Member Info for Phoebus

I've also been very positive on this stock as you would know if you'd read my other posts, but 5 BCF? That would be a huge disappointment even for BOIL.

And I've posted plenty of meat on the bone here before if you check the past few months.

5 BCF / 6 = 830,000 barrels of oil equivalent on a 100% basis. More BOE at my local Texaco.

Oh, so now you're playing the man not the ball. Another red flag.

Sorry, but to suggest 5 BCF is anything but catastrophically small is totally deluded and if you think otherwise you should stick to a different sector.

Research done thanks. 5 BCF is sweet FA, less than 1 million barrels gross. A pathetic amount.

If it's 5 BCF it will drop like a stone. Needs to be much bigger than that.

Thanks Mav. I was wondering that myself. Given the very strong fundemental support here, I really don't expect much more downside. Patience definitely looks a virtue in this particular instance.

perhaps the market has just dipped the SP to close 'the gap' at 22.75p. LOL. A sideways consolidation in a rising bullish triangle as we head towards seismic results a few weeks away.

25% below the premium placement price? That's totally ridiculous. Everyone that's bought since the placement RNS, and at a disount I might add, is now sitting at a loss. This has to be one of the daftest SP reactions I've seen in a long time. This should have reacted more like SOLG IMO. Major seismic RNS about a month away with Total farm out to follow and industry drilling campaigns set to kick off across Namibia. SP over 70% backed by cash (assuming Total farm in) with a monster licence in Guyana gearing up for a muti-well campaign and and some excellent potential in Namibia. I'm speechless.

In essense I agree, but no drilling for maybe 12-18 months and oil stocks getting hammered. Could be something about to happen, but more likely just a head fake as a few buyers are sucked into the lobster pot yet again.

Quite right H&N. Gil holds over 3% of the company according to website. Definitely a case of hold for gold. http://www.ecooilandgas.com/investors/key-shareholders/

I expect 3D results will be out before January based on CEO interview comments and wordings of RNS statements. Should be a nice early Xmas present.

at multi-year high of CAD 0.44c or 26p albeit on low volume.

ONGC is a �18B market cap Indian Major. Impressive.

TLW has farmed out 15% to ONGC Videsh. This bodes extremely well for drilling in 2018. Very unlikely someone would farm in at this late stage if drilling was not going ahead. 'Obviously this deal bears the potential to expedite the first exploration well on Cooper Block, as all the partners are now lined up and the financial burdens are spread.'

I expect to see several 100% before we spud the first Guyana well.

Itsyou, thanks. That's good news. Slipped under my radar. If results for TLW and/or CHAR are good then we can expect another farm out and maybe 2 wells in Namibia next year plus 3 or 4 in Guyana, and all fully funded. Excellent.

Also, nothing wrong with being bullish and being right. I've been extremely negative and scathing on a range of stocks too and with well reasoned fundamental arguments. I don't expect there's a Hall of Saints Board I feature on for my selfless work. ;)

I've never seen that site before. You're in at 51. I see I'm 89. LOL. Very entertaining. No doubt there are some major rampers on the list, but there's a big difference between using well reasoned arguments to justify an increase in SP and just talking cobblers to pump it up. There is also a difference between commenting on the fundamentals of a stocks valuation and taking a view on how sentiment may drive the SP. Even the fanciest NLP algorithm wouldn't be able to distinguish accurately and this is very simplistic. It's certainly amusing though, if a little sinister. That said, I can see one or two on that list I would suggest are fond of ramping or spouting nonsense and have been put on my filter list.