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Looks like we are going to test the .40's again. Didn't take them long either.
Now the million dollar question is which way is it going to effect it. Looked like investors hedged their bets today with the stock trading sideways. Tomorrow and Wed should be interesting.
The country made agreements with other companies, including ExxonMobil, but they were apparently just as bad.
They kinda glossed over that one. What the hey...we're used to the drive by hits at this point.
OT Interesting documentary on the science channel called What if: The world ran out of oil. When china gears up, the tank will be empty in a hurry.
Gas in Ma has ballooned over .35 in two weeks.
Looks like a lower open for sure.
I'm not saying a buyout couldn't happen before drilling. He]], from the buyers perspective it is the prefered timeframe. But if it does, be happy if we get $1, VERY happy
Yeah I guess that was the reason why I didn't sell when it was .97 I was holding out for the .03 LOL
Last time I checked, we are a BB stock, not on the pink sheets, which makes us a fully reporting company. IMO a world of difference.
Alpha Trade .45 x .469
That and an announcement of a drill ship in the area LOL.
.53 on the ask
Many of us "longs" 4, 5 yr holders have bought in at different levels. Some real long time holders have bought in for under a dime and are sitting on free shares. I starting buying years ago at .20 and have added always thinking it was the "bottom". My average is .47 This has been a rumor driven stock and until rather recently the company was stoney silent with the shareholders.
Recent company PR's from ERHE, and drilling partners, plus Chevron's position in block 1 have positioned this stock for a huge move.
This week the stock can fall back from last weeks more than 100% gain, but it also, with any positive news , could double again IMHO. good luck and welcome aboard.
Good to see you back. Heading to Houston?
I am starting to think they intended on us finding the info on the board. Dan certainly monitors it for FAQ's and he knows the tenacity of the board to do extraordinary DD when necessary. Grassy knoll theory? perhaps
I was told by a long time investor, who was one of the attorney's that worked with Offor when he first got the company, that this would be a $100 stock. Who knows, one thing for sure it ain't .20 no more
Monday?
Thinking about it and will probably stay at a Marriott.
Nice 100M plus share purchase @.46
Green by the hair of my chin. Now I should consider not shaving LOL!
What would have been better is if Luca actually explained exactly what was being discussed on the white board. Ackmowledeging it spoke volumes IMO. I also felt there was a certain tone of excitement to it or maybe I'm reading more into it. I think we'll see sooner rather then later.
I have to agree with Oily, in as much that this pr comes out in mid-day. Usually these come out after hours.
1 million shares and a dime short.
1 million shares and a dime short.
Coming in or going out?
Hey Oily tell us when your finished selling!
It would be pretty neat if where right on this one. Don't worry, most on the board take most of what you say with a grain...., make that a large grain of salt.
To Act upon any other matters that may properly come before the meeting.
What does properly mean? I thought if there are any new proposals or issues the shareholders must be given 30 days notice before the meeting.
For Addax & ERHE I think there is, the hard sell is Sinopec IMO.
Good read BB. I agree with you about this being staged. If they did they went to a lot of trouble putting up much of what has been being discussed here for months. Certainly not a coincidence in my mind. As far as it being for publick consumption. Who knows. The FAQ's I believe are being gleaned from this board. They should know at this point that throwing anything and mean anything up for fodder will be looked into 10 ways till Sunday and then some.
This meeting seems to be people discussing different scenarios intstead of a formal presentation. A formal presentation would be done with a power point presentation IMO. I do believe that this was done for publick consumption, the question I have is why now? One thing for certain, at least on the board they were discussing, there was no mention of drill ships, drill dates, reserves etc. IMO they have a number in mind (SP) but the $64M question is what that number is.
Has anyone got a head count of how manhy of us are planning to attend? At the last SH meeting, I dinn't recall the company using the phrase on Shareholders proposals. It still leads me to believe that there might be some sort of announcement as the meeting draws closer.
That's Stockhocker holding the sign. (I don't know if he is still a share holder)
Guy with the grey hair and beard is Jimmy ? friend of Drago. Me the the misses, the next person I can't recall his name and I think the guy next to him is Beasly(?) attorney I believe from Houston. Stocks (golfing buddy) and I am not sure of the rest of the folks.
Found it. Need to get my eyes checked. LOL
I clicked on photos, its not there. where is it posted? thanks
The most cogeant post of the day!! LOL
2) To consider and vote upon a shareholder proposal, if properly presented; and
(3) To Act upon any other matters that may properly come before the meeting.
That's a wide open statement, or is it standard? IMO they may be anticapting something significant to vote on, or is it just wishfull thinking?
I had e-mailed and recived a reply from Keeney stating that by law the company must send out the ballot and agenda for the meeting no later than 30 days before the meeting. I take it, that we should know something this weekend or by next Monday on what they will be talking about.
I would hope for a pr after the close today or sometime next week. I would sincerely hope that there is something significant to vote on.
Barry Morgan alluded to that point two years ago when CVX made their find. Its been hush hush ever since. Seems like the company is starting to present an ever better posture for themselves.. A far cry from where we were thats for certain.
I would hope that we would be worth a dollar or more with confirmed drilling dates in place. If we get proven in the next 18 months or so....well that's the million dollar question.
Blesses are those who paint the tape. LOL