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Tssz - That's just pointless speculation...could just be a rich private investor, that's small money for some. Incredibly disappointing price action here since Serenity announcement but i have faith we will move up and be above 30p "soon".
Looking bleak but let's see if 10p holds.
I feel like at $115 Oil (and trending higher) and a drill in the north sea almost certainly happening this year we are as much a bargain at 20p as when i first bought in at 5.9p. I have actually bough 10% more in the last few days at 20-22p even though my first buy was at 5.9p . I just can't imagine why anyone would sell with oil at such outrageously high levels?!
The big boys don't always get it right. Cenovus gave us Alberta for peanuts when Oil was $70+ and looking very strong for a crack towards $100. Shubham Garg ( https://twitter.com/WhiteTundraSG ) said that price made no sense and is why he is invested here.
I’m in shock people are selling here at 22p when oil is $115. Hate to be that guy but I think this is a little tree shake before bigger rise to 30p+ over the coming weeks as long as oil stays 100+ The amount of money we are making in Canada right now and the easy wins available there cannot be ignored!!
Strange reaction so far. We would probably be trading higher today with no serenity announcement which makes no sense. With oil significantly over $100 I think we should be at 30p regardless of serenity. I think we will bounce later so put another 2k in… let’s see ….
Oh wow.. Oil just getting silly now.. Brent currently $109. Peter Schiff has called $140 this year. At these prices the Cenvous acquisition is basically free and paid off in nearly a year from price rise alone. We are currently holding aces, flopped the boat and our opponent is betting into us. Soon we will be 30p+ and the 19-20p sellers will be crying for their shares back.
Glad i got out of this at 85p when TB started selling. Had such high hopes for this at the time but looks like was all BS ?
What happened to Carl “fast and rapid covid test” Smythe ? He genuinely convinced me they had a test to save the world?! They ramped the hell out of it but in end was waste of time?! Was lucky to still make money 22p to 85p.
Tssz - I think your looking at UK oil prices. I see Brent currently at $96ish. It matters because when $100 goes media will give lots of air time and herd will finally start to wake up and realise oil is the play. Exciting times for I3e financially, that monthly dividend is going to be huge. Surprised we are down today I assume it’s only temporary. Anyone who has Patience to hold for 1-3 years should do very well here. I have upped my sell price from 35p to 75p and with monthly dividends am prepared to wait a couple years for it if needs be!!