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I told you something was up yesterday with that little pop!!! lol I have just woken up to see this. Fan-$^%$^%-tastic. I just need to go back and read the posts now. A good day for longs!
Beep beep I hear big tucks backing in to load up bigly.
Kaaaaaaaaa Ching. Break out trading baby.
A little pop today is a bit different than that past few days to walk up against the moving average. Maybe a precursor to another break to the upside? Anything going on that someone wants to send me a private message over? (I can't reply) Otherwise, I'll go back to watching the paint dry. Oh, and now it just hits .024 as I say that. Bounce tomorrow?
Take the fullstop off at the end of PORTAL on the link
Good to see another bounce to the upside today. Back to push against the 0.04 soon. Maybe one more slight dip before the big break on news. Beep... Beep... I hear investors backing up the truck to accumulate.
I'm sure in the future that will happen when the position is much better as you say. Just another one of those things in the book of errors to learn from for the future.
I did pick up from the older news that the rig wasn't suitable due to the studies, but didn't pick up on many details behind it or who actually owned the rig at the time.
Yeah I could of said some more colourful words to describe it, but my message might of been pulled for bad language lol
We need our own rig again for future discoveries.
What was the spec on the drill rig that was sold off? Would it of been suitable for the identified sites? damn, that was a mistake. Reason why? Would of been good to have it about a year ago!
I can do that sort of thing if needed.
Now that the pps has fallen the bigger buy orders will come in. Hold onto your seats.
Watch for the bounce people - the end of the week will bring us back up again. Some people will be having fun trading the dips to accumulate more.
Who purchased this one after the 0.028 ? 6666 @ 0.03 OBB 15:41:18
If the wall doesn't break today but holds close, we should get over it next week with this momentum.
Lucky I was picking up more @.023 and .022 over the past couple of days. Will we get over the MA50 today as I was predicting?
Beep beep, you can hear the trucks of the big boys about to back in and load up again bigly!
ok, thanks. I was looking on the ABC site to no avail It would be good to see it posted online.
Are there links to these interviews online?
Yes we won't see the true move until then. Let's hope that there would of been enough consultation on this by the company to make it 3rd time lucky?
How long does it take for a decision?
Good luck to all.
Good to see the news come through. Good timing for the pps to turn with support.
Tomorrow is going to be interesting to see the wider market reaction to this news release. If it is anything like the move a few weeks ago we should see this going over the MA200. I would be happy with that for now. I'll reserve my calculations for later, but good to be entertained by the ultra conservative numbers.
A few blocks going through at the end of the day there. Still seems to be holding the MA50 ok. Will be interesting to see how things hold over the next few days. Still no jumping yet - the world is still turning, so will the wheels of progress move us on to the next stage.
I don't see any people jumping out. The whole 30th Sept thing is sounding more and more like some hollow doomsday fanatical cult speech.
There is no tsunami - (other than the real one off Samoa this morning NZT from the 8.3 quake).
Great, thanks Howard for those insightful comments as well. I wish I had cleared a lot more funds now than I did!
My account funding did not go through before market close to pick up some at the end of the day, but I did wonder about that last trade that went through at the close.
Will see what this week brings. I would like to see more support come in this week on the trades. Good luck to all. Spring optimism is in the air.
This table is an example if shares were sold.
Page 32.
The following table sets forth the shares beneficially owned, as of the date of this prospectus, by the selling stockholders prior to the offering contemplated by this prospectus, the number of shares each selling stockholder is offering by this prospectus and the number of shares which each selling stockholder would own beneficially if all such offered shares are sold. Except as expressly set forth below, none of the selling stockholders is known to us to be a registered broker-dealer or an affiliate of a registered broker-dealer. Each of the selling stockholders has acquired his, her or its shares solely for investment and not with a view to or for resale or distribution of such securities. Beneficial ownership is determined in accordance with SEC rules and includes voting or investment power with respect to the securities.
Page 33.
(2)
Assumes the sale of all shares of Class A common stock registered pursuant to this prospectus, although the selling stockholders are under no obligations known to us to sell any shares of Class A common stock at this time.
Yes I would like to know that as well.
Show reference links to information sources please. Does he know the company janitor?
A PR postponement could end up being a good thing, as it might be a change from the end of week release pattern. Santa could not make it because Rudolph got the flu? Maybe a weekend recovery and some Tamiflu to sort him out would help.
I'm picking the PPS to test the MA50 area further before we see the next significant move off any news release - JMO.
Here are a few comments on oil that I picked up from a recent Bloomberg interview.
