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Nope.... Sorry to have to say Speedy, But a Pr. at this stage of the game dont mean squat as far as Empire goes actually having funding in hand to procede with drilling operations as planned. Trust me, I have been a hard core investor of eegc for going on 7 years. And believe me when I say, I have seen more Empire PR's than Carter has liver pills! And to say that Empire seems to have a credibility problem with PR's that come true, Is a severe understatement at the very least! Nope, Like I say, Yes, Im an old time long, and yes, I hold a pretty substancial block of eegc shares, But nope, The only thing Im going to believe this time around is a drill bit turning, and oil being pumped down the pipeline for shipment. And even then, Ill be looking twice and thrice just to make sure. Dont get me wrong. Empire may pay off in the end, and make us all rich fat cats. That would be GREAT! . But this time around Ill believe it when I SEE it, not just read it.
Eerily silent perhaps, But you provide not one shred of irrefutable, factual evidence that Empire does "NOT" have the funding at this time to persue its current published exploration program. Nor have you provided the same irrefutable factual evidence that a drilling rig, suitable for the drilling program Empire states that it is in the process of persuing, Has indeed "NOT" been procured, and is "NOT" in the process of being shipped to the proper drilling site for its drilling program exocution. To be fair, I also have no irrefutable, factual,evidence that EEGC "Does" indeed have funding in place to procede with its drilling program as stated in the most current PR. In other words, both sides of this arguement are mearly our own perspective opinions as to the factual, true status of EEGC's drilling plan. And as such, It would seem to me, both "Opinions" would have equal weight, until such time as irrefutable,factual,evidence were to come to light that would tip the scales in favor of the unvarnished truth. Until then, it would seem logical to me that this arguement is moot until proven otherwise.
No Sir, What I am saying is, No one, Other than the informed, authorized corp. officers of Empire Energy are privy to the truth at this time as to wether or not funding is in place, or, is to be forthcoming in the very near future. Not me, not you, not any party not actually involved in the announced upcoming company drilling program. Since no one is "claiming" that funding has,, or has not been aquired. To simply claim "There is no funding" is simply incorrectly over reaching the known facts to conform to ones own opinion. So no, we dont all agree, do we? See, simple, Sigh......
Excuse me but the issue began with posted statement #23211, that funding does not exist. I replied , "Prove it". I did not say that it does have funding, requireing me to prove my position with facts. It would seem you may have "Glossed" right over that position. That would make the burdon of proof on you for making the initial statement against funding, supported by facts as to why it "Does not exist". I do not claim funding exists. I would say though, just as you have not provided facts that disprove funding, I have not provided facts that support that funding has been provided. Therefore, the entire issue is moot. Personally, I could care less either way. Empire will drill, or they wont. I will lose my investment, Or it will pay great returns. In either event, I am perfectly content to see this investment through, no matter the results, positive, or negative. As you are entitled to your opinion as to Empire's eventuall outcome. However, if you are going to make a firm statement that there is "No Funding" as earnest DD did in post #23211, please support your assertion with facts, as you ask otheres to do.
Just as soon as it is proved that it does "NOT" exist. This is mearly a back and forth that is not proved by either side. IMO...In either event, What is evident is that eegc will have to prove its position in the very near future. Therefore, it would seem that there is not much profit in a back and forth arguement as to what position about eegc is the correct one. And remember, It was I who responded to the claim you asserted, per your post that funding did not exist. I believe the burden of proof is on you.
The exact same thing can be said for our position. Are you asking me to prove something I believe does exists? I say funding does exist. I say there is no evidence to prove me wrong. You are welcome to prove me wrong. Please provide evidence funding in fact does "not" exist. Good luck with that.
A bold statement for witch you seem to provide no facts to prove your position. Can you prove the Hobart staff is doing nothing, or at least provide proof of your claim? Do you have access to Empires banking statements to prove they have no finances available at the time you have posted this statement? Are there facts in evidence that prove that Empire has made no effort to procure a drilling rig for its currant projected drilling operation? If you have factual proof, please share it with all of us other investors so that I have reasonable intelligence to justify selling all my stake in eegc at tomorrows opening bell. If you can prove its as bad as you say, maybe I can salvage a small portion of my total investment before its too late. Thanks for the heads up........
