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15.11.18 07:55
Share News
The price of the share GulfSlope Energy stood at 14.04.2018 at the end at 0.04 USD. The title is assigned to the industry "Oil & Gas Exploration & Production".
In a complex analysis process, analysts at our company have estimated GulfSlope Energy based on a total of 4 evaluation criteria. All of the individual criteria lead to a classification as "buy", "hold" or "sell". This results in a general classification of the share in the final overall analysis.
1. Relative Strength Index: Using the Relative Strength Index (RSI), a technical analysis indicator, it is possible to determine whether a security is "overbought" or "oversold". For this purpose, the up and down movements of an underlying are correlated over time. Let's look at the recent 7 days for the GulfSlope Energy stock: the value is currently 50. As a result, the stock is neither overbought nor sold, giving us a "hold" rating. The RSI of the last 25 trading days is less volatile than the RSI7 and adds a longer-term view to our analysis. GulfSlope Energy is neither overbought nor sold on a 25-day basis (value: 67.35). That's why the stock also gets a "Hold" rating for the RSI25. Overall, the analysis of the RSIs to GulfSlope Energy provides a "hold" rating.
2. Investors: The discussions surrounding GulfSlope Energy on social media platforms are sending a strong signal about the valuation and sentiment surrounding the title. At present, the comments and opinions in the last two weeks show a generally positive opinion. In addition, in the past few days mostly positive topics around the value were addressed. Our editorial staff comes to the conclusion that the company is classified as a "buy". In summary, the editors believe that the stock of GulfSlope Energy is rated as "buy" in terms of investor sentiment.
3. Technical Analysis: GulfSlope Energy, at $ 0.04, is now -20 percent off the moving average of the past 50 days, the GD50. This leads to the short-term assessment "Sell". On the other hand, based on the past 200 days, the rating is "sell", since the distance to the GD200 amounts to -50 percent. From a technical point of view, we therefore regard the share as a "sell" for the two periods as a whole.
this is gone be a positive for in the future . Iff a stock dropped from 0,55 to 0,085 it's time to step a side . Dr. Bill Williams is the " brains " from this project .
One of the things also to keep in mind is that some of the shares from the financing that was done in the spring started free-trading on the 26th which definitely has created some volatility in the share price .
https://zincone.com/news/2018/zinc-one-announces-non-brokered-private-placement/
I picked up more shares and have a big position in Z . I think they are busy with negotiations for the exploration off the mine in the future . This can the stock price brings to higher levels . This stock price is ridiculous now
that's what James Walchuck said in a interview
Jim Walchuck: We’re not an exploration company, we’re a mine development company. see bellow
https://business.financialpost.com/business-trends/zinc-ones-bongara-project-is-a-company-defining-asset
This is my post in 2015 ,
Philvb Saturday, 02/14/15 01:42:13 AM
Re: None 0
Post # of 1217
breakeven @ 25 $ see article
http://seekingalpha.com/article/2917136-gulfslope-energy-a-pre-revenue-25-oil-breakeven-gulf-shelf-e-and-p?auth_param=13cuso:1adtq9i:5232fd55019d7aea308e7a3372ff88ce&uprof=45&dr=1
With TXSO , you have to trade by day iff there is a movement in the share price . It's unbelievable how the share price sometimes tumble or rise . A took already many time profit over the year and I am out there . That stock is madness .
What about Tax loss selling in the US and Canada ? Is this gone start already , It closed 24 December and you have to sell until 21 December . For European investors like me it's always a black period then to see how people start dumping .
With the tax loss selling , I wonder what's the strategy gone be for GSPE . What I think is that they gone bring out the drill results then after 24 December .
John Malanga from Gulfslope let me know that " Tau should be completed Year end "
I still hope that Delek-Group brings an offer on Gulfslope , this is the only way it's gone move the right way. Always cash problems @ GSPE . And especially no communications @ all .Seitz put already 30 million in GSPE and don't forget all his friends , family,... who invest in Gulfslope .
I should think that after 4 Years Seitz and Co still have no internet . As a compagnie they have no respect to there shareholders iff you see this price drop again . We came from 0,15 . Shorters or not , give the shareholders something instead off being suspicious about where they @ for the moment . At this time it seems like iff Tau is gone be a succes the share price again gone move to range 0,15 and tumble again then to these current levels. That's not what we investors are waiting for .
This is what Delek-Group write me
hello,
Thank you for your query.
We expect an update on Tau sometime between November and the end of December 2018.
You can find the results of the drilling at Canoe on the regulatory filing section of our investor web site. (https://ir.delek-group.com/regulatory-filings)
Thank you for your interest in Delek Group.
Best regards,
Yonah Weisz
https://www.motor1.com/news/269558/israel-considering-ban-gas-diesel-cars/
That's maybe why Dalek-Group invest overseas to create a new income and keep the dice rolling.
https://www.hellenicshippingnews.com/china-stops-buying-u-s-oil-two-months-after-record-total/
It's a good thing for GSPE , they have an Israeli partner . Biggest friend of the USA .
iff you read this from the post earlier :
Delek has invested considerable resources in recent years in purchasing energy assets outside of Israel. The move outside Israel began about three years ago, when Delek acquired a stake in the Ithaca Canadian drilling company, and in May last year completed the acquisition of the company's entire ownership, while Delek invested $ 590 million in the acquisition of Ithaca.
Is Delek Group busy with a possible acquisition on Gulfslope Energy ? They have a lot of cash and that's what GSPE does not have .
https://www.globes.co.il/news/article.aspx?did=1001255877 I translate it
After several failed attempts in recent years, the Delek Group succeeded
(63,000)
Of Yitzhak Tshuva to receive sufficient response from the minority shareholders in the subsidiary Delek Energy to the tender offer it published. As a result, Delek will acquire their holdings in the company (11.8%) for NIS 1.1 billion.
This was after Delek's offer last month was answered by 74% of minority shareholders in Delek Energy (holding 8.7% of the shares). Following the high response, Delek Group's holdings in Delek Energy will increase to 96.9% of its capital, enabling it to make a forced purchase of the remaining shares.
The success of the move will now enable Delek Group's Delek Group to liquidate it and bring it closer to the group's main asset - direct holdings in 54% of Delek Drilling's participation units, which are currently held by Delek Energy. Delek Israel intends to expand its international exploration operations in the coming years, alongside the sale of the holdings in the Tamar gas reservoir and the continued investment in the development of the "Tamar" gas reservoir, as part of the Group's preparations for a possible overseas issuance of its energy activities in the coming two years, Whale ", which holds
Delek Group CEO Assi Bartfeld said yesterday that the tender offer succeeded, saying that "Deleting Delek