Member Info for smidsy

17th. August...........1.5 million 19th August............1.0 mill 20th. August ..........1.0 mill

the only reason I am still in here is that I am on Brad's Xmas card list, I have been here so long. Anyway someone has to support them, don't they? :))

I wonder if Brad still thinks it is a 'fantastic problem to have and we look forward to implementing a capital programme in the near future'.

Below is extract taken from last years RNS giving us the Q1 results. It will be interesting to see how much the oil prices has affected Edge and what plans Brad may have made. Last year's results were out on the 1st. September, not long now. Brad Nichol, President and CEO of Edge commented, "We are very pleased to have generated another record-breaking quarter. More revenue, more profit, more reserves and more cash - it couldn't have been better. Our focus now is on implementation of our capital programme, which we expect will be conservative and balanced between acquisitions and drilling on our existing property." Nichol added, "These quarterly results demonstrate that we have set ourselves a very high bar in terms of cash generation, capital payback and return on capital; thus, any new projects we undertake must meet those very high hurdles in order to make our short-list. It's a fantastic problem to have and we look forward to implementing a capital programme in the near future."

OOps sorry guys wrong site posted. http://www.mining.com/canada-owned-oil-sands-mine-in-utah-to-begin-producing-in-fall/

Can Edge be affected by this and the major player in this have neighbouring offices in Calgary. I wonder if Brad is mixed up somehow? A JV perhaps. http://www.mining.com/web/global-oil-supply-more-fragile-than-you-think/

is showing a 100,000 buy today. Someone's confident.

and no sells today on here or on ISDX. Have we turned the corner at last. The RNS is very promising can the momentum gather speed?

Showing a Buy of 42,333 @ 3.75p full ask.

It's not a lot of money but the long term intention is there/ I 'The funding is a planned first step by this Investor Group who has indicated an intention to become a significant new, long-term capital partner through the funding of several potential acquisitions in the coming months.'

http://www.iii.co.uk/stockmarketwire/257669/edge-raises-c05m

Is showing a 50,000 buy @ 3.7p

EDGE is leading the 'Top Risers' board at 12% ( with only two trades, both buys)

Hi Drew, I had forgotton about the Pointer Sisters CD. It's been so long since I played it. I will dig it out and give it a clean. Today's RNS can only bring satisfaction to the share holders here both long and short term. Brad's personal friends, his staff and all those who bought share, at his request, a couple of years ago, must be a little relieved to read to-days RNS although I think they may have had a bit of prior notice as to what is happening.

and a few 'buys' behind us today we should see the SP begin to climb.

Brad has been so quiet. He's managed to pull another rabbit out of the hat. The RNS has to grab the attention of Pi's interested in Edge and in the present market climate have put together a plan to enable Edge to overcome the difficulties and in reality allow Edge to grow.

I like this bit as well Growth Strategy As stated in previous releases, Edge is intent on achieving shareholder value creation through the pursuit of aggressive and focused growth. Management believes this may best be achieved through the merger and acquisition opportunities that are available in a volatile market such as the oil and gas industry is experiencing today. The Company believes that high quality drilling locations currently in inventory are best left in inventory and opportunities to acquire additional production, land and drilling locations are best acquired in market conditions such as today's.

I like this bit The funding is a planned first step by this Investor Group who has indicated an intention to become a significant new, long-term capital partner through the funding of several potential acquisitions in the coming months. After several months of due diligence, the Investor Group selected Edge and its management team to become a platform through which to make significant investments into the Canadian oil and gas industry. The price paid demonstrates the Investor Group's macro and long-term commitment to strengthening Edge's balance sheet and supporting Edge's acquisition strategy in partnership with Edge's other significant shareholders and lenders. Edge's two largest shareholders, one of which is also a significant lender to the Company, are supportive of the Investor Group and its intentions to assist in funding the Company's major growth initiatives.

GOOD NEWS AT LAST> Brad Nichol, Edge's President and CEO commented, "Being able to raise new capital in this very challenging market is an accomplishment that few have been able to demonstrate. We have consistently proven it to be one of our core strengths and it is an absolutely critical competitive advantage in our industry; and one that is currently enjoyed by few. To have a new capital partner commit now, as we embark on an aggressive growth strategy through consolidation of medium and heavy oil assets, signifies a major kick-start to Edge becoming one of Canada's high-growth E&P companies. I am especially excited that the Investor Group, combined with the support of our current lenders and major shareholders, should allow us to expand our existing production and growth profile as acquisition prices approach historical lows. We aim to become one of the largest E&P companies focused on medium and heavy oil, for the sole benefit of our existing and new shareholders, and today's news is a significant step in that direction. :))

We see nothing for months on TSX and then we seem to have an interest.........? But as they say.....one Swallow doesn't make a Summer.