Got to agree with you there Bob.... Proof of Funding is the only thing that will make this thing start to move foward. Credibility has been so tarnished with Company Pr's that didnt pan out over the years, theres just no other way at this point. That, or the sound of a drill bit turning. Of witch neither is proving to be immediatly forthcoming at this date. None the less, Im still here to see the bitter end of this thing, for better or worse. Much like a bad train wreck, You know you should look away and avert your eyes, But you just cant help yourself..........
I agree 100% even though my post will be deleted. Weve heard it all before, and nothing will make a difference but the sound of the drill turning. Sticking it out 6 years is long enough
The proof is right there for all to see. Unless you believe Empire Energy is in the habit of filing false 8-K reports? Lets take this thing at face value shall we, unless proof to the contrary surfaces...... JMO
The one thing no one seems to mention is though times may have been difficult for eegc these last few years, Empire is still viable and hanging tough. That says much when most penny stocks crash and burn very shortly after conception. Venture capital is next to impossible in this economy, yet eegc keeps plugging along regardless. The fact that it has held together for all these years says much about the tenasity and belief of those involved. Of course its highly risky, But the rewards are way to much to ignore. As we come down to the wire in 2012, seeing this thing through is the only logical option win,, or lose...IMO
Then Im sure you would also be the first to agree then, That there are also many on this board who do not share in your opinion sir.
And terms such as, "privileged company information","failed predictions",and "spurious intel", can also be construed as constructive information,personal belief,and academic discovery, to be weighed,and diseminated in context to its importance givin by the individual investor, with regard to its importance and relevence when making decisions concerning ones own market investment stratagy.
Whether positive or negative, all information is good. However, it is up to no one but ourselves to give credence as to what we consider "intel" useful to our individual investment decision making perceptions and processes. Hence the usual disclaimer "Just My Opinion".
Sounds like solid sage advise to me.
Thanks Jerseyfish, I wonder why though, how so many on this board seem to have trouble grasping that little snipits of information gleened from your posts are not, nor have they ever been ment to be investment gospel? Seems to me, It is what it is. If you hear something, come across some intel, a fact or two, maybe just heresay, or a possable senerio or outcome, you pass it along to fellow investors to make of it what they will. I dont read into your posts that your opinions and possible conclusions are to be treated as fact. Quite the contrary, It is helpfull when assessing the "Bigger picture" hearing your opinions when it comes to making my investment risk assessments, But I do take it for what its worth. A helpful tool, nothing more. I guess some days the magic works, some days It dont. Only I can determine how much Im willing to risk in the persuit of great returns. And lets face it, investing is just that, the direct corrolation between the amount of risk, compared to the amount of positive possible gain one is seeking. By all means,keep passing along the intel, and Ill keep making my own decisions based on all the facts, as I see them to be.
yup, sorry to say that confused me too. could you clarify your post?
Well I suppose that makes this a "He said-She said" kinda situation, with no value to the investor in either case. Might I suggest you do diligence to prove your assertion that the Mercury did not print any of the information in question? And I will do the same to provide a link to the contrary to help provide investors with unbiased information.
Maybe so, However, It was repeted and printed by the Mercury. I would assume they agreed with its content, Or, They would not have made it available to their readers. I can find no information that The Mercury was in dissagreement with the content of the information it printed. If you have any proof to the contrary? Please provide a link to share with the rest of us investors. Thanks
Man,,, As much as I hate to admit it, I have to agree 100% with you post Speedy. The time has come to poop, or get off the pot. EEGC connot afford any further delays. And all we investors can do is cross our fingers and hope it pans out. Anything else is wasted breath....JMO
Come on! Lets kick this pig !! Go eegc !....:)
Why not!!!?
Very informative Howard, Definatly makes you take pause,and keep your eyes on the prize. And when all things are considered? EEGC would seem to be on the cusp of success indeed! Let the good times roll!
