Member Info for TSSZ

The whole market is being manipulated by fear mongering with rubbish about a recession and less oil demand
Oil is now back to $105 and will continue up, don’t fall for this media crap, the world is in a hyper recovery and the world needs all the oil they can get to recover from Covid lockdown period, so we don’t have shortage of everything in the world

I added today aswell at 22.80p, looks like all those who sold yesterday and this morning will regret it very soon
The MM will now push the SP up very fast, even with the smallest of buys, coz they got everyone to panic sell and now selling the same shares back at a premium, the MM are laughing all the way to the bank.

Foolish pi’s selling and smart pi’s buying, the fundamentals are so great with I3E, that sooner or later a takeover bid will happen

DYOR

I3E is now oversold big time, but I will be ready to buy more shares if the MM want to drop the SP again, but I have a feeling we will go up today

The oil price has gone down on recession fears, it’s got nothing to do with demand going down, the demand is in hyper recovery after Covid lockdown. Once the markets realise this, oil prices will go back up to $120 then $130 then $150.
Also do You really think Saudi Arabia will be happy that the oil price is going down, they have the monopoly, they will turn around and say if the world is saying demand for oil is lower, then let’s cut back the supply and cause oil prices to rocket back to $130 to $150 Price range.

Hence why I think I3E is a bargain price atm

End of the day

DYOR

Why are PI’s panicking, oil dropped slightly, so what, it’s not like we dropped to $60. We are still about the $100 range, this is still a strong oil price.
We have serenity around the corner with 200 million barrels of oil, we have all the other oil fields in Canada and we have Q2 update shortly.
I will only say the foolish pI’s are selling and the smart PI’s are buying.

DYOR

When oil was at $70 per barrel, I3E was making great profits, even at $100 per barrel, I3E is making unbelievable profits and remember they have no debt
Pi’s are just panic selling, sell if you believe that is the best decision for you or don’t buy if your a new investor
But personally I am buying coz I know I3E fundamentals will out perform the market fears and when we are at 50p + , I won’t say I told you so

DYOR

On days like this just buy buy buy more I3E shares, its a no brainer

I was expecting an Rns stating the flow results from Simonetta and other wells by now, however it looks as though we might get that news and Q2 news together next week
Gives us time to top up and buy some more

Wow Oil nearly $120 and we are still at a bargain price
I am 99% sure we will get a rns tomorrow to do with the oil reserves for Simonetta and the other oil fields and or the Agm meeting results

Oil $117.22, having a positive effect on the SP, oil will continue to rise much much higher

******* = E r i c n u t t a l l

Eventually got there, Lol

****** = E r I c n I t t a l l

***** = eri****tall

Eric Nuttell

https://twitter.com/eri****tall/status/1541392312294596608?s=24&t=0hVE0zYlJEI-ChOBtSzr7g

It’s usually about 10% of the total amount of shares as standard, but they can buy more if they have enough cash and yes I3E has loads of cash

I wouldn’t under estimate I3E, Majid and his team
I think after the Agm meeting, I3E will announce a share buy back and if this happens then the SP will rocket up

Look at all the Canadian oilers they all follow in each other’s footsteps and I also think this is the reason why Bybrook capital reduced their share % from 26.13% to 20.80%, coz if the company did a share buy back and if Bybrook didn’t reduce their % holdings, then this will take them
Over 30% and then Bybrook would need to put in a takeover bid to buy them out, but by them reducing they are now only 20.80% and maybe increase back to 26% with share buy back

This is my own opinion, do your own research

http://www.bnnbloomberg.ca/video/we-ve-had-a-panic-induced-selloff-but-nothing-has-changed-in-energy-stocks-nuttall~2472295

Eric Nuttell

I'm thankful to @BNNBloomberg for letting me appear on short notice. Oil demand remains strong while supply challenges build. Take comfort in knowing what you own (high FCF, little to no debt) and don't buy into the F.E.A.R. of the moment. bnnbloomberg.ca/video/we-ve-ha…

Who ever sold this week, got robbed and i feel sorry for them
Who ever bought this this well done and congratulations

OIL $113.50, it wouldn't surprise me if oil hit $120+ next week