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VIL - Verus Investments

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The trading halt bodes well for the announcement to follow considering what they have found to date, would be nice to see a bit more gas added to it or wireline logs with oil column lengths.
 
Trading halt announced pending an announcement from VIL involving T.G.R. Land Company and the Fausse Point Project.

I was just about to pull the trigger on a BUY, as well.
 
Great stuff trading halt.....possibly 2 full days

In my opinion - and its only an opinion so DYOR....this meaqns they have results either worht casing or worth electronic data testing that they want to release to the market and are not allowed to do so without data analysis to back up what they are saying.....

In my experience these halts generally come back with more potiive news....as if they where un happy with the hole and going to plug and abandon ready for a second hole they would have just announced. it.....

If it was just reliance on a meeting they only would have had a short halt....

IMO they are waiting on data, then a decision, and thats an extremely positive news in my opinion....as it possibly indicates that commercial viability is being tested / decided / or announced...

Putty et al, grab your popcorn, tie yourself to the chair and enjoy the ride while it lasts on Wed morning or sooner.... Ithis is only garbage talk, but I hope a helmet and oxygen bottle is an essential peice of equipment.......just need to go to the old age home and borrow some O2 hopefully:D:confused::D:confused::D
 
condog said:
Great stuff trading halt.....possibly 2 full days

In my opinion - and its only an opinion so DYOR....this meaqns they have results either worht casing or worth electronic data testing that they want to release to the market and are not allowed to do so without data analysis to back up what they are saying.....

In my experience these halts generally come back with more potiive news....as if they where un happy with the hole and going to plug and abandon ready for a second hole they would have just announced. it.....

If it was just reliance on a meeting they only would have had a short halt....

IMO they are waiting on data, then a decision, and thats an extremely positive news in my opinion....as it possibly indicates that commercial viability is being tested / decided / or announced...

Putty et al, grab your popcorn, tie yourself to the chair and enjoy the ride while it lasts on Wed morning or sooner.... Ithis is only garbage talk, but I hope a helmet and oxygen bottle is an essential peice of equipment.......just need to go to the old age home and borrow some O2 hopefully:D:confused::D:confused::D
Click to expand...


I think it is all good, just a matter of waiting now, they have announced 3 finds, 1 of which was 75 metres with gas spikes through it, I have little doubt now that the gas is commercial, the oil in commercial volumes would be a bonus and the length of the columns from wireline data would go a long way to further proving that, up until now they have announced oil is there but without any backing up what so ever, flow rates will come later and give better over all assessment of course. Lets hope the SP does the right thing, good luck to all holders. :D
 
Another interesting hypothetical scenario for your consideration, while we wait in bordom, chewing nails and wondering:

On friday morning ESDT they estimated 1-2days drilling... that means by sat arvo ESDT they stopped drilling... these guys are on shifts and would have worked sun on this ...

Pressure testing gas only takes a few hours...the data logs take 24 hours or less.... hmm but what takes 3 full days, could it be oil flow rates ???????? or is it just wire logging...... poking around those hopefully massive cavities...

Lets hope so, its a big hypothetical, but one wonders why two full days plus sunday was needed..... it would seem something more then gas pressures and cavern sizes....... anyhows all will certainly be revealed before the thing starts trading again on Wed....

Got into another stock big time today that has probably more upside then this one once this probable ????? find is priced in.....
 
Hi Condog,


Would you mind disclosing what stock it is that you got into today?



Regards,



..................
 
sjx said:
Hi Condog,


Would you mind disclosing what stock it is that you got into today?



Regards,



..................
Click to expand...

I will pm you as i want to get more holdings before the masses find it and would like to use some VIL money to raise the stakes in a few days.......
 
Everything all feels very secretive now :cautious:

Given the buyers stacking up and a trading halt until the announcement I'll most likely pass on VIL. Unfortunately I needed the weekend to review this stock which has resulted in me missing the boat. I've put the money into MSB instead... something I should've done ages ago!
 
