Well thats sort of a given. Considering they are 7 weeks into the drilling they should be done before Christmas.
S

Thank you gspex. The overall market sentiment seems to be very bearish at the moment not just gspe. Only a sig discovery will change this trend.
S.

7 weeks this tue since tau spud.
Gspex should we be getting any operational updates by now?
Ty

"The best evidence of success is the lack of word, ironically enough."
This is something I need to take into consideration with a conscious effort since its atypical to the norm.
Thanks gspex like always your expertise add such depth and a degree of level headedness that is much required.
When will tau resume in drilling do you think?

"Yet it turned out the way it did" - making sure that everyone is aware that im only making an assumption that results are dissatisfying, based on the length of time its taking to report and the current price action.
Glta

I hear you. If price action is indicative of anything with regards to Canoe its probably dismal results overall. And i agree with many here that canoe wasnt a big game changer to begin with, however it would def add to the public perception of confidence in this team goin forward. What is going to play against this perception of public confidence is the fact that this play had the highest probability of success and yet it turned out the way it did.

We are in the sixth week of Canoe analysis. It would be nice to know something on this matter, especially when you consider this was their highest probability of success play.
S.

These conferences have generated 0 buzz. Current demand is beyond disappointing.

Thanks, yea i guess i was just looking for some sort of affirmation of a short term trend swing/change. Having said that i agree too little data to draw any opinion on this. Having said that yesterday naked short volume was at 90%.

Ryguy- why is the ask moving up without the previous ask being filled?
Tanx

Another few weeks for Canoe analysis update, as per J.M..

Thank you very much. 40 million new shares will def do the trick. I was under the impression that any new issued common shares have to be reported publicly via a news release. This is my first time owning an otc equity. Lots 9f weird crap happening here.

What do you mean by dilution has been heavy? Also have you contacted John? He wasnt too concerned about the short interest mainly due to only watching equity short interest, not giving much the otc report data on naked interest much significance.

Have you tried John? Hes usually within 24 hours.

Sept 10 & 11 both at 52% naked shorts.
Sept 12 @ 66%.

1.7 million single bid. Never seen that before.

Shorters made a decent $. Brought this baby down from 15 cents to almost 4...73% loss. Smashed through all fib retracements. Lol so much for karma and hopes for then to get squeezed.
Glta

Thanks gspex.
The quality level of your contribution as well as some other guys like Spec is much appreciated. I cant thank you guys enough, regardless of how this turns out.
Glta

Otc naked short report for last three days: 4th 63%; 5th 60; and 4th 57.5%.

Pardon my ignorance but didnt know they can dilute without public announcement?
Is this a special otc privilege?

Im kidding. The takedown has been super fast and efficient. Im not buying the profit taking mantra.

Nothing fishy. Just some folks taking profits off the table at 5 cents, lol.

Very interesting this share price collapse. Naked shorts have gone down but still over 50% when you look at the last five trading days average. Despite attending the conferences and putting the word out, not to mention only a few days awways from spudding Tau.
Glta

Lol..

Thank you.

From your mouth to Gods ears.
You seem pretty confident in the tau discovery and that is definitely comforting knowing its coming from a lad with your pedigree.
On the canoe side, how long will it take to get this full integration of the well info and seismic data done? Few weeks?

Thank you very much.

Gspex- need your expertise. Please chime in on the news release.
Regards

You are aware that 80 % of all volume roughly has been naked shorts.

Appreciate you chiming in. I guess we will see in near future. I agree with Ed's perspective on Canoe +ve drill scenario,"But a discovery would have a big impact to GSPE's stock price since they would then have an asset that they could either sell or borrow against, to fund their share of future drilling with Delek."

Thank you.

Im just wondering if we are to assume that canoe is dry due to a relatively low demand?

Naked shorts: Friday 82%; Monday 87%; and yesterday, Tuesday 87%.
Glta

Naked shorts numbers are out for this week. 92% Monday; 85% Tuesday; 80% Wednesday; 70% Thursday. Unreal. Lol.
Glta

Fyi..roughly 70% naked shorts last two days.

https://otcshortreport.com/company/GSPE

Very few profit takers. Based on last three trading days more then 80% of all volume are naked shorts.

Ask at 15 cents. I guess maybe those short algo managers got back from vacation. Lol.

Equity shorts vs Naked shorts.

If you bought at 12 cents. Why sell at 12 cents now when it's this close to drilling? All of the selling pressure is coming from naked short algos, very little from share holders.
Regards