goingupagain
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if i am malcolm, i get a deal done with whom i can, and give them some of the production profits of oil/gas. he and us make ooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo with no drilling done.
yes, i have run out of patience. too many "pr's next week" and no pr of drilling EVER HAPPENS!!
the fishing begins when the drill starts turning and the pps will not be at .038, sorry to say, but if it takes 2 or 3 months more to drill, the pps is going down.
i want success for eegc and myself because i own shares, but NOW is the time to drill. period. too many promises of a pr too many times. just do it.
i believe the prospects for finding gas/oil are great too. but nothing happens unless they drill.
it is 6 months past due.
thanks to all the positive people here who have helped me to "hang" in there: howard, vincent, jim krilich, captschippy , mhaagen and many others.
people with shares stand to gain a substantial amount:
1. mr. bendall= 25 million=any where from 1 billion to 2 billion
2. those holding less but over a million=25 to 50 million
3. those holding less but in the thousands=a few million to hundreds of thousands
conclusion: it just makes sense for malcolm, et al, to negotiate a good agreement VERY SOON or the pps slips to 2 cents or less=not being negative -just realistic- and even if malcolm has to "give away" 40 percent of the whole tassie project to get the financing in place, what is the difference if he has 1 billion or 2 billion? it is still a lot of money, regardless!
i have been in sales for over 30 years=nothing happens until something is sold!
for eegc: nothing happens until the drill turns!!! THE TIME
IS NOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
let's do it, eegc!!
i agree. funding the bellevue well has to come from a source other than the shareholder rights offering. i believe it will happen but needs to soon as the pps can go much lower if not. not being negative, just realistic and common sense. enough money to fund the bellevue to get started, that is exactly what we need. and with mr. callaway's connections it should not be hard.
if so , and if you can stand it, buy more at this stage with such a low pps and average down your pps cost. i did and it helped. but it is up to you, NOT ME.
there is still time for a pr today. let us hope that is the case.
excuse me, the 5100 post. too much caffeine today. but we hope the drilling crew(especially the night shift) will be drinking theirs.
high on eegc(just wanted the 6000th post anyway)
and someday i will attend two celebrations, Lord willing:
1. here in u.s. with all the eegc believers
2. over in tassie because i have always wanted to go to aussie and n. zealand and go fishing on n. zealand and tassie sounds like a good place to fish as well..
what a boom place tassie will become with all the activity going on...
sounds great, howard.
we have come this far, two days won't matter. bring it on!
patience. pr's will come when the co. is ready.
i feel that this forum is about eegc, not psychics.
the drilling will get done, imo, and soon.
oil has rallied and may still be up over 60/barrel and it WILL head up to 75/barrel before the year is out, wait and see. now eegc just needs to get the bellevue drilled and there are plenty of co's out there to fund the drill.
after gas/oil is discovered, we are well on our way.
exactly. and that is the bellevue. not pumping just facts, period.
this is a discussion board, so it is good we can discuss. the goal has always been to drill the bellevue. we don't need 10 mill or 20 mill, just enough to drill the bellevue without giving away the store.
have a good day, everyone.
that is something that can happen. eegc just needs to do enough negotiating with hunt, et al, to do the drilling at the bellevue well and get that one drilled. the rest takes care of itself.
good post. maybe eegc will work more with hunt energy now. hunt could make big bucks.
like howard, i also am taking a break from the board. will post after a pr is released. why? do not like new posters here: all true eegc enthusiasts: keep the faith!!!
dittos to that(meaning i am in agreement. if there is gold in africa already found by geominix. and it is worth 900 million. that's 22 cents a share for eegc right now based on 400 million shares. when they start to drill the bellevue, the pps jumps, imho, another 30 cents. so we have a 50 cent stock on our hands soon. if a good discovery of oil/gas is made in tassie, 1 dollar. a HUGE discovery, 3 bucks plus.
a lot of if's in this statement, yet the rig is still there and things are quiet on the tassie front, england front and u.s. front. too much quiet not to have something going on....
all this is just my opinion only, we shall see what develops.
3 reasons why i believe they won't wait too close to september:
1. the pps has tanked enough already
2. it takes about 2 weeks after money comes in to drill
3. it takes 30 to 45 days to know results from drilling
plus other reasons but those are the main ones.
and i believe the geominix/africa connection is/will be huge...
i think there is oil and i think there is gold(in africa)
and i think mr. sithole or callaway etc. will come forth with the cash to drill the bellevue soon.
if they announce a gov't grant because of new biofuel program i agree. the stock soars.
i wish bldv would hit .10 by june 1st, and .80 by july 1, but admittedly, maybe in six months....
going on nasdaq when? time estimate?
time frame? just asking an opinion--
in the post i have already "posted" i mentioned an ipo. don't count it out. remember, africa is rich in resources. how do we know that they did not find gold or oil already there? and also remember eegc gets 10% of the total of whatever found via grand monarch.
jmho and nothing more.
good. monsta to 1 dollar??? just asking opinions--how many think 1 dollar in 30-60 days?
good. don't think the run up today was a fluke. hope news happens on monday.
good point. i predict good news in two weeks or less. based on my opinion and nothing else, but i stick with that opinion. stay tuned and keep positive.
it will and profit taking will take place but i hope a merger is announced and a gov't grant, and the pps flys up to .80..
welcome it and embrace it.
who are they merging with, and what do you think this will do the pps? also, will they have an r/s? looks like maybe some biofuel money from pres. obama's program coming?
yes. eegc. here is my take on things: 1.eegc is getting the coal bed methane "stuff"(for lack of correct terminology) lined up. clean coal tech is a great thing to be in right now.
2.geominix has quite the huge area of land in africa and this greatly expands eegc's potential via the monarch connection.
3.geominix may have an ipo4.any discovery of gold, gas, oil in africa will boost eegc way beyond tasmania4.tasmania also could go to a booming place with a strike:
conclusion: with all of the above: it takes time to cross every t and dot every i and do things right. i hope the pr that comes out eventually says they have raised 25 million.but i will be happy with 10.
finally: no bashers will affect my thinking.
great post clipso, yahoo board is deterioated to mush. except for stray bashers here, this board stays on subject: eegc, which is the way it should be.
i feel we are getting close to drilling as june approaches.
a lot of negotiations going on behind the scenes, no doubt. june looks to be a big month since they will want to have results way before sept. comes around.
good post, howard.
oil is up to over 58/barrel. i think it will still climb to 75/barrel eventually.
i am not howard, but i sure hope so. may is going by fast.