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http://sputniknews.com/world/20160203/1034145421/russia-opec-oil-consultations.html
i didn't expect that i could buy the last 2 days @ 0,0194 , the only good thing is that my breakeven is again much lower now . The bad thing is , how long does we have to see it all happened . You can say
give it to end of februari , March ,... GSPE is equity dilution now and that's the only thing that the management can stop ! But when ? This is the first time in my career as a trader to see this happened .
http://www.ibtimes.com/oil-prices-may-rise-end-2016-report-says-2291422
I hope Mr Buffet finds his way to GSPE also
http://www.marketwatch.com/story/warren-buffetts-berkshire-hathaway-cant-stop-buying-shares-of-this-big-oil-refiner-2016-01-31
it's just Gulfslope was and is a very nice opportunity , to see the stock price going down for months to the way we are now without any reply from GSPE themselves that sucks ! 0,0195 today , also for the insiders who own 45 % , this is a hard nut to crack . That's the only reason there is no trust anymore because it takes all to long . Iff such share drops happened somewhere else , they give a press release .
Also rated @ penny stock @ OTC market , that's making confidence in attracting new buyers . Let's hope we get some answers soon and build a good future for GSPE . And what the oil price would do in the future . 40 $ for WTI that's they way it's gonna be in 2016 , for the most analysts , that's not bad at all for GSPE then .
i am just wondering iff GSPE announced now there deal or finance , ... which direction we go iff we now have to start from the current stock price @ 0,0195 . Iff they had already a partnership in 2015 and test drilling , uplisting we where already maybe @ 0,50 . They said in 2015 , we are still talking with about 9 interesting parties , so how many are still in the running . TXS has already a farm out deal off 10 million , there patience has been testing now also a suppose after 2 years .
But i am a believer in there project , so i don't go anywhere .
http://www.cnbc.com/2016/01/28/why-russians-and-saudis-could-cut-oil-output.html
still nothing from GSPE , other compagnies should have a press conference to give updates to stop the fall of the share price . I thought we had it all behind us and can have a rebound . What goes down has to go up ,... that's what i thought ! Oil price is doing well . They gonna have to bring us something . I am wondering many moths now , why it's taking all so long . I started to buy 19 moths ago @ 0,40 and i stopped buying @ 0,04 , and i thought those both prices where bargains . I 'm sweating it all out instead off dumping my shares . Iff they had a deal , financing , ... then we are launched for a good future . I hope it 's all worth waiting . I keep the faith in GSPE .
http://www.reuters.com/article/us-opec-oil-idUSKCN0V51PG
that's again good news , i am wondering when we are gone get some good news from GSPE ?
0,0215 for the moment ,i can't imagine why people selling @ such low levels . Iff it all goes buy
plan like the said in the presentations , we must be @ min 0,50 cent in 2016 or even more when
oil prices see higher levels .
GulfSlope has advanced 7 high poten5al prospects to drill ready status that could hold 751 MMboe of gross recoverable resources represen5ng $6.8 billion of present value !
and we are @ 0,0215 $ , that's peanuts , i can't imagine bigger players on the market looking the other way , they must have interests in GSPE , but for us the shareholders it takes a lot off patient , and i think
many have lost there patience buy selling to where we are stand now .
I see it as my pension , so patience is the messages .
http://www.reuters.com/article/us-global-oil-idUSKCN0V301D
And again , all start over again ! How long does this gone take ?
what a week for all off us except the shorters off course . With low volume they bring it all down .
We must say , with shorters who bring GSPE down , many people sell there shares because they think
it's going the wrong way . Iff you look what GSPE and especially its crew 's capable off ( look in the past ) then this is a bargain . I said already last year , this is gone be a long term investment because it's taking all so long . For 19 months i i saw it all going down and pickup shares because i thought , now we are @ the bottom . But @ one time i bought enough and now i have to see it all happened . But my thoughts are with the amount off oil GSPE have discovered , and that is hugh 2,7 billion barrels , and those barrels are not go anywhere before the started to drill . So now it's waiting for how they gone finance and when they gone start the test drilling . The main reason off the the share price who collapse is that we are still @ OTC as a penny stock , and now they have status as bankruptcy @ this share price .
http://www.reuters.com/article/us-saudi-oil-strategy-idUSKCN0UZ26K
what is left off the OPEC these days iff SA is just doing there own thing instead off thinking for all off it's
"members " Selfish , that's what i think .
So it's sweating out these days but that's for all stocks these days .
still nothing from GSPE , they let it all happened . Can't say they can nothing do about it . Shorters are bringing GSPE down . We stockholders are again the victims for our loyalty . Hopefully it turns the
other way now , this is ridiculous !
GSPE -20.42% -52.08% -77.00% -38.67%
So that's what's happening @ the moment , or must i see for months . Still NO explanation from the
management . Other compagnies who are listed @ stock markets give a press conference when the
price drop for moths . GSPE doesn't ! Who are the sellers who bringing the compagnie down ? buying
and selling with no profit instead with loses with only one goal ,just bringing the share price down . I must say , this must only be bigger parties who have there eye on GSPE to buy as low as possible , ...
The penny stock is bringing the compagnie where it is now , i think that was a mistake last year that
they didn't had the uplisting in March .
Still GSPE has a big amount of oil , and with no drilling , that oil stays where it is now !
@ that share price , market cap = 15,64 million $ , i don't need a calculator for to say this is ridicules low.
So the lower prices was good to bring down half the drilling cost . Now it's it's cutting budgets for all the bigger players on the market instead !
