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And what was the financial release saying. Short reduction if possible...
tnx
can you give the link to the pr were eegc is stated that they would commence drilling the 15juni! I've never seen a pr that stated that...
With kind regards,
Should this then really be the quiet before the storm!!!!
LETS HOPE SO.....
Howard,
what are your sources say for the moment! See my previous post. Why wait till this late evening to post the pr, when it was already expected on Thuesday? The longer it takes to post the pr on inside info based, the more I begin start to doubt that it will that good news where everybody is waiting for...
If the PR is not coming today before the opening hours of the market I don't believe it will come this week at all. Then I expect a PR somewhere next week but nothing more than positive pep talk again... Sorry, just my opinion!
before or after the opening of the markets hours?
Hi,
post i have from the yahoo message board. Can sombody say this is bashers talk because if it's thrue what is written there, then we are no-where...
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heard about the meeting in europe from a banker freind in the UK, but i
reckon your onto a very long shot, they are aware of all the issues with the
company and will want to take a very large chunk,for not a little cash. I
know how these guys work, I have been investing internationally for over 25
years, Empire is going to get screwed either by the inept management or the
bankers, either way, the general shareholders lose
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Yeah, nice way of thinking!! That's been very possible.
Next pr could then be that financials are OK but that they're waiting for drilling till license for Coal is ok!
Two remarks here:
1) how long does it approximately take to get a license like that? Anybody on this forum that's have some insider information about this, somebody with contacts in Tasie (Australia)
2) was there no other company already with a license "Coal seam gas" and can more than one company apply for the same license for the same regio because if I remember well that other company has overlapping sell's with that of Empire
Greetz
Why don't you just answer then with yes or no in stead to send all those unvailable links... and loose or time!!
The form S1 filled in today means nothing to me? What do we (I) have to understand from the form S1. Which info can we take from it??
Thanks for any answer...
Yep and?
And then another thinking. Even they have used the wrong type of Rig, How comes they didn't manage new money to install correct type of Rig (Like now!!) Financial crisis was only last year still till now but not in 2007...
Anyway If drilling continues now, A big mistake in 2007 that can make us (new investors) miljonairs now...
I'll hope people who are sitting for several years now on this stock (And lot are) should know about it... I'm currious to their anwsers!! Please respond!
What do you mean with "but it was the small rig that EEGC got rid of"
So EEGC has started drilling but found nothing??
What was the reason in 2007 the drilling was not started even they told drilling starts end of mei...
At least it's only four months more we have to be patient After that it's al over
In my opinion Howard the price will not be go to the zero level because there is now that merge with the geominex company and eegc will profit of the gains of that company. So when eegc will not start drilling eegc will just remain a pennystock and maybe once hit again the 0.1 level! That will be the only consolation at least for people who byed the stock under the 0.1 level!
Strange there is no pr coming out before opening of the market. As good CEO or general manager you have to inform your investors to clarify no?
Maybe you're right we'll see the 0,01 on the board but it should only be the calculated value... Today there will be allmost no volume because everybody wants to sell their shares but there should be nobody to by those shares
If well, I mean if there will be a huge volume, then there will be going on something we're not knowing about...
What is the ticker from geominex! Where is it listed anyway? Nasdaq, Nyse, London?
Howard what I do not understand is, eegc stated that the funding was ok (see video and also latest pr)!! Now, you're saying there still working on it... How can we stay believing those men...
Howard, are you that sure the funding is ok and drilling should start soon... how many times is not told already that funding is ok and drilling is starting soon. I'm really get tired of this... I'de like to hear it from you one more time only if you're 100% sure...
Howard,
is it allowed from Mike Blalock to tell when the drill will start. Isn't that the task for Malcolm or PR...
Opening market is approaching and still no pr this week like stated by one of the Belgian Guys...
bunyip,
I think this may be an answer to your question...
http://www.empireenergy.com/pdf/beaconreport20october2008.pdf
It's the link to the "Beacon Equity Report"
enjoy reading it...
Old news has been stated in that report!!
tnx howard
Howard I hope you will be soon ok! Can you give at least the link of that new report, tnx
That should be a very nice birhtday present because that day is my birthday
EarnestDD,
you forgot to mention the most important word in that last PR namely: officially
In which of previous PR's do you have seen appear that word??
This has to make you think no?
Howard, aren't you to premature! In my opinion stock will only rising the day they announce start drilling date or even worser the day they effectively start drilling...
Can somebody told me what's the link with http://seacoast-consulting.com/site/
It looks litle bit spiritual to me...
I Think Howard can tell when the pr will come...
Howard,
let say eegc finds oil next month or litle bit later, when do you think the company starts paying dividents...
Yeh, sure thanks
Yes Howard, that is wat Pure Energy has stated. Anyhow, one question left, if eegc is drilling on a site where there first discover CSG and then OIL or GAS (because a lot deeper) will there be no mixture then on the end...
Howard,
also from my part, welcome back... I'll hope you are ok! What do you mean with hypothetical? I just want to find out what will happen if one of the companies find something they have no license for and the other does! It makes sence to me if you invest some money in a company you will know everything that matters no, and licenses are very important in this case...
Also noted how fast I've got an answer from Pure Energy, mail sended yesterday evening and now already an answer... Something we can not say from EEGC!!!
Here the answer from Pure Energy concerning licenses within overlapping areas...
Gerrit, the way the grants work in Tasmania (and Queensland), is that CSG
and conventional oil and gas are two separate entities. If GSLM finds CSG on
our tenement they cannot exploit it and if we find oil or conventional gas
on overlapping tenements, we can't produce and sell the resource. The depth
of conventional oil and gas is much deeper than the coal we drill into, so
GSLM would likely drill through the coal, but not test it and we would not
drill deep enough to get to the conventional resources.
Hope this helps.
Regards
Steve Beardsall
Managing Director
pureenergyresources.com.au
Level 9, 243 Edward Street, Brisbane
Ph: 0409858329
Has nobody comments on post 2474 and 2475?
Somebody knows what happens when you find something where you have no license asked for?
I mean, what should happen if pure energy finds some oil (in stead of CSG: Coal Seam Gas) in the overlapping area where EEGC has licence for OIL?
Somebody knows the answer?