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I guessing it will be about 2 years before we get any real news of any substance. That is only if the lease is extended.
I don't know the answer to your question, but good to know someone is alive out there.
please provide proof.
Beats me. I have no idea what is going on.
Seems like I remember someone saying they had an office in Nashville. Is that correct?
Can someone tell me if Magellan has an office in Tennessee?
Thanks,
anyone have any ideas who is driving the price down and is there good reason for the price decline? thanks.
If it went to .10 per share it would due to some really good news. I don't think anyone would sell. If there is some good news I will buy. Most people don't believe any good news is coming.
If we are strictly gambling, then I agree that maybe we don't need to do any thinking. If we are investing, then thinking is advisable and don't let anyone tell you otherwise. And if someone tells you that then you should turn and run as fast as you can, because that person is not sincere.
does the PR just posted mean anything if the share price doesn't reach 0.07?
If there were any critical developments, then I'm sure Malcolm would report them.
And my guess is that alot have sold their shares and are gone. And for those that sold there is someone new that bought in. Based on what I do not know. I bought a while back, but I'm not adding.
you are definitely correct if you believe this horse is dying. There are others who are willing to gamble, with the money they still have on the line, that this horse will be revived. Every day it is looking like the odds are less and less in our favor. We may do just as well if we went to Vegas.
As far as I can tell, there are no big believers in Piedmont. It seems the only people involved are market makers playing their little games. There is clearly nothing positive being reported by the company.
Don't bet any more than you already have on it. If there was anything positive in the air I think Howard would have let us know by now.
Agreed. We just need to sit tight for a month and then hopefully things will be better. We've waited this long, what's another month?
That may be a good thing. It is my opinion that a PR released on a Monday or Tuesday is more likely to contain positive information as opposed to one released on Thursday or Friday. If I had something positive to report I know I would want to release it on Monday so the stock price could run all week.
Thanks Howard.
Please bring me up to date.
Are there environmental issues that would prevent completing drilling at Bellevue this year?
What is the drop dead date for obtaining funding and getting the rig back on site and working so that we can beat the lease expiration date?
Have we lost the rig?
If we get the funding, can we even get a rig to the site in time?
Thanks to anyone for their assistance.
I suspect most on this board know that you are correct in your assessment, but they made a bad investment. It's hard for me to accept. The writing has always been on the wall, but I always hold out hope that I will buy into an honest endeavor. Maybe I should just try working for a living.
I think you are right. Someone just invested $1.80 plus commission to purchase 100 shares of EEGC at 0.018. Knowing that someone out there is making such a sacrifice, I think I will mortgage my house.
Let's hope it doesn't turn out to be a dead cat bounce.
My gut feeling is that it is not going to happen.
manipulation is not credible. Some positive news would be credible. When I see someone trying to push the price up without any news to support the increase, all that does is raises a red flag that things are not good. I definitely want the price to go up, but without some positive news the price will not stay up. If you are a pumper, then you will make some money. I on the other hand am in for the long haul. Manipulation will not make me any money. Good news will. I guess you are a pumper / day trader, and that is okay, I just don't play that way. I'll watch you and maybe learn how the game is played.
Someone is trying to prop up the price. They just bought 100 shares at 0.02. That does not help our credibility.
one would sure think so.
someone asked if anyone had tried to contact Hunt. I simply answered that I had and Hunt will not respond. I'm not worried though. I think Malcolm will take care of us one way or another.
I have tried to get in touch with Hunt and they will not respond.
If the financing comes before Sept. 30th we will be in good shape and if it comes after Sept. 30th, hopefully Malcolm has some good property in mind.
Hey Howard. What's the positive spin for the day?
Is anyone alive out there? Is it time to take our ball and go home?
I think you are going backwards on the evolutionary chart. We are not taking any dollars out of your god forsaken country. We have simply purchased shares of stock in a publically traded company. Grow up!
I don't understand why everyone is talking about $50,000,000.00. He is trying to secure a "line of credit" for this amount. If he obtains it, then he would take draws as he needs it. Maybe right now he would only need 5 or 6 million. He would not take out $50 million. Something is not right with all of this talk back and forth.
Oh, I'm definitely holding. Would like to hear some positive news though. I was hoping to hear of workers coming back by today.
How many shares would you like to purchase then? If it's such a great deal. In the last 2 weeks I have purchased 200,000 shares and I'm not so sure it's a good thing. I will hold what I have, but I need more than positive preaching before I will buy more. Call me old fashioned, but I try to invest rather than gamble. The house usually wins when gambling.
That's debatable.
Thank you for your reply.
Then why would he spend a measly $1750.00 to buy 50,000 shares? Makes no sense.
Malcolm is either broke or does not believe in his company?
Someone please explain today's press release to me. Thanks.