Recession oil price = $70
Oil needs to be $70 and above to keep the producers happy and is expected to be a lot higher when the economy gets moving better.
Electric cars - Infrastructure still needs to be largely developed and would be at least 10 years plus to support full electric cars with better charging range etc. The hybrid is still the most likely model for some time. Companies in the news offering full electric cars can only compete with oil over $70 and in their business model they predict oil to move much higher based upon current recession pricing. Manufacturers have commented that they want to capture 10% but other analysts say it is more likely only 0.05%
Meaning that anyone who has a big oil source, will still be making the dollars for quite sometime due to demand - if they can get it out reasonably efficiently.
Further USD devaluation will also have a pricing impact.
I would be much happier running the calculations if we had a confirmed source!
Well Howard did say that Santa was coming, he just didn't say when, so I hope it would not be December!
Always good to take the EEGC green days what ever way they come. I'm happy for it to keep going horizontal till more support is found underneath or the next news release makes an entrance. I was expecting to see more horizontal drift for a few days. Not much in it at all.
I am getting wiser by the day from everyone
And only 4100 to bounce back to 0.03 :) small numbers pushing it around. PPS still very much in a holding position till something comes.
No indication on how many sleeps till then Howard? It is hard to stay patient when you get excited about Santa coming to town!
Such a lot of huff and puff going on without much movement on the PPS today. Shows that it is having very little effect. I think those on the short side must be feeling discouraged over their performance for all the work they are putting in after hours. My house is built of bricks with a good foundation and I'm sitting in nicely and waiting patiently on the next news release.
I also have double glazing on my house so I can't hear the noise outside.
I haven't been back to check on this dog for a long time. Will it ever get out of the dog box?
An interesting presentation that mentions the problems that small biotech companies like CBMC face. - See the fail to deliver comments for penny stocks.
http://www.deepcapturethemovie.com/
Going good today Howard on those posts.
I noticed sites like American Bulls posted a buy status today. I imagine we should see more buying support come in towards the end of today / tomorrow.
http://americanbulls.com/StockPage.asp?CompanyTicker=EEGC&MarketTicker=OTC&TYP=S
Also for the newbies other than the MRT post that mentioned the economic conditions, don't forget to re read the CEO update with the MRT comments.
http://www.empireenergy.com/ceoupdate.php
Have good weekend. Nice spring weather here so I am out for a walk. I'll be checking in on my iPhone as well gman55. EEGC ihub is in my RSS bookmarks :)
There also seems to be a period like a couple of months after the date that I am unsure could be used for drilling? It could be an extension due to the economy, might not be an extension, maybe a whole new license? who knows. I think they have spent enough and shown that they were ready to move into the drilling stage to retain the "good standing" license agreement.
I have seen comments before regarding MRT. The relationship was referred to in business speak as in "good standing". I will be interested to see how this plays out as well or to get an update on what the current status is. I think this would come after the next rights announcement. JMO.
People who buy larger 250k blocks know what they are doing to pick up on the pull back to support. I thought that we would see this towards the end of today. Anything coming in like this is in anticipation of something positive shortly.
My small 25k block got triggered off from the low in there before those larger blocks came in.
The rights have had a number of months to be sorted with some recent adjustments to make it happen. Probably just the stamp of approval now as others have mentioned.
As long as the accountant and the company that EEGC used to do the filing have done their job properly with the submission, then it will probably go through fine and then we will probably move to the next level. If not, it could potentially mean some adjustments to meet requirements.
Until then, it is probably just a pull back to find support and open a bit of a spread to trade between until then. Buying is coming in on the dip so nothing to get too concerned over. We are seeing support come in on the lows.
Horizontal we will probably go, till the next upside break.
I could be possibly buying on the pull back as well
There is still some great potential here, but we probably wont see the upside move till end of tomorrow.
EEGC behaves just like my real girlfriend too, difficult at times to understand and says great things will happen in the future. I have posted before that my girlfriend has a bit of a sixth sense about future predictions and told me I was going to be wealthy soon.
Capt, I thought that the posters on Yahoo should of been told to go to a new board. While referring to other companies is ok at times if it is done in context then that is ok, but it looked like a take over situation.
The way that this is holding compared to the first break out then I am predicting that things will keep moving step by step with a bit of slight pull back in between. Those who will miss out on the rights will only drive the PPS up further as it is their only chance to accumulate cheaply.
Good to see the pps holding round the top from yesterday. A bit more horizontal pressure build up and this thing will be off again. Lots of volume but not much movement - interesting day.