Member Info for guzzler1962

Ask dropped to 0.305, somebody duly obliged and now ask over 0.32. Has the bottom been hit?

Lefty, today isn't the day to put the boot in. All meant with greatest of goodwill.

So the HRZ was the icing not the cake? That's OK then. 400K acres full of icing?

It's all very well for Neil22 to come on here putting the boot in.
Some would say it's well deserved, but regardless it helps nobody.
I hope the message I tried to convey over the weekend sinks in, we should be helping each other.
Neils comment doesn't help, neither does the comment regarding the icewine project being suspended should be viewed as a positive.
I hope Neil took heed of my tip about a placing coming at ADL a few months back, he might be a nob, but I still don't want him to lose money.

I've made no secret that for me, this was all about the HRZ. I know it sounds stupid, but I have been uncomfortable with the focus on the conventional resources. Probably difficult to explain. Obviously it's good business, a back up plan if the shale wasn't viable. I hoped the back up plan was just that, the icing for the cake, rather than a safety net. The primary target was the HRZ, the emphasis has shifted. GLA

Quite possibly he is the only poster to take any heed of.

Today is a sad day.

The forum will become a battle ground between half glass full versus half glass empty investors. That's the polite terminology.

Hope those in higher can take advantage, short term traders will be all over this now.

Good luck all, the lesson learned? Don't ignore the red flags.

AIMO.

99treble, very much appreciated. Neither my wife nor step daughter were raised in the faith, but fully understand the significance of lighting candles. Thank you so much.

Cheers lads. 99treble always good to have some help from the big man above. Bit lapsed myself but more than happy to have Him in my corner.

Genty thanks, just want peeps to make money out of this without all the drama.

She's home now Brom, had a 4 week hospital stay that was only scheduled for a week. Reaction to treatment (side effects) classed as a category 4. The worst Cardiff have seen in over a year, Swansea haven't had above category 2 in 13 years.
Results however are positive, now just a matter of rest and recovery, fatigue is an on going problem.
Many thanks.

Brom, I trust a few I've met ;)

Quite right Brom, there are so few shares in issue it would have been impossible to sell anything :))))
As for your opinion making a massive difference, like it or not you are a well regarded poster.
People will look to your opinion and they will pick up on it.
I've no idea if your opinion was strong buy when you were selling at 2.5p but I know you had no opinion this week before switching back to strong buy.
Above below and between.
Good luck.

mikemike, I agree not many have understood the 50/50.
In fact I bet the majority of us thought the chance of success was much higher, even nailed on.
It's a test drill, a stepping stone as you put it for the bigger picture.
We all know that they are gaining knowledge which will be used further up the line.
The market however has reacted negatively and holders could, should have taken advantage.
And this forum could have helped.
The fights aren't helping anyone.
Good luck

Sageman I'm not looking for an argument. I knew the old adage would be rolled out by somebody, you've only lost when you sold. The same can be said for profit. Means nothing on paper but does give you a feel good factor. People could have protected their investment, could have increased their holding without any outlay. Instead people resorted to a bun fight and have missed out. Its a shame.

In other words, somebody who paid £4400 for a million shares had the opportunity to sell that million shares for £28000 at the beginning of the month.
In my opinion there were red flags.
I don't want to see people lose money.
Dave Wall doesn't want people to lose money.
But when people are urging caution, because they think it's the correct thing to do, and are met with abuse, then things get ugly here.
Both sides are to blame but one side should know better.

Here's a hypothetical scenario. (Or is it)?
At the beginning of the month, with the anticipation of the well opening on the 11th the share price was just under 3p, and some expected it to rise higher.
Let's use 2.8p as the bid.
A shareholding of 2.5M was worth £70K. 5M was £140K.
The price started to slip, and the updates accelerated the decline.
On Friday, that 2.5M holding was worth £31.5K using a bid of 1.26p.
5M worth £63K.
In less than a month holders have seen literally thousands disappear off the value of their shares.
But what do I hear? Weak holders, panic sellers, unresearched and many other derogatory remarks, especially towards those that air a concern.
A 5M holder has seen £77K wiped off in less than a month.
This is big money, especially if those holder were only paying £6K for a million.
I despair at these losses. I despair at the games that are played here and I despair that posters here that should know better have ignored the signs and refuse to acknowledge the SP was going the wrong way.
I hope this is the bottom. A good point has been made it is now at a level of shut in (after the over sold drop).
It now may be a strong buy, I note that sentiment changed from no opinion yesterday.
But if the next update has little or no improvement on 24.4%, what will the market reaction be?
I'm pretty sure what it will be if 30% or more is announced.
Long and strong may well come good in the long run, but in the meantime there is money to be made.
The forum should be helping each other, all that has happened this month is name calling, bickering and folk sitting on their hands (apparently) watching their holding devalue by thousands.
It shouldn't be like this.
GLA

Quite right, but unfortunately the vast majority are unable to converse like adults.
Prior to the well reopening ASX started to slip.
I pointed it out and was met with the usual aggressive response from our LTH desperate for his 4p derisk .
Then there was a big delayed trade, everyone high fiving each other that it was a buy.
I questioned if it was a sell.
Met with the same aggression, couldn't possibly be a sell, the well is about to reopen!
Anyone still think it was a buy??
Why is it taboo to discuss things that may point to this not going to plan?
Aren't we supposed to help each other?
Or should we adopt the policy of say nothing, sell and buy later which has been touted twice recently by another LTH?
This used to be a good forum, constructive with decent banter.
But that was in the days when we believed in the 100/200 bagger, shale will flow like conventional, alpha and bravo were the icing and we were promised our houses paid for this year.
As for the abuse and the threats, never post something you're not prepared to say to someone's face, and threatening violence over the internet is definitely not cool.
GLA

OSH paid for a proven resource I believe?
We can see the potential, it is a benchmark to what could happen if the resource is proven.

It has now been confirmed. You have two choices on this forum if you see a negative. 1. Keep your council and disappear 2. Ramp it anyway. At least the cards are now laid out on how to play your investment strategy. Above below between etc.

What was the reasons Robin Hood gave for his U turn?