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They always have nice graphs, always have great reports but never seem to finish. Who knows, maybe this is the time they do it
Win what? cost of oil goes up while 88 goes down? What exactly are you winning?
oil in the green... 88 in the red. Same old same old
They sell their stake to a company that has the means to get the oil to market... That is kinda obvious dont you think?
Thank you friend!
If you look at my history on this board you will know I am not just some basher that happened to showed up. I am an investor off and on in 88 and will continue to do so, just laugh when I read posts here about how great this company is, or will be. I dont believe this company will ever be a big player in oil but do like to buy low and sell high when the opportunity allows. Its a tried and true cycle every year with 88. They drill, they promise, they disappoint, then repeat... I buy just before the promise, sell just before the disappointment! All the best to you and just know I never meant any disrespect, just a fellow trader trying to make a buck where I can...
Look at that volume today! Congrats to the long holders here
Great news from AC today, green days ahead!
If they get involved with Texas they will explore like they do now. This is not an oil production company, its an oil exploration company. They have no infrastructure in place to produce-to-sell oil and have no plans to do so.
Show me the facts of year round drilling lol
That is a dream that will never be a reality... Always amazed at the rumours that pass for fact on this board
3 leg turtle maybe
Its the same every drilling season for 88, big promise with little gain. Then comes thaw and the beginning of "wait and see season" while waiting on test results that always seem promising but never the "BIG OIL" they promise... Show me the OIL!!!
Have been holing for some time, back at 100% gains and feel 200% not far off. Great time to get in on the ride
Happy with my long hold here, paying off nicely
Strong volume with gains, Looks like investors see recovery in the future
Looking strong last few days
As 88 dives...
You may be right... if you are willing to wait a year for drilling and then another 6 months for test results
Garbage news... dilution for a new well drilling program. Red tomorrow
Even exploration operations have to find oil to make the money. If they didnt find the oil with the equipment they have they will need to drill more holes, more time, more money... They can drag this out for years
My thoughts exactly. Thats why the price dropped after the test result news. I think the news today (ASX TIME) will be a stock split or plans to drill a new well promising great results, or a buyout (Best scenario)
Correct and when they halt trading on a down day its usually bad news. I hope its good but have my doubts. Always wondered if Merlin1 is such a great find, why do they plan on drilling Merlin2 this coming season
Correct!
I am waiting for WSRC to announce they are getting into Canadian online sports betting... Why not right?
I am guessing you got in back in June like I did. I sold at .029 for a nice profit then bought back in at .019 so I am up over all but down as of today
Cant believe peeps still buying into this WSRC scam...
the 47mil asset they sold? That asset?
most of us here got in below .02 I got in at .015 and am happy to wait on news...
I cashed in on this high... Good luck 88 I am out!
If the Jamaican Central Bank is behind this then I am in 100% I love Jerk Chicken!
What Central bank lol
You know this to be true... First day I traded LCLP I made over 800% on my investment..The next day day I made over 200% Have never seen less then 80% in the 7 times I day traded here... Love LCLP! But will never hold long. Seems like a scam to me, the #'s don't add up but what do I know right? I will watch and trade as the wave flows, but that's all for now...
I hope that happens for you old friend... Me? I will take the daily gains like the scum bag day trader I am... ;)
That is exactly how I play this one. Ride the wave at the bell then sell an hour or so later... Been in and out so many time I lost track... Made off like a thief in the night
If this deal actually goes through this ticker will make these longs millionaires... not me though, just double my money now and then
Never heard this before...
Big deal in the works, make you all rich! Oops sorry, fell through but its ok!. Don't worry we got something else in the works! Make you all rich!
US MM,s dont care what ASX does... If they cant make money they back off... Simple as that!
Good for you fish, got to take the profits when you can! I have done very well here but others must be holding the bag... The difference between seasoned traders and get rich quick traders I guess
sorry to burst your bubble but the final analysis has been reported and recorded. Drilling season is closing in, with luck 88 punches more holes in the ground
Hope you playing day by day on this one fish
This is my 666 post so I will make it count. It will be long and possibly informative. Take it for what it is but as always... do your own D&D.
Back story... I am a retired oil derrick hand from northern BC. I have worked on many, many projects, from exploration to production. I am no expert but have picked up some knowledge along the way.
I invested in 88 for one reason only, they have property rights between 2 known oil producing properties. They had already punched there test well at the time of my investment but without any results.
I feel that 88 is a great exploration company to invest, as do many others and we have a solid investor group to support them. 88 has the infrastructure to succeed with a clean portfolio with financing to move forward.
Oil exploration is hit and miss at the best of times. They can do all the "above-ground" testing they want. When it comes to finding that pool of oil? they got to punch a hole in the ground. Its expensive and like finding a needle in a hay stack, as they say
In my humble opinion, and its just that, 88 missed on this one. The results show they are close but still, they missed the mark. They need to punch more holes to try and track down that elusive puddle of oil. I am sure this is what they will propose in the near future, maybe this coming drilling season. They need to do more drilling and I hope they do
There will be more waiting ahead but I feel it will pay off in the near future