posts. That said, there are also some solid posters who seem far less confident.

Guess time will tell.



Meant to ask, do you ever use stop loss orders? I thought I might as well look into them?

 

[Wysiwyg]

Having to redesign the rig due to the high pressure is pure BS, I never had to do that in my forty years of rig work, as to widening the choke, thats the NORMAL way to flow test a well, this test has gone on to long, if they come up on Monday more testing required, it will be time to jump ship, the smart ones have all ready gone.

1.8 mmcfg/d and 56 bbls/d condensate is ordinary but my experience with Aussie oilers in U.S.A. says they are simply non-profit dollar churners while providing employment for locals and company management.

The Texas pincushion, is there anything left?.

 

[Mrb1g]

Having to redesign the rig due to the high pressure is pure BS, I never had to do that in my forty years of rig work, as to widening the choke, thats the NORMAL way to flow test a well, this test has gone on to long, if they come up on Monday more testing required, it will be time to jump ship, the smart ones have all ready gone.

Hmm. Cheers. Doesn't sound particularly promising.

I guess I'll just have to decide what to do over the weekend.

 

[pilots]

1.8 mmcfg/d and 56 bbls/d condensate is ordinary but my experience with Aussie oilers in U.S.A. says they are simply non-profit dollar churners while providing employment for locals and company management.

The Texas pincushion, is there anything left?.

The rates they quote are the INITIAL flow rates, they mean NOTHING, what you need is the end result, it could be a high PSI, low volume zone, who knows?? we drilled a well in Indonesia that flowed 5Mil a day at 4900PSI, is was NOT COMMERCIAL. I would NEVER trust a company that posts the initial flow rates, only the complete flow rates are the truth.

 

[condog]

Make your own decisions and DYOR

Do not let this negativitiy or my positivity change your decision making process....

But do look for more then negative judgemental opinions....and blindly optimistic .....

Whats the evidence at hand

1. Is Fause point a known producing area? Yes IMO
2. Has the well shown positive signs? Yes IMO
3. Do we know the full results? NO
4. Has the primary oil target even been tested yet? NO
4. a. or are we basing our oil assumptions on the gas target where the oil was an unanticipated bonus, albeit very small one...? Yes
5. Do you have good choke size data on to guage proper flow rates? NO
6. Do you have recovery pressures to know what your dealling with? NO
5. Are people with no knowledge of the actual play making judgements without the knowledge they need to base their decisions on....? Yes


Hmm make your own call...

 

[pilots]

Make your own decisions and DYOR

Do not let this negativitiy or my positivity change your decision making process....

But do look for more then negative judgemental opinions....and blindly optimistic .....

Whats the evidence at hand

1. Is Fause point a known producing area? Yes IMO
2. Has the well shown positive signs? Yes IMO
3. Do we know the full results? NO
4. Has the primary oil target even been tested yet? NO
4. a. or are we basing our oil assumptions on the gas target where the oil was an unanticipated bonus, albeit very small one...? Yes
5. Do you have good choke size data on to guage proper flow rates? NO
6. Do you have recovery pressures to know what your dealling with? NO
5. Are people with no knowledge of the actual play making judgements without the knowledge they need to base their decisions on....? Yes


Hmm make your own call...

Condog, how right you are on number five, people are posting how much this well is bringing in all ready in dollars, when in fact no one knows what the flow rates are. Every one thinks the INITIAL flow rates are the end result, what happens if it is high PIS low volume, read that report again, its telling me a different story to what you are reading from it.

 

[condog]

Make your own decisions and DYOR

Do not let this negativitiy or my positivity change your decision making process....

But do look for more then negative judgemental opinions....and blindly optimistic .....

Whats the evidence at hand

1. Is Fause point a known producing area? Yes IMO
2. Has the well shown positive signs? Yes IMO
3. Do we know the full results? NO
4. Has the primary oil target even been tested yet? NO
4. a. or are we basing our oil assumptions on the gas target where the oil was an unanticipated bonus, albeit very small one...? Yes
5. Do you have good choke size data on to guage proper flow rates? NO
6. Do you have recovery pressures to know what your dealling with? NO
5. Are people with no knowledge of the actual play making judgements without the knowledge they need to base their decisions on....? Yes
Hmm make your own call...

