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Never has a claim sale payment been reported via 8K. Not sure why he would start now? Look for it in 1Q.
Congrats you get a chance to make your first trade. Meanwhile we need some major momo from the rig report to make this 6 straight winning weeks.
LOL doesn't that depend on where we are a few weeks/months from now? Your savings may cost you a ton.
Every week for 6 weeks buying below $3 and selling above $3 has worked. Look for that to happen again this week.
Good morning! Hope everyone loaded the boat yesterday.
Looking for $3.25 post rig count report tomorrow!
Buy Wednesday around the EIA report and sell Friday around the Rig count report. Worked 5-6 weeks straight so far.
With any luck you can get another trade early in the week if you can be quick and get a price swing.
LMAO
What a great day for oil!!!
LMAO 99.99 - 100 is less of a change than 99.98 - 99.99 but Kaboom huh?
What else could go wrong yet oil isn't going anywhere now is it?
Can't wait for another excellent rig report on Friday.
Love how the API report is worthless yet the same guy now says it's the reason for the sell off.
False UWTI based on April futures now. Back then priced on March futures.
Decay folks need to know what they are talking about.
Sold my DWTI hedge at $127 and have a buy order in for UWTI at $2.50.
Going all in.
In line with estimates at +4.5M barrels.
Right in the middle. Would have perferred really good or really bad.
LMAO a decade over $100/barrel and oil is now over valued at $48?
LMAO
20 minutes will decide what is what.
http://ir.eia.gov/wpsr/wpsrsummary.pdf
Oil goes up now or oil goes up next week. Whatever happens oil is going higher.
Personally it would be nice to see a few miss the bus waiting for a cheaper ticket.
Then sell and UWTI and go long DWTI.
Market won't move much till EIA report at 10:30.
See you after that.
Or you can just read XIMEN's PR from last week. http://ximenminingcorp.com/wp-content/uploads/2015/03/NR-XIM-Mar-2-2015-Final-Drill-Results.pdf
It will be reported as they always are in the Quarterly reports. Until then longs can always email corp@northbayresources for information.
Ridiculous comparing NBRI's small amount of debt to the U.S. $17,000,000,000,000.00 debt. Just completely laughable ridiculous nonsense.
Nonsense again, NBRI has already received $300,000.00 for the claim that at most had cost them $10,000.00.
Ridiculous to say $6K profit on the Brett claim sale.
Yes as discussed zillions of times here the Brett buyer can walk away and give back the claim to NBRI at any time. However $300K is $300K for a claim that maybe cost a total of $10K after development costs.
Also yes before the dead horse is whipped yet again XIMEN's stock has dropped so today's value may only be $200K-$250K however NBRI will own much more of a percentage of XIMEN once the claim has been paid in full then they would have owned had their stock not dropped.
Oil holding above $48 as normal. Dollar already has gone ape shit 2 hours from now won't change that. If the EIA report is bad this will be a true test of $48 support. However if it's good no reason not to buy the crap out of UWTI.
You can bet if API would have shown additions over 10M barrels it would be posted on here as the gospel truth.
LMAO keep waiting for $40.00 it isn't coming.
Uh you forgot about the claim sales again.
Crude inventories decline! WAKE UP!
Your forecasts for $40 have been wrong 100% of the time.
You've been wrong every time so far also.
Ignore decay, just trade frequently and only hold when the price is moving your way.
Yes storage is running out. At the current pace storage will be exhausted in 5-6 months.
Of course they can build more storage overnight and reduced drilling will lower production wwwwaaaaayyyyy before then but yes storage is running out. LMAO
So what is your point? For 30 seconds yes and dozens of posts that day wrongly stated $44 coming soon!
LOL as told after the fact of course.
When something happens that corresponds with the chart it never lies.
When something happens that doesn't correspond with the chart it's never brought up.
Yeah only heard that 436 times in 8 weeks. Not holding my breath for something that has a huge amount of support built up.
For the 1875th time over the past 8 weeks $48 isn't falling.
Yeah 17 trillion $ worse than NBRI.
No doubts.
But parity will be reached very soon. Not far to go from here. Once that happens the dollar stops flying and oil gets a chance to gain some ground.
Not to mention later this year when a decreasing dollar may send WTI flying very high very fast.
Crashing?
Dollar flying.
Inventories flowing over.
Seems nothing can get oil down any further.
This is extremely bullish. Rebound expected to take place very soon.
Let's not talk about crashing when it's not crashing.
There you have it folks. NBRI worse than the U. S. National debt.
Now it's not "all about the dollar". Chilling.
Uh the discussion was why the drillers are getting smacked today. You jumped in and changed the story to your own which is unknown to anyone else.
However oil was higher today wasn't it?
Tell that to the drillers who are drilling half as many holes as they were 5 months ago.
Dollar strength is just coiling the spring oil will have later this year as it comes down and production plummets.
Setting up an awesome looking next 3-9 months.
No pounding them because nobody is drilling. Also completions are being delayed. These are bullish for oil, and terrible for drillers and completion companies.
Typically buying on the inventory report weakness and selling on the rig count report strength has worked pretty well.
Lately bad inventory reports have moved crude higher while last Friday's excellent rig count report caused a small sell off.
I will try to sell at the high later today or tomorrow and buy back when the selling happens before the EIA report on Wednesday. Hold that for the rig count report Friday.
I may buy/sell before, during or after these reports but will keep a core long position in UWTI with a small hedge in DWTI.