Member Info for smidsy

http://www.stockhouse.com/companies/bullboard/v.ede/edge-resources-inc?postid=24092211

The biggest mistake I made some years back was not buying Dragon Oil @ 1p each. I knew nothing about share dealing then. (what's that I hear, I still know nothing lol) Today the price is 800p and they are subject to a take over.

oilmagnet. you have put the decimal point in the wrong place. Surely you meant 66.6p

http://nxtwire.com/elenilto-won-the-bid-to-develop-the-1-4-billion-phosphate-fertilizers-project-in-togo

'We are eager to work with our new capital partner to take advantage of this industry downturn.' I wonder what Brad has in store for us? Brad Nichol, President and CEO of Edge, commented, "There is no denying it has been a difficult year for all oil and gas operators, big and small. Within the context of a tumultuous industry dynamic, Edge has acted very conservatively with respect to capital expenditures and cost management, and will continue to do so while commodity prices remain low and/or unstable. Notwithstanding the above, we are eager to work with our new capital partner to take advantage of this industry downturn through what is expected to be a favorable and active acquisition market." Nichol added, "In the midst of falling WTI oil prices, Edge's received heavy oil price has had some reprieve, as the "heavy oil discount" to WTI has dramatically improved during the same period. Additionally, the Canadian dollar has weakened versus the US dollar during this time resulting in a lower oil pricing impact for Canadian producers. Both of these factors have lessened the impact of falling light oil prices on Canadian heavy oil producers."

My guess is that the buying was done by one person. Why split the buys is anyone's guess. But yet we see that the buyer(s) paid more for each buy and the 'ASK ' rose practically each time. We know what happens with this share when the buys start. The SP climbs very swiftly. A little bit of action in Canada today.

lano, are you the famous Banksy that no-one knows the identity of? you seem to have a flair for black and white drawings.

oilmagnet. ................hahahahahahahahahahahaha behave yourself..........

If this is what happens on rumour what is going to happen with the next RNS?

your post at 13.46 seems to have prompted three largish buys and a tick up. Can we have some more of the same please.

The interim figures are published. Check out SEDAR

The moron is incapable of giving us an answer to my questions.

People are paying more than the ASK.

The big question is why does it bother you what happens with these companies if your not invested. Why do you get involved at all? Why don't you give us a sensible answer to my question?

I see that so far in your 'Investing' career you have made 1,463 posts. Would you care to tell us how many of those posts were of a positive nature and how many were of a negative nature?

You dance around other boards shouting doom and gloom and you have not been right once. You come on here shouting doom and in fact it's quite the opposite. You first started at the beginning of the year stating that we would soon be at 0.35. Would you like to tell us your latest forecast or better still how come we are not now at 0.35p

He can't help it. He must think that he is the Knight in shining armour who has saved thousands of Pi's from losing their money with companies that he has decided are a poor investment. He has stated on other Boards that he is saving people money by listening to him and investing elsewhere. I wonder why he just picks on the Companies that he says are losers but never picks Companies that are a sure success. Maybe he will comment as to why we get no winners from him only losers.

Last year's report was issued on Friday 29th August 2014. Would it be too much to expect the next one on Friday 28th. August.?

Do we know or have any idea how long after the issuing of the mining permit will it be before we actually put a machine on site and start digging? AND does the original agreement with the finance people still exist or will it have to be renegotiated?

110,000 buy yesterday and the SP rose by 27.27% to $0.08 (approx £0.04p) The interim figures are due out in the next few days and my guess is that our SP will follow Canada's lead. At the moment the shares are at their lowest but are rising on each transaction. If Brad gives us a respectable RNS then in spite of the global situation I can see us climbing up steadily. Just my opinion of course but as always dyor.