Member Info for smidsy

Four buys so far showing on ISDX Canada up 10% yesterday.

There has been eighteen buys today and one sell and the SP has not budged. This is not normal for this share. It usually climbs with very little buying. Have any of you guys got any idea what is going on? Why is ISDX being used so often? This is not the usual pattern.

Q2 Financial Report ending September is due soon. This time last year results were posted on 18th. November. So will we get the report by next week-end? We wait in anticipation.

I have just topped up with 10K @ 7.0p Couldn't resist. Spoken to my Solicitor and told him to get the divorce papers ready. I have been warned what will happen if I buy any more shares. Better start to look for a cheap bedsit. Lol My buy not showing yet but will probably appear on ISDX shortly.

you have mail

IF the reports of Repsol are true and they do make a play for Edge the 'Herd' will gallop in and all Hell will break loose. SP at present circa 7p but with a takeover by Repsol anything goes and I'm still suggesting the SP to go to 42p. The oil reserves alone give Edge this value and this is what Repsol want.

It is thought that Repsol executives view Edge as a great value enhancing aquisition and offers a great alternative to its much publicised attempt to purhase fellow Canadian producer Talisman Energy - See more at: http://www.stockopedia.com/content/oil-and-gas-review-5th-november-2014-87475/#sthash.DTMDPtb4.dpuf

With my holding 42p. sure helps to get me closer to the land of milk and honey. lol

At what price would Repsol consider for Edge shares? Two years ago the employees, friends etc. bought shares at 18p and paid more than the face value at that time. I can't see Brad selling out below this price, he stated some time ago that he thought 42p was a true reflection of the value of the shares. It would be nice to receive 42p

Your buy has just shown on ISDX. Back of the sofa time for me.

Well done with your find on Repsol. This could be why Brad is delaying the RNS.

Usually, where there is smoke there is fire.

Spanish oil giant Repsol are considering a buyout of london listed Canadian oil producer Edge Resources Inc (LON:EDG) .It is thought that Repsol executives view Edge as a great value enhancing aquisition and offers a great alternative to its much publicised attempt to purhase fellow Canadian producer Talisman Energy.Recent progress made by Edge at its Eye Hill East assets have caught the attention of a number of bigger industry players that are looking for undervalued assets in safe jurisdictions.Repsol recently stated they have a potential $10 billion available for new aquisitions,and Edge Resources are thought to be just one of many potential new purchases being considered.Repsol SA (MCE:REP) focus on new aquisitions is due largely to help fill a gap left by the 2012 seizure of its Argentine business,and this situation has led the company to view the USA and Canada as safe havens in which to operate.The company have recently been encouraged by a new oil discovery off the Gulf of Mexico. - See more at: http://www.stockopedia.com/content/oil-and-gas-review-5th-november-2014-87475/#sthash.EwKmhOcd.dpuf

We could be in for an interesting day.

If those last two buys are from the same person it shows £10k of confidence.

This looks like the start to a 'John Grisham' novel. Lol I should consider the movie rights if I was you. :)

Finding an alternative with the most cost effective or highest achievable performance under the given constraints, by maximizing desired factors and minimizing undesired ones. Read more: http://www.businessdictionary.com/definition/optimization.html#ixzz3HXRKNiKF

One of Edge's major shareholders is a 'road builder'. I would imagine they would be only too glad to construct a road wherever required.

Having received Brad's reply and had time to digest it, what are your reactions?

Thanks for posting Brad's reply. It doesn't tell us much but that is all Brad can give us at present without a RNS. We will have to wait for the official RNS to give us an update which looks very promising. Quote from Brad. I can say that it is certainly my intent to grow the company – period. That growth can come from drilling, acquisition or optimization.