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888888...i think you will find I have been around a long time and I am not new to the bill board. ALSO. I am fortunate enough not to live in a bed sit... I am down tonight by more than a considerable foo*in family car so please don't preach your garbage about me or any other realistic person on here. I have always been optimistic but reality says tonight we are humped.... So give me peace to enjoy my whiskey no offence... All in my humble opinion
The price is low and delays are not good but even with a discovery the product is not required as there is already a glut of oil. Production will not start.. So its sit in and take the hit or bail while you have something... I am hoping now for survival. I wish everyone one well and hope that there will be some relief at some point GL.
at the start of September 3 or 4 times I wrote posts regarding Cash raise would be imminent. The price then was. 0,95. Did I sell? NO I did not even though my alarm bells were ringing. WHY NOT!!!! I hear any one with half a brain shouting. Well thee reason is blind stupidity and Fear of missing out. I have followed the research and done my own and still find myself on the wrong side many times. Anyway there are some people getting very wealthy the way this stock is being played and for sure somebody will be coming out of this with a wheelbarrow of cash. Probably not me now but it's been some journey to be on... See ya all in Q1 2020
bits I totally agree. That's why there are trading opportunities both ways Get the timing right and if you are willing to risk your hard earned there will be chances to gain....or loose.. Share price is where it's at because DW only sold the Drill and did not get cash up front in the bag..again only my opinion.
Are you in the red? Well ( excuse the pun)
just wait this share is a make or break It has potential for big upside or complete down side. simply put a gamble. Yes DW gets a large salary but it's his game and we chose to play. IMO another cash raise is required ( hence low share price) Come drill time Speculative rise....Success? Up we go...failure? Down we go. sooooo opportunity knocks either way Just wait n see GLA
well disappointed is all I can say. transformational deal is not what has happened and once again the so called derampers have been proved to be right. It is time that Dave gave us all a proper update on where we are with the HRZ and the strategy for moving forward. . I am pretty sure another cash raise will be dumped on us before February as 23 million for 60 percent share in the potential oil reservoirs is not money in our account it is only for covering the drill...We need real news now in my opinion only
It seems to me this deal is for a predrilled area on the Western side of the play more a proving exercise than exploration so two questions
1) Why did BP not test and produce it.
2) Is this test directly related to Ice wine 1 which appears on the eastern side?
I understood that the FO was all about Icewine ( and yes I do see the 50% option which seems cheap to me) only my opinion but please help my understanding