Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Obscene ramping. But all fun I guess. There is a lot of oil, but need to try get it out the ground, we could do with some more balance here, which will come once the dust settles, and as always, have to have eyes in the back of your head with Art. Those that have been here long enough know this, so a word of caution for any newbies not familiar with the past 5 years or so like some of us.
100% Iron, always going to happen, needs to consolidate, we jumped from 20p, to 26p plus, then to 30p, so a few gaps to fill, but will bode well for further leg ups :). Over the next few weeks is where the big rise comes, not today, we have people now interested in COPL, whether it is traders, investors etc, a million miles further on than a number of weeks ago! Today's news underpins us even more, that is all I am worried about, roll on the end of Q1.
Steadying out around 30p mark, not a bad thing to consolidate after that jump on the bell, lets hope it stays here and builds further with no 'mind the gaps' behind. Some excellent news and it is good that Art has compared it to his Oilexco days, when he was a legend, lets hope he gets back in beast mode with COPL!
Geez, folks need to switch off and stop worrying every second of the day, there are no knights in shining armour, if LB/Iron you hate this that much, pack up and go, not saving any poor soul here with what you are saying, you sound more ****ed you are balls deep and played it wrong holding on. I have not minded your ramblings for past few months, but even wearing thin on me, little too late as almost everyone will be down based on the share price. Just go spend time with family, friends, work colleagues, have some beers, food and just leave this be all out of our control, maybe next year we get some luck or it goes bust, we all should only invest what we can afford to lose, some £100 quid, some £100k, the rest in between. Anyway slaters all!
I have to admit, that video on Wyoming under the 'about us' section is very informative and a good update to the website has taken place. It really gives you a flavour for the small infrastructure in these fields, with minimal equipment to maintain which is a large bonus going forward and should mean low downtime due to failures in my opinion, grease a few valves, oil some nodding donkeys, we are laughing.
All Arts consolidation has done is reset the clock for placing after place, increasing share base, diluting the price so never goes up- This was called by various at the time and now it is coming to fruition, this is no doubt only the start of it.
LB, as much as I do sit at times and say WTF, has said nothing today that is out of line, people filtering as does not give same opinion is bad crack, all have our views, good, bad or indifferent.
Would be nice if concentrated on sorting Atomic **** show out rather than trying to grow and take another **** show to be honest, but hopefully will work out best in the long run, just wish we could have done this at a lot higher price as it will only go down!
So, there has not been too much chat and one or two comments about lets hope it is successful. from what I gather not too many of us oilies in here, do we have an drillers that can help with the reasoning behind the cementing being unsuccessful? Other than if it is not setting at the perfs the only place it can be going is the reservoir, which is not good for us, any other thoughts? If it carries on I would imagine it may be an abandon job. which is last thing anyone wants, as will not be able to get to the lower sections. Rather than a 0.25p price update be nice to see some discussion around tech issues if we have any residence expertise.
I can assure you, the fact they are on 3rd time for trying to seal the perfs, this is not great. More immediate concern is why would this be coming from the 'horses mouth' to a random individual, there lies one of the main issues with this company and the resulting price of 22p reflects this.. Art and team need to buck up and stop giving crappy snippets of info out on a whim and communicate through correct channels at correct time.