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I have never sold one 88e stock. - yes i am a fool. All those *paper hands* sat on profits now have undoubtedly played it better than me. I don't post, as I have nothing to offer, I'm a simpleton greedy bugger - is that where the term Ape comes from haha?
I've technically got some paper gains sat around 10x, I did buy some in July but I'm suffering from FOMO and hype - I am not selling. I have been trying to tell the Americans that I've been waiting a long time for 50 cents equivalent haha, and they shouldn't expect it anytime soon. I hope we can all do well, get rid of the hype posts and continue a civilized discourse.
There's as much potential profit in this being a duster, topping up and doing it all again at Harrier? We've got a bit of cash in the bank, and the company isn't afraid to issue new shares - I don't see this as make or break.
Redditors were targeting US $.5 as far as I have seen... pipedream.
I agree that sentiment isn't there anymore.
God I feel like it's 2017 all over again.
Maybe I'll top up in Summer and see you's for the next drill.
I was distracted when it spiked to 4.5p shoulda woulda coulda.
I got a quote from my broker at 4.20 lol - I'm going to frame that
Brom Phrontist Jiddy all you guys need a shout out - the reality check we all need.. haven't seen jiddy in a while
XCD takeover seems to have come out of nowhere, and does feel rash
Au contraire, for all the long term holders the notion of getting busy in low market cycles is something that makes sense. Might even call it leadership? If it's a way down the road then so be it, but I like the sound of the acreage strategy. I wish we could concentrate more on finding the thing to monetise, rather than talking about farm out potential.
At the end of the day though, he's running a company that is essentially a middleman - and you have to watch the silver tongues on those.
Idk if your current holdings will every see black, but my bet is a buy at this price would yield a decent result.
Again don't like posting much, I'm no pro in this field.
Our offer is this:
• 1.67 88 Energy shares for every 1 XCD Energy share held: and
• 0.5 of an 88 Energy share for every 1 XCD Energy quoted option held (Offer).
doesn't 0.5 for an option vs 1.67 vs for shares held seems like a dismal future for XCD? (I appreciate the immediate climate is poor) - that to me clearly justifies people's view that it is an expensive buy.
as there is no one else bidding for XCD (to my knowledge) - it suggests to me as others have said that it is a case of aligning ourselves - with the end result in the SP exploding and us all getting rich.
I got on this train 23rd of June 2016 at 1.6p I cashed my profits at 3.6 and I've left the change - I saw someone else rant about how research can't get you anywhere with this stock. It's true! It's a gamble, not an investment and these are volatile times. I'm happy to hold and hope (triple H?) that something will pan out of this, but right now there's nothing to do but sit on our asses and wait for something coherent from above... IF this isn't DW lining himself, which some have suggested... after all how the hell am I to know??
My bet is a buy now will definitely yield some positive results - there will be hype again. Whether your current holdings with ever see black is beyond me..
DYOR? at least at the races one of the horses wins...
HRZ - coming this summer. What is coming exactly? I don't know probably more data.
The main reason to consider this stock IMO. I've been holding since the Brexit vote day around 1.6p
Been watching dreamers on here for years, we're almost always only one week/one update/ one things away from being gazilionaires
But the data will mean they can make a new well and do a better job. that well'l bring some data, so they can?
drill a new well.
Do some averaging - I've had lots of success short term trading rather than 'riding the waves of the rns' or whatever some of these posters claim to do.
That’s not what I said yoghurt.
I made it clear I’m inexperienced and a sheep amongst wolves.
The obvious is a good deal will be good for all of us that’s all I meant. And when you follow this chat and all the “4p by friday” posts and “onwards and upwards from there” it seems that some are in the same boat as me. I’ve seen that 1000 times on here.
Since I don’t have much of a strategy except sell if it gets to x point I’m wondering how people view the farm out. And to see it as pivotal instead of make or break (like chat sentiment suggests at times) is the kind of perspective I’m interested in.
I’ve rarely left the ftse 250 for my trading - the only thing I felt certain of was that the idea of brexit was always going to destabilise the trading platform. I’d been following this chat for a bit longer than the 3 years but it was the political landscape that turned me to this.
