Member Info for Ecuagold

Try to spin it as much as possible, but in short, they did a runner. Who the hell would leave if their was definitely an ocean of oil to sell. More drills, more cash is needed to find out.

Going to be a good year.

Ddraig, get real. Nothing happening here until the next cash raise in early winter. The usual cycle. The SP will slowly decrease, but to lows as last year, I doubt it. Hibernation time, and awaken in the cold months and trade the hell out of this roulette company yet again. What a thoroughly good way to make money.

With you jidster. Will be pretty wild next year. Wonder if fomo will kick in earlier? Best to wait for the next fund raise..... always a nice discount for everyone.

Good work, Brom.

I liked Gilbert's bit mentioning future cash raises to fund winter programs. Class guy. Under 1p this month.

The real oil companies that actually drilled successfully and found oil to sell, would not have cared about extra costs. In fact, hardly an issue. But if you're a tiny company where pennies are tight, that's a totally different story..... and on to the next cycle and cash raise.

Will climb over 60p today.

Not really. The next drilling season will bring massive interest. Should be quite something.

Sp has been fairly robust, and that has surprised me. I still think it will drop under 1p. However, I am a buyer at the next cash raise price. Then the usual cycle can begin.

Pretty much on pause until the winter. Then a capital raise, fully funded, and do it all again. Good money to be made, but not until after Xmas.

JP Morgan gave a rating of 45p. Kinda subdued things a bit. But if poo continues to climb, the shackles on the SP should release a little.

Jidster, wait until the cash raise.

It's possible they have found lots of oil. The drill next year will be massive. When to take positions, do I trade etc.

At present I do not own one share in this company. Made good money during the hiype and have dabbled a few times since. Now awaiting the inevitable slide under 1p. Will definitely buy after the next cash raise. Hope that clarifys things. Do not like my opinion? Fine by me. Maybe show a stronger back and debate. What are you scared of. Realism methinks.

Ddraig talks a load of nonsense. What assets does this company have? They do not own any land, just leases for a variable number of years. Assets? Maybe nice office furniture, pens....

Although I disagree with alot that is written I never wish ill fortune on anyone. Making good money is the name of the game.

Flirting with 21p. Oil price holds or goes higher, this will follow. Really is a sleeping giant.

Keefy, have you forgotten the drill malfunctioned leaving results far from complete. To get the full picture, another drilling campaign is necessary. Not one company would buy what is not known for a decent price.

Thank you. You can have half the garden for a couple million pounds not dollars. Wall had a look, and said it was promising, allegedly..