Let alone the details of what a venture between eegc and a possible joint venture partner might entail. In any event, I believe it would be most unprofessional to disclose what terms, if any, would be applicable to either party. I sugguest you have patience, and spend your time figuring out how your going to pay your windfall profit taxes......:)
It would be nice to find out wouldnt it? Too bad it always seams the deck is continually stacked against the little guy investor who has no one in his corner, looking out for his best intrest. Maybe some day the SEC will step up and take notice, and help create a level playing field in the market, so small investors have half a chance of getting a fair deal....JMO
Woopti Doodle Doooo! Thats great news Howard!!
Doc, Howard, If either one of those two will produce results? Im all for it. Lets see what the opening bell brings tomarrow,shall we? I cant explain it, but something buzzing in the air today is telling me that eegc is going to fly to the moon tomarrow, and it will be all we can do just to hold on for the ride, and watch the money roll in. Get a good nights rest boys, cause tomarrow its gonna be POW!,,,,,ZOOM!,,,,,, Right To Da Moon!!!!!!!!!
Im sure you do hate to burst my bubble, But How do you make such claims about eegc without verifiable facts to investors that support your assertion? It seems to me, that what I think I see here is an unsupported opinion that unfortunatly doesnt jibe with my own Due Dilligence Could you be just a bit more specific, and provide us some facts that educate eegc investors,and support your claim?.... Thanx
Thankyou Howard, That seems very logical to me.
FANTASTIC NEWS !!!!!! I smell a winner here boyz. Best strap in,and hold on tight! Its going to be a WILD ride!!!!! BUY,BUY,BUY, Before its too late, and your left kicking yourself in the arse!!!.................:)
But, wouldnt it be nice if some of the rats jumping off the BP ship, would swim over and climb aboard the eegc dinghy? Investing is investing, who gives a rats arse where the money comes from? As long as it comes.......JMO.....:)
whats the difference? are we having fun yet?......:)
Not to mention they had the cash on hand to pony up says something too, dont you agree?
And that Mr. Bob is what we are all waiting for. Unfortunatly, the only exersize that produces anything right now, Is continuedpatience. Because there is nothing we can say,do,manipulate,cajole,get mad as hell,or stomp our feet that will make Empire release their material facts to us investors, until their damned well ready. It simply is what it is,and we cant change that on a posting board.....oh well, maybe tomarrow...
sorry guy, Im just a regular investor,and frankly, I find nothing screaming anything here but you and your sky is falling attitude. Im sure the company will release that information when it is deemed material, and your ranting will not change that fact. If you find it so important to know , I sugguest you pick up the phone and call them yourself. Perhaps send a registered letter, whatever. Frankly, its just not that important to me, as this would change nothing as to my investment in eegc. Good luck
The company to determine that it has material facts it deems nessassary to divulge to its investors... pretty simple huh?....:)
Thankyou Howard for the attitude adjustment, so that may all reflect on whats really important, and remember those who made the ultimate sacrifice so that we might even have these oportunities, lest we forget........
Ditto that Howard,,,, 100% to da Moon!!!
Oh boy, You really think you know it all, dont you? Dont worry, weve seen your ilk come and go before
Wow! What a breath of fresh air! Thankyou Howard, Its about time someone had the guts to tell it like it is. I have been investing in Empire for a number of years now, Stuck it out through all the ups and downs, watched the pps go from high .30's to less than .02's and everything inbetween. But Howard is absolutly correct, Nothing beats the outright fraud Mr.Roberts tried to pull when Malcolm Bendall entrusted him with the company a few years back. How Empire survived, Ill never know, But I can assure you it was by the slimmest of margins. Thank God Malcolm was able to regain control and get rid of Roberts and his cronies and get this this thing back on a path towards success, or this company would most definantly tanked thanks to that crook and his greed. So in the end, are we all going to get filthy rich? Hell, I dont even have a clue, But I sure like to hope so. The rest of you can do what you want, But I paid my nickle to see this show, and Ill be damned if Im leaving until its over, one way or the other. Keep up the great work Howard, Dont ever let the bastards get you down, cause I smell a winner just around the corner....:)
Its nice to know my fellow pumpers can offer up sound information and advise from time to time...... Go eegc....:)
scottrade seems to work fine also