RE: Bonkers chart on ECHO26 Sep 2018 15:43
i have been reading it all with amusement. all genuine holders know this is going north from here. i want to get in too at 8p but you had your chance last year when it dropped to about 8.6p those days are gone. this drop has been a game . nothing has changed since we were at 19p at start of July, yes disappointing on a few wells but it is the bigger picture, Echo targeted 4 different wells to prove or not prove gas so as to know how to continue. Fraccion D has commercial gas awaiting pipeline and enough oil to keep us busy and to help fund the drill bit. now they know only the east needs pipeline so it was important to drill the last well on the west to know if that had gas too, it didn't but no big problem. I think Fraccion C has HUGE potential (yes still potential because we can't drill 10 wells every month) , it takes time. we are all impatient, we want to see the rise now but once drilled and proved up this share will fly. you sad derampers have not obviously studied the company. ELM has commercial gas ready to frack and connect. not massive but probably worth a nice 20 million or so. Los Joaqines (close to ELM must obviously be a realistic target now for a drill to find more gas) we have oil play in Tapi Aike ready to drill soon I hope. EMS is massive if it tests positively. if it doesn't them Sclumberger staff all need firing. I don't believe for a second that we have found a massive amount of oil and we can't get it out, that just doesn't make sense to me, we will get it out somehow. i am as angry as most genuine holders at this sp but I prefer that the team do things correctly for EMS and deliver that stonking RNS that we will have been waiting for. then watch the fireworks.... then oil find on TA then our first drill on TA hits gas. HELLO 1 pound plus, goodbye 8p. don't forget if we can get selling that beautiful oil from EMS then TA will be self funding with all our income. mid cap here we come....