Member Info for smidsy

I have been out all day and need to study the RNS rather than just glancing at it. Looking at the picture over the past couple of years I consider that Brad knows what has to be done and in the main is doing it. All of the oilies are experiencing financial strain but Brad appears to be well in charge of the situation and has his house in order. Since the 'crash' in oil prices I have been topping up nearly every month and now have a favourable average. My first impression of the RNS is that 'I like it'. I won't be selling in the near future because this situation with OPEC has to change. The Saudi Arabs are getting twitchy and the smaller countries are screaming for help. Something has to give. Like 'GoodCompany says is 1.875 the bottom? it probably is. Edge is sat on a lot of reserves and I don't mean a couple of bucketfulls. It could be Brad may invite take-over bids, one never knows.

Comments anyone

Issued on 27th. November last year.

Hi, belgrano, we have a couple of buys on ISDX today and 120,000 and a tick up on Canada yesterday. It wouldn't surprise me in the least if Brad has a deal sorted out.

500,000 buy today. Someone is confident. No news for months but last quarters report due at any time, it makes you think, doesn, t it?

Thanks for that, I do remember seeing headlines re Elenilto but today's date is on the article. But never mind I will get back to counting the blades of grass in my lawn. Now where was I ......er. ..one, two three,

Check out today's announcement regarding Elenilto. http://www.republicoftogo.com/Toutes-les-rubriques/In-English/Elenilto-won-the-bid-to-develop-the-1.4-billion-phosphate-fertilizers-project-in-Togo

Well done Dancy lets hope we all have a Merry Christmas.

This RNS says it all. Read it, digest it and then consider the implications of this positive RNS. I have every faith with the CEO and although we have named him the 'quiet one' I believe that Brad will pull this off. As Belgrano says 'here is a potential 10 bagger'. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=EDG&ArticleCode=yca8avha&ArticleHeadline=Completion_of_New_Facility__Operational_Update

Ok guys, spill the beans. Why have we a mini buying spree yesterday and already today we have had some buys and a tick up? The quarterly report is due in a couple of weeks and I am trusting that Brad has some good news to tell us. We all know what happens to this share when the Pi's start buying, the SP rockets. Has someone lit the blue touch-paper already?

Oilmagnet perhaps with your knowledge of Kerching and my little business in Lugworms we could try a J/V and do the Farmers Markets. We should make money doing that whilst waiting for the permit. :))

The last trade, today's only 'Sell' has caused the Ask to rise to 3.0p Can anyone explain please?

Please excuse my ignorance but is 'kerching' a dairy product, a type of cheese perhaps .lol :))

It doesn't take much buying to start the ball rolling with this share. Limited number of shares available.

Many thanks oilmagnet. My finger is poised over the 'buy' button.

good morning ferrets. I am under the impression that Ferrex has four projects. 1. Manganese in Togo 2. Iron ore in Gabon 3. Manganese in South Africa 4. Iron ore in South Africa. All The news for the past year has been about the permit to remove Manganese in Togo. Does anyone have any idea what is happening to the other three sites? :)

oilmagnet477. Cheer up mate. We all know you as a funghi on this Board

Look at the last line. I expect to see more details regarding the water pipe-line in the next production RNS. Eye Hill Facility In Eye Hill, the Company has drilled a water disposal well and constructed a 6,000 meter network of natural gas and water gathering pipelines, which transport produced water to a central water disposal facility and natural gas to a sales meter. The Facility will allow the Company to (i) drastically reduce the cost of trucking and disposing of produced water, (ii) produce, capture and sell associated natural gas from the existing and future Eye Hill wells and (iii) fully optimise the producing wells, which have been producing at reduced rates since they were drilled. The completion of the Facility is expected to add at least $1.1 million in cash flow in the first year, which is expected to increase in the future with additional drilling. Altogether, these benefits are expected to see the capital invested in the Facility pay-out in approximately one year, with an estimated five-year IRR of 127% and NPV(10%) of over $11 million, without considering any of the benefits of additional drilling at Eye Hill. More importantly, the economic benefits are independent of the oil price, as they affect operating costs as opposed to the product price.

1 starv Edge trading at book value with 0 premium, and its assets are more than their liabililites, with new capital and good management they are likely to survive. They have been around for many years. With higher oil prices, it should be trading over .10 cents easy. I am in it for the long haul, any price under .08 cents is a bargain IMO.

Edge Resources Inc V.EDE Sector: Energy | Sub-Sector: Oil & Gas E&P Alternate Symbol(s): EDGXF Edge Resources Inc > Edge trading at book value with 0 premium, and its assets New Post « Older Post View All Posts 0 Share0 Tweet3 Share75 image: http://www.stockhouse.com/CMSModules/Avatars/CMSPages/GetAvatar.aspx?maxsidesize=38&avatarguid=42f9d97e-b0c8-43a2-8a35-62dfec5ae64a User avatar AHybridofStreetandStocksmarts image: http://www.stockhouse.com/Stockhouse/images/stars-mask.png 2 stars User Actions September 10, 2015 - 10:13 AM 31 Reads Post# 24092211 Rate this post image: http://www.stockhouse.com/Stockhouse/images/stars-mask.png 1 starv Edge trading at book value with 0 premium, and its assets are more than their liabililites, with new capital and good management they are likely to survive. They have been around for many years. With higher oil prices, it should be trading over .10 cents easy. I am in it for the long haul, any price under .08 cents is a bargain IMO. Read more at http://www.stockhouse.com/companies/bullboard/v.ede/edge-resources-inc#POCkFoewWHxfIHhY.99