Member Info for Davie46

History repeating itself here. We heard exactly the same about the Bahamas and the only thing that happened was lots of shareholders lost their money.

There is absolutely nothing certain about this licence being productive. As somebody pointed out it was cheap, so why were the proper oil companies not interested.

Fools and their money seem to be easily parted when it comes to this share.

Oops, on the fall again.

Could you please tell us which pension fund and by how much they increased their holding by ( substantial) If not could you direct me to where you got the information from.

Surely nobody would have been so stupid as to invest £500k in this share.

What have you been smoking,

Still one or two idiots that think this company can survive.

Further to my last post the total buys come to £12,858 for the day. That sort of buying will not keep CEG afloat.

This company has no future, doubt it will see out the year. As for all those buys stated by Willec, I don't think they even add up to £30,000 so that's just small beer.

Yes I had seen those sums mentioned but took it with a pinch of salt as they say.

I find it incredible that people would invest ums like £40,000 in an Aims listed company, Aim's listed companies are a high risk investment and that is well know.

Total agree with everything said, however, would add that these mugs as you call them only have themselves to blame for not doing their research.

The well we drilled in the Bahamas came to nothing, it is also a fact that the Russians drilled at a similar spot two years before us and that also came to nothing. As for a farm how much would CEG have to give away as they have no money to put towards a drill maybe 80% or more like 99%. Dream on about making money on this rubbish.

Never will happen, majors were not interested last time round and the prospects have got worse. Also as I said another court case would be very damaging for the prospect of drilling whether CEG or a Major.

Are you for real, it just involves picking up the phone and talking to interested parties, they tried that for years with no success. As for a court case it makes no difference whether it is C EG or a farm in partner they would still end up in court with no guarantee of winning.

I doubt that will ever happen, there is too much opposition and it would end up in another expensive court battle that ceg cant afford.

That should cover the wage bill for 6 months.

Well Well, your back and still with the old ramping phrase, "personally I wouldn't want to be out of CEG ". You have been proved wrong so often I am surprised you have the nerve to be back.

Beware the rampers, some are still around and new ones always join the discussions. If anybody is thinking of buying shares in CEG be very careful as a hell of a lot of investors have lost a hell of a lot of money over the years. The outlook for CEG is very poor and personally I don't think it can be sustained, but for people looking for a fast buck this is definitely not the place to put your hard earned cash. Do not buy on impulse, do your own research, check every thing out before investing.