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hmm maybe then EEGC stock at the moment would be considered more as a quasi-derivative?
But EEGC is a derivative as well until oil is sold isn't it?
Anyway, good to see the bounce back today. I am sure some of you that managed to buy some extras cheap have done well off the bottom.
Just a bit of a shake up. Someone purchased a 475k block at .03 so buying is there to be found on these lows.
A few sizable trades. Good to see support come in.
Who's still managing to buy up some off the dip?
That work winterizing the rig will come in handy since summer will be over soon.
To not even get to the domain could suggest an issue with the host sever. I see that gslm needs to also update their domain soon - hope someone rembrrs to pay the fee, but that shouldn't of been related to the site down today.
I'd update the site for more shares :)
My clients would be screaming at me if I took that long for an update with the complete site down :-/ I'll reserve further comments till it is back up.
Not loading at all for me which is strange - if whole site out it would suggest to me that it is a much bigger change than usual. A whole site offline if being edited is usually only done when changing the whole content system. Will see soon I guess. :)
Still amazed that this thing hasn't totally fallen over yet.
Better marketing effort needed. Still no significant orders?
patience....more people are back to work next week in this part of the world after their Xmas break.
Last year there was a new release about this time. We must be close to something soon.
No sizable orders filled below .03 today? bit of bounce back. Interesting to see a bit of support around during this quiet time.
Bit of a sudden rush at the end there today. Who's been doing last minute Christmas shopping?
The google earth information was posted a while ago. Maybe someone else will have it, but you can't see much as the photos were pre site development it seems. Waiting on the big google bird in the sky to make another fly over.
Yes I agree, sometimes no news can be a good thing if the stock pps is heading in the right direction!
Many times an announcement has been made after a good run has started for it to fall down again.
500k @.037 after a .04 and a 250k @ 0.04 after 0.043. Doesn't look like the lid can be kept on to me to try and hold it down?
oo nice jump to start, where to now for the rest of the day?
Is it those coming back into the market again after selling off higher up a few weeks ago? the big rush back in to get back their positions.
Was lucky I picked up more at the pre Xmas sale. Sweeeet.
A nice little pop up today after the dip to get back. Someone got a good little quick return off a 12% discount on their Xmas shopping.
Calm before the storm?
Nice payout. With that on EEGC at this PPS you could do very well off it. 30k @ 0.03 puts you into the million holder club.
Ok, so who has been buying in the last 20 minutes?
EEGC will get my tax rebate bonus this year, so I hope that bet turns out well. Nothing lost if it goes badly. Just like playing double up or nothing :D
Very little volume. Someone is not letting this PPS drop today, what's up?
Thanks for sharing your strategy yes on a decent holding and a move like that you can give up a little to recover the initial capital and ride the rest.
You must of picked up quite a few extras by now.
Very strange in this day in age not to have a website.
A few hundred dollars if you want that professional and trustworthy "my ten year old son builds websites for pocket money" website look. 10k plus for one by a professional who cares about the design, content and marketing, but although the base costs are very low, it is often a case of how much effort is needed to provide a professional result that can help achieve what is required of it.
Companies can easily spend 50k on a report, but not even spend 1/10th of that on using design professionals with a commitment to high standards to deliver them to the public / investors.
Makes me wonder how much was spent on the EEGC site and who did it?
Yes I think it is a bit of churning and turn over with that OEH going on as well, but I think it will help push us up as well off any discovery. I think that would be the current play off any accumulation at this point. A nice pick up today at the end by someone with some spare cash.
If OEH do well, then I think Hunt will see that it is in its interests to also get the drilling done for the EEGC sites as well once approvals are sorted. Hunt could be very busy going between sites.
Nice little comeback at the end today, something up?
"Drill for oil? You mean drill into the ground to try and find oil? You're crazy."
--Associates of Edwin L. Drake refusing his suggestion to drill for oil in 1859.
Only one hundred fifty years passed by since the first attempt to dig out oil from the ground met such contempt, and now the whole world is trying to look for unimaginable places to satiate the thirst for money that is propelled and sustained on this black gold.
Source: http://www.oddee.com/item_96635.aspx
Depends how big, prefer it to be a sledge hammer.
I was looking at that top line also on the EEGC chart. Do you expect then some more horizontal work before the real break to the upside?
Don't worry I will be. as soon as I have more funds cleared. Any negs will be royally pwnd.
Shallow comments that will soon be shown to be seriously lacking any credibility. As Howard said:
Empire intends to start drilling at Bellevue and follow with drilling at the Thunderbolt site. Bellevue and Thunderbolt are the two largest domes discovered during the extensive exploration efforts by Empire and Great South Land Minerals (wholly owned subsidiary). Bellevue and Thunderbolt were identified as areas believed to be capable of containing substantial commercial quantities of oil and gas.
Empire has re-commissioned RPS Energy (a world leader in oil and gas valuations) to further evaluate and validate the Bellevue and Thunderbolt structures to underpin the US$3.3 billion (equal to US$10 per share) asset value determined by WHK and has arranged increased accommodation availability at Bronte Park to house the additional workforce needed to complete the work at Bellevue.
If the drill comes out it will be a great day indeed. That is what we have paid our money to see.
I think that .10 was a a very good indicator as you say Howard. That was my last trade area before I heavily averaged down.
It was a pity I was not up to watch the fun over night.
I see a couple of highs over Tasmania today on the weather map, so it is a good time for things to be sorted over the next few weeks, and it also looks good for the rest of the business objectives to be met.
Looking forward to see some more comments / photos again of some real action over the next few weeks.
Holding tight, happy to be in the green and enjoying the ride again.
I agree. Today is just the first stage of the rocket ignition. A bit of blow back, but the main thrust is still to come over the next few weeks.
If we have a pull back pattern like previously I will just be there to pick up more once I get more funds cleared.
I would like to pick up a bit more just to play a little on dips, but when I can't keep up all night to watch the US markets. I can't do such things easily. Mine has always been a buy and hold till the back gold strategy. I buy on dips as the funds come available.
I am just happy to wake up and find big moves like this. :D
What will close bring? :D
It was a pity I could not pick up more over the past few days due to not having the available funds yet, but I am very happy with my position and what I have. I might add more like others as things progress.
I am well past my average at .05 - so it is all green from here for me.
Fire up the Bar-b-que boys, and put a few beers in the Eski on ice. Today is one to remember.