Ide like to add a couple to make my point....
6. Do salt domes have a history of prolific gas and oil prodcution in Louisiana? Yes
7. Is the Fausse point salt dome a prolific producing dome? Yes
8. Is it surrounded by currently active wells that may have depleted its pay zones? No
9. Is there gas and oil evident on this side of the dome, indicating the salt has ruptured through the middle of high quality hydrocarbon formations? Yes
10. Is there nearby infrastructure making a gas connection to sales readily affordable? Yes
11. Are low cost secondary wells able to be drilled into other zones or to ramp up production of current zones? Yes
12. Is there other zones to be tested that may add to the value of any resource already know and tested int he current well? Yes = 4 more
13. Are any of these zones likely to contain gas or oil? Yes = both
14. Was this zone meant to target oil? No
15. Was condensate in this zone a possible bonus? Yes
16. Is the data to date that of a stimulate flow to slaes or unstimulated? Unstimulate
17. Is stimulating the well or placing pumps on it likely to produce better results? Yes


Hopefully now your starting to see a clearer picture....
Theres a lot more positivity and possible upside to this then some are seeing or commenting on

 

[nunthewiser]

18 VIL is a penny stock and players should trade the action not the hype.

19 the market will value it as it sees fit

20 refer to 18 and 19

thankyou

 

[condog]

18 VIL is a penny stock and players should trade the action not the hype.
19 the market will value it as it sees fit

20 refer to 18 and 19

thankyou

Its always a deeply mature and intelectual comment thanks nun for nun...have a good weekend though..

 

[pilots]

Ide like to add a couple to make my point....
6. Do salt domes have a history of prolific gas and oil prodcution in Louisiana? Yes
7. Is the Fausse point salt dome a prolific producing dome? Yes
8. Is it surrounded by currently active wells that may have depleted its pay zones? No
9. Is there gas and oil evident on this side of the dome, indicating the salt has ruptured through the middle of high quality hydrocarbon formations? Yes
10. Is there nearby infrastructure making a gas connection to sales readily affordable? Yes
11. Are low cost secondary wells able to be drilled into other zones or to ramp up production of current zones? Yes
12. Is there other zones to be tested that may add to the value of any resource already know and tested int he current well? Yes = 4 more
13. Are any of these zones likely to contain gas or oil? Yes = both
14. Was this zone meant to target oil? No
15. Was condensate in this zone a possible bonus? Yes
16. Is the data to date that of a stimulate flow to slaes or unstimulated? Unstimulate
17. Is stimulating the well or placing pumps on it likely to produce better results? Yes


Hopefully now your starting to see a clearer picture....
Theres a lot more positivity and possible upside to this then some are seeing or commenting on

Con dog, lets add some more,
18 How many wells around this well, within 10 miles was DUSTERS,??
19 Of all the dusters, how many of the dusters flowed gas, b4 testing??
The answer to No 19 is, all most all of them.

 

[Wysiwyg]

18 VIL is a penny stock and players should trade the action not the hype.

19 the market will value it as it sees fit

20 refer to 18 and 19

thankyou

You got it right there. I used to think it was all about oil/gas production returning the company profit. A profitable business venture. They can't even cover drilling, operating expenses and the pizzly dribbles they turn up doesn't improve the picture one iota.

Oiler stocks multiplying on nothing is common so get on them when the big players start pushing up.

 

[nunthewiser]

Its always a deeply mature and intelectual comment thanks nun for nun...have a good weekend though..

Just stating FACTS darl .. but the difference between my facts and your spiel IS that my facts actually mean something in the market

 

[nunthewiser]

Geez....... LOL i neither care about nor hold VIL ..... i have traded it tho briefly whilst the holders were saying how great it was ......

Heres a lil experiment for you guys ...... scroll through the umpteen penny dreadful stock threads here and place a chart next to each ........ read while they are running and read when people are saying " uh what happened " ........ im sure you will find something in common

Anyways..... as you were .never let the truth get in the way of a great story they say ........hahahahahah

 

[Agentm]

condog

imho your getting a whipping, and will be further whipped by pilots here..

ip's are indication of hydrocarbons being present, ip's are really something heaps of reputable small cap oiler directors hate to put out. they can be frightfully inaccurate, misinterpreted, misconstrued... but you can also have company directors who love them for many reasons, for short term gain for cap raisings,, and if you have a broker or a bunch of brokers paid to make some song and dance over them, then you add further confusion and add a complete open season for daytraders to enter and exit a share and decimate the poor sheep who fall for the tale.

i can see a few dangerously priced small caps out there hanging on massive sp hikes with ip's and then total silence, giving no length of time the ip's were taken over and letting the brokers and the day traders make a meal of the unwary..


dont discount what pilots is saying, he has a good point, i have not checked the region myself for failed wells and not studied the play at all..

imho the reputations of many small cap oiler executives are in tatters.. but with investing there is always a new entrant, a new kid on the block and a steep learning curve to be made in the oilers.. the sheep seem to be come in inexhaustible numbers and the day traders love claiming them..

just step back and look hard and listen to some comment here, you dont have to believe it, but research it a little for instance, and if what pilots says is wrong is wrong then let us know, but imho theres a lot of good sense in whats being said atm..