First the Saoedi's who had there strategy to bring down the oil price to hurt the US oil producers ( especially shale oil and gas . And now the sanction where lifted up for Iran who is bringing the oil price down more . And the the biggest concerns Saoedi Arabië and Iran are the Biggest enemies , so talking about less production of oil isn't here a option . This cold war could have repercussions across the Middle East and Global . Hopefully they look to what happens in the world and not just to each other .
So the ball is now in the hands of GSPE to bring a statement of where they @ now and give some boost to the share price and trust for the current stockholders .
http://www.forecasts.org/oil.htm
I think to handle the low oil price , the only way to survive is a fusion with a major player on the market.
The major players are struggling now already , and GSPE has not the the opportunities to go further alone in the future . This could only help both parties .
is this also the reason of the share drop on friday ?
http://edition.cnn.com/2016/01/16/middleeast/vienna-iran-iaea-nuclear-deal/
Answers from GSPE
With what happens yesterday , it's time for answers now from the management off GSPE !
This can go further anymore .
So today , there is no trust anymore in oil stocks . With the free fall of the oil price people are dumping there shares . I still can't imagine why it happened also with GSPE . At the moment we have nothing to hold on , because we all are waiting from any news , deal ,...
I am not gonna sell because the oil price is falling down , Many analysts are saying WTI and brent are
going down to 20 $ , and the second half of 2016 WTI is going to do again around 40 $
Today Warren Buffet bought 900 k share off oil multinational philips66 . That means there is still
a market for buying oil .
We need a lot off patience more now .
So all time low today with only 736 pieces ! Same shit everyday , i am wondering who is bringing GSPE down everyday with small amounts ? this has to be no coincidence anymore !
Can't say compagnies are looking for oil ( see link Maersk and African oil )
Under the terms of the farm-out agreement, upon closing of the transaction Maersk will pay Africa Oil US$350 million as reimbursement for approximately 50%
http://www.marketwired.com/press-release/africa-oil-announces-farm-out-deal-with-maersk-oil-kenya-ethiopia-blocks-conference-tsx-aoi-2071380.htm
That's a lot of money !
Some members of the Opec group of oil producers have called for an emergency meeting to discuss reducing output.
http://www.bbc.com/news/business-35289766
Not to late i suppose !
Where we are now with GSPE it's unbelievable , the value of GSPE is now near 22 million $ that's peanuts . Time for action should i say .
iff you haven't listening to the presentation , here is a link writing down . The questions start from page 4 to page 8 .
http://seekingalpha.com/article/3769836-gulfslope-energys-gspe-ceo-john-seitz-hosts-year-end-investor-call-transcript?page=4
2016 is the Year it al should be happened to start with the operations and uplisting . So my patience and from many others will be awarded .
Do you remember what Mr. Seitz says in march 2015 , there is not gonna be a uplisting now " to protect " the current stockholders " . Is that the way to protect the current stockholders @ were we are right now ! Over the last 19 months we getting nice presentations of the compagnie , but without any way up of the share price . Doesn't that ring a bell with the management , that it's time to give some updates @ where they are now , and attract NEW buyers instead of buyers dumping there shares . In my investment @ stock markets around the world , it's the first time i had the scenario like Gulfslope , that a compagnie let it all happened . The share price we are @ now has little to do with the oil price . When the oil price was 40 % higher were going down also . They always say " what goes down , must go up " , well it's time now ! They had already succes with 3 D seismic before , why are people doesn't have faith anymore then ? My answer " it's taking all to long " in a down climate @ the stock markets. We need to get away from OTC market and start rating in $ and not go further as penny stock to get some trust in new buyers . I still believe in Gulfslope energy , that's way i don't sell my shares , i don't wanna miss the train when we are getting the right way again .
from strong sell to neutral , it's getting " better "
http://www.allotcbb.com/quote.php?symbol=GSPE
also "actively" looking into crude imports from the US, company president Hisashi Kobayashi told Platts in an interview Tuesday.
http://www.platts.com/latest-news/oil/tokyo/japans-cosmo-oil-eyes-increased-iranian-crude-27113058
hopefully the Chinese find there way to Gulfslope Gnergy
http://www.businesstimes.com.sg/energy-commodities/oil-finds-glut-relief-from-chinas-unsated-thirst-for-crude
http://www.cnbc.com/2015/12/30/oil-to-fall-under-30-before-rebounding-analyst.html
A New beginning of a new Year , where does we gonna go this Year ? I am pretty confident we go
in the right direction this Year . The first thing is waiting on the test drilling - 2 ) farm out deal - and
3 ) the uplisting. The story off 3 seismic is proven before , but still investors want to see the real black Gold .
The rebound off the oil price should be in Q2 for many analysts , that give GSPE a better position then .
correction - 7,5 % extra today , So low is the trust in GSPE !
-65,22 % in 1 Year down , only A few times a positive rate . Can't say i am happy with that situation. 2015 is a Year to forget and hopefully our patience will be well pay off in 2016 .
I wish you all a Happy New Year .
best regards
Philippe
http://www.marketwatch.com/story/saudi-arabia-says-its-ready-to-meet-any-additional-oil-demand-2015-12-30
They don't care about anybody but themselves , that's not OPEC organization anymore but SA alone against other members and non OPEC countries .
GSPE is in a good position
http://www.nytimes.com/interactive/2015/business/energy-environment/oil-prices.html?_r=0
http://content.equisolve.net/gulfslope/news/2015-12-16_GulfSlope_Energy_to_Host_Year_End_Investor_128.pdf
We will get some News on monday ?