Member Info for Starvinmarvin

Don't shoot the messenger mates but according to people in the business one simply can`t use, or rely on technicals when it comes to penny stocks. Bashing the TSX-V one day and using it as a metric the next is a curious past time indeed.

I have no love for the Venture. On a less personal note here is a bullish 'Seeking Alpha' oil article worth reading - for those that may not appreciate just how much of a major player Total is ... https://seekingalpha.com/article/4160397-oil-supermajors-seven-sisters-battling-top-oil-honors?ifp=0

Both TSX-V listed PAW and VEL are in the midst of legal battles with the Kenyan government after having their blocks taken back from the government. Any discussion of unfair contractual arrangements whether terms are legal or not leaves me cold - I don't need any more flies in my investment ointment.

Having shares on hold in Kenya - while the courts decide their value, reading this article left me cold. While we are dealing with a stable regime in Guyana for now, perhaps Eco might now consider pushing up their time table.

When you get an answer will the increased likelihood of � dare I say the word - gas be mentioned?

My last post was a short term view of course ... here is what you are up against from the TSX Venture's MMs. 17 Integral and 59 PI have been around for years now it appears 58 Qtrade has joined up. Look at the size of the 'trades'. Recent Trades - All 3 today Time ET Ex Price Change Volume Buyer Seller Markers 09:30:00 V 0.62 -0.03 32 59 PI 58 Qtrade 09:30:00 V 0.65 -0.03 20 79 CIBC 59 PI 09:30:00 V 0.62 -0.03 500 17 Integral 58 Qtrade KL

Even a drill date that is announced too early will see the MMs recalibrate the sp once again and a premature Total announcement will only add to the volatility and make the investment look even more unattractive.

TSX-V ... 62 cents, this could be revisting the fifties.

You might find this site handy for keeping an eye on the 'trades' over there. 17 Integral is the main player responsible for the propping up of the sp - has been for as long as I can remember. http://www.stockwatch.com/Quote/Detail.aspx?symbol=EOG&region=C

TSX: 2x1,000 share trades and a 500 share trade.

http://www.ecooilandgas.com/_resources/presentations/EOG_Presentation.pdf

Support found at 17p.

Rig Contracted to Drill Cormorant-1, here we go!

Yes, just one and I'd be satisfied, leaning towards Guyana at this point after all the EXXON news. Came across an old map of oil-shows for the Namibian coast, PEL 037 was covered with them, barely nothing on PEL 030. Most likely nothing to it, but perhaps someone has an update they'd share.

2011/12, it's why I seek out hereandnow's posts and have been reading them for the past few years - nobody more knowledgeable, or balanced, when it comes to commenting on ECO/EOG.

Hope the RNS diverts attention on this morning's headine in Stockwatch ... Eco Oil & Gas loses $3.47-million in Q3.

'Shaking the tree', 'flushing out weaker hands', or yesterday's insider filing. The reason doesn't matter, the MMs are buying, before long they'll be selling and driving the sp back up. This will happen several times before 2019.

# Orders Shares Bid Ask Shares # Orders 1 41000 0.580 0.600 26000 3 2 7000 0.570 0.670 46000 2 3 32000 0.550 0.690 41000 3 1 22000 0.540 0.750 738500 4 1 5000 0.530 0.760 15000 2

# Orders Shares Bid Ask Shares # Orders 2 22000 0.610 0.660 5000 1 1 10000 0.600 0.670 45500 2 0 1000 0.580 0.690 33000 2 0 2000 0.570 0.750 738500 4 0 2000 0.550 0.760 15000 2

The only decent bid of .62 might account for the no follow through.