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Good post
There you go , your all set.
Not yet , I went out and got one of those new fangled things that tells me the day and month and year when I want to know it. It works great . I think it's called a calender or something like that ROTFLMAO
by yourself some cheapies , blow $10 and get 10000 shares, never know
That is true, it has a long history before EDEX .
This is what it does, Dirt.
Eldorado Exploration, Inc. is an independent oil and gas company
that utilizes a process called Passive Induced Polarization 'PIP' to
detect electrostatic signals given off of some geological anomalies.
In most cases, a positive response indicates a hydrocarbon
accumulation and a negative reading is almost always a dry hole. When
used with the standard geological tools and methods, the PIP process
enhances the odds of success for discovering oil and gas. Additional
information is available at www.eldoradoexploration.com.
It dosn't gurantee anything Its a tool that points to smaller deposits and maybe something missed , again Exxon is using a similar system now so there must be some validity to it.
Exactly , best little oil company out there !!! Glad you have seen the light
I seem to remember something of the one being more a proof of concept for PIP and we had a very low if any percentage , and we were not the driller operator. . Don't forget PIP is not designed to tell you there is recoverable oil in a certain location ,rather a tool that will tell you yes there are hydrocarbons present and its a good place to examine and possibly drill. It doesn't tell you porosity or depth to any exactness . Pip is the initial and then other tools come into play to confirm that it may be profitable to drill. So far from what I have seen it needs a bit of tweaking to up it's ability to analyze possible size but it really hasn't been wrong yet. Everywhere they drilled they have found oil or gas . In North Dakota it pinpointed more accurately where the center of the source was but drilling mistakes ruined the well . . In Illinois it did locate deposits but they were deeper than otherwise thought . Other projects did not produce recoverable amounts but the oil was there. One well was not aligned and missed the reservoir by a few degrees and porosity has been a concern in a few others . Mesa is still a prospect and if we have a few good wells we can go back and possibly develope it . If natural gas starts taking up a large portion of our energy policy by replacing oil and coal we may yet have a gold mine there.
All in all it's a gamble this wildcat game, but so far it's been worth the price of admission for me. Im just sorry I didn't go into the oil game 40 years ago when I started working. It would have been as much fun as what I wound up doing .
Wasn't our well to pr , not sure we even had a monetary interest in it. If it was it was a tiny tiny percentage.
He's due , start going 0 for 7 then bat 350 for the year and win the batting crown.
Happens all the time. We just need to drill 550 wells and hit about 209 of em. Id say thats doable over the years once we are big time.
I'll drink to that
that 40 k was me . I buy em if people want to give em away . Wonder if coplymet is still buying?
OT Hope you didn't buy in at $5 , at least its come back a bit . Why the big slide from $5 a few months ago to below a buck?
It's deteriorating because people sell it to me for nothing . Wanna give it away Ill buy it, it's not like it's a lot of money.You buying still Cop?
You get what you sow
Not being a critic , I would like to go anyway
Hopefully it will cover some of our losses while we wait for the big one. If this one hits the center and we can get some offsets off it it may be a big step for us. Make it easier to get funding for other thing .
Next well coming and more irons in the fire. Tom is the company and with it small and just a few employees he can keep it going. We will hit soon , could be worse you could have had stock in Bear Sterns or AIG and your retirement is gone. From the venom here from some it appears that's what happened. Sure I don't like not hitting anything, would I rather we make money ? You bet, am I disappointed we have gone from .25 when I first bought shares to today , Yup but when you need to put things in perspective. Buy into a wildcat play and hope to make out but know you may not . it gives you a patience level when you take a gamble and not an investment and you your down with fun money . I guess Im fortunate in that case but I've been buying all along for years and my cost basis is extremely low and I have a lot of shares . its a gamble and if we hit Ill be very pleased if we don't I'll be disappointed but not for the lack of Toms efforts.He wants to be a success and rich . When he makes It I will. If he doesn't then he owes me a beer.
Your a joke, you just can't stand the fact you lost money you can't afford to lose. How many times does it have to be said , wildcatting is going to a casino, don't bet money your going to miss . Keep selling boys and me and Cob will keep buying.
wanna bet , put your money where your mouth is
Right on .. Ill drink to that .. Oh right I'm already drinking guess Ill have another !
I think thats there problem they invested the family life savings and now are crying or been thrown into the street by a PO'd spouse.
So don't buy it or sell it ., what's your problem ?everyone knows it's a gamble, if you lost thats the way it goes . get over it already . nobody cares what you say because we all know the situation and if comes back great and if not , it was a risk we all decided to take C'est la vie. Al the EDEX and Tom bashing is just BS , find something to do with your life .
hoo rah , lets hope we get some positive news.
OT You want to see crap go to any yhoo MB , citi edex f gm , you think their aren't any nuts around , you got to read some of their garbage
Top what a good idea Swordchaser had , on ignore he goes as does energyguy
Thats the spirit Tom .
couldn't say it better myself.
Pump This AH
We keep trying ......
Thanks , heres hoping your dreams come true.
I'll drink to that ! See that was easy
Ill drink to that , and anything else you might have in mind
Thats rough, hope we make too so you can gloat a little.
I wanna be richer .
Think he said 2 weeks from drill start which should have been 4/23 , week from this Thurs give or take?
Im with you.
got that right
Some people here need the $80 or $100 for 100000 shares . This is rolling dice pure and simple but we do know the dealer personally so we may have an edge . Im with you I cant think of a better way to have fun and gamble on a big win then something like this it's dirt cheap and if you in at a much higher price , how much can a few bucks mean to anyone , you already lost the bulk on paper so why not hang around and see what happens. . It beats me but I keep my bid low because why should I pay more if they want to sell cheap?