Tommo_Aus said:
Everything all feels very secretive now :cautious:

Given the buyers stacking up and a trading halt until the announcement I'll most likely pass on VIL. Unfortunately I needed the weekend to review this stock which has resulted in me missing the boat. I've put the money into MSB instead... something I should've done ages ago!
Click to expand...

Na tommo no secrets....just need to get more today then will PM you...

Sorry you missed the boat on VIL, but there are lots of others out there just like it with current highly likely and imminenet drilling results on copper, gold, oil, gas....in a day or 2 when VIL does its thing, i suggest we start a gneral chat thread on where to go next....and others we are in...

It may be worth placing a buy on it anyway as strange things happen when halts lift....you never know...but thats assuming all positive...so DYOR...

PM a few of they guys in here they are into some good other stuff.. and cant hijack this thread with them too much....All the best

On VIL theres a small chance halt may lift today so keep your eye on it....
 
I'll still be keeping en eye on VIL but the odds are I'll give it a miss, but for those who hold the market depth sure looks interesting! Good luck for the week.
 
VIL about to retrade - great news

A great announcment hidden in a heap of legal mumbo jumbo
One has to immediately ask one self

If its not what they where after why have they immediately purchased an adjoining 80 acres....


LMAO at these idiots currently selling for nips

keep watching as the idiot sellers dry up and the ones who just purchased begin to absorb the announcment and hold tight....
 
The Board of Verus Investments Ltd (“Verus”) is delighted to announce that recent drilling of the
TGR Land Co. Inc #1 Well at the Fausse Point oil and gas project in Louisiana has intersected the
primary targeted deep gas play with very strong oil and gas indications.

• Fausse Point Well intersects over 300 feet of formation and reaches Target Depth.
• Joint Venture secures an additional 80 acres of adjacent land.

Highlights:
• The #1 Well has now been drilled to its final depth of 8,475 ft.
• Drilling has encountered over 300 feet of quality hydrocarbon bearing formation.
• Mudlogging shows good quality sandstone with hydrocarbon fluorescence and up to 2%
oil in drill cuttings and mud.
• Electric line logging has identified hydrocarbon occurrences throughout high permeability
and porosity sands.
• An additional 80 acres of adjacent land has been secured.
• Casing of the entire well completed in preparation for an extensive testing campaign.
• 3 exciting zones of interest in #1 Well to be tested.
Click to expand...

And yet they are still selling, good more buying ops, just got to work out what to offload... whats your thoughts
 
Currently watching closely, looking for the SP to stabilise then I'll jump in. I might be able to get some for 4.4c!
 
Tommo_Aus said:
Currently watching closely, looking for the SP to stabilise then I'll jump in. I might be able to get some for 4.4c!
Click to expand...

Yes you might Tommo, a lot of vermin still in there playing around and a nothing announcement really, just confirming what we knew already, 4 weeks until flow testing is completed but wireline data should be able to give column lengths before that.
 
I'm currently first in line for 4.5c. Order is for 200,000 shares with 47,000 filled, SP is fluctuating between 4.5 & 4.7 and its desperately trying to push up but keeps getting knocked down by large sellers dropping a bucketfull. Good for me :p
 
Well I'm a happy camper now, my order @ 4.5c has been filled :)

I was starting to get slightly edgy and almost completed the rest @ 4.6c, looks like the 4.5c shares have almost dried up. I'd budgeted for 4.6c when I was planning on buying in on Monday.
 
skyQuake said:
Gap filled and now bouncing, good lucking with 4.5c
Bit of selling into 4.6 but its getting absorbed.
Click to expand...

Think you need to throw a bag of ratsack through this share Skyquake, GGP doing the same lol, no bad news at all but SP being sandbagged.
 
Haha. Can't believe the SP is down to 4.2. Oh well, might as well take advantage of it and take up a few more shares.
 
Putty7 said:
Think you need to throw a bag of ratsack through this share Skyquake, GGP doing the same lol, no bad news at all but SP being sandbagged.
Click to expand...

Totally agree Putty, however all the more chance for me to fill up my holdings with some savings :p: so it is all good by me :)

Good luck all in either GGP of VIL

Disc : i have holdings in both these companies
 

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