Let’s not get snidey - I’m trying to be as humble as I can. I’ve never posted anything simply because I’ve got nothing to offer. I’m just trying to take stock of where we are. And yes being inexperienced it means speaking to the experienced.
An
Bromb your insights have such a calming effect on me. I think you’re a really grounded poster. I’ll stop with the praise, but it’s worth mentioning probably on behalf of so many others as well as me, that your thoughts are greatly appreciated. I thank you for taking the time that you do.
Phrontist
Hi been reading your posts for a few years as well some very respectable views. Definitely not attacking you when I say...
Does this essentially mean our eggs are in one basket. The chat is focused predominantly on the FO deal, where WinX ice wine conventional unconventional were all previous topics.
I ask that ignoring the Yukon component, appreciate Bromb’s quotes on the future monetisation but that seems to be on the back burner currently/no publicly known plan to execute.
Not asking for the answers I’m trying to get the current sentiment.. really appreciate people’s time taken to reply. I’ve been sat on this for 3 years chomping at the bit.
Last 3 months has felt like it’s all about this farm out and as you say the previous ventures have flopped.
I’ve truly got no idea how to value this company, whilst your post seems to be simplistic in its valuation it doesn’t ring untrue to me. But it with chat as a whole I think this farm out is the all or nothing in terms of the high reward part of the risk.
Again feel like I’m deramping not my intention.
My opinion is just stating the obvious - a good farm out would help the momentum and a bad one might kill off what momentum there is.
Oh dear! Haha..
Some people on here talk in riddles to me. Oil jargon isn’t my thing. Not that people should have to explain themselves but it takes me back to school days. Translating Shakespeare to understand the same bloody language!
Thanks for the comprehensive responses. I’m sure there’s a few eyes rolling reading my posts..
I feel the same regarding share price. Personally would be over the moon with 5/6p let alone double digits. I bought in on the brexit vote announcement 1.6p it was around then. And as soon as we got to 3.2p I pulled my initial (hate the word investment) so I’ll go with punt haha. The icewine momentum really had me dreaming back then.
I’ve got all the patience in the world for this, reading about DW and so many unique advantages this company has regarding location, support from Alaskan govt and the experience on the company board. Losing Paul seems like a blow however!
And as I was saying before, cap raising at different stages is understandably the way to proceed. But I struggle to believe a deal will multiply the sp in the way some people describe.
Bridgedog - I’m sorry that people are so petty as to report your opinion. Most of us have a common reason to be here, it’s really infuriating that people want to shut down opinions - it makes me nervous to share my own and explore other people’s. - god I sound like a lefty.
I wish success to all in this venture, I might not have the experience of most of you guys. But I feel pick a target, when it hits make your move.
After selling at 3p I felt like a fool seeing it hit 4p. But look where we are now, hindsight is a mother.
I’d love to be wrong.. after all if 50p really is the goal goodbye mortgage! But for me make a bit keep a bit and hopefully one day we will be discussing royalties.
I’m a novice so don’t have any solid argument..
The company has obviously been spending and not collecting. I understand with Yukon there’s monetisation in the pipeline but the company is capital raising through new shares quite regularly. Again I’ve no experience in this field - I went high risk after brexit with 88. But it feels like as the project comes together there’s already been lots of dilution and I’ve no idea what the future holds for further issuing of shares.
I guess what I’m saying is will a farm out deal absolve these costs and put the company in a profitable position - some seem to think so expecting 30/50p
If I’m just getting in the way with these posts I’ll happily go back to the sidelines!
Hi guys, been following this from the UK for around 3 years now. Some really good posters and regular names helps to decipher the realistic from the rest.
Shout out to bromb jiddy and Mike they’re always seeming to cut the **** out. Anyway I’m excited like most on here - but my main concern is that the share price will be so diluted by the time we get to turn a profit.. I’m early 20s so don’t have the capital that I here some of you trade at. But realistically there’s got to be a further increase in shares issued hasn’t there? And with that in mind targeting 30/50p seems.. not unachievable but hard to aim for when there’s got to be further dilution?
I’m brand new to posting - don’t want to come across as a ram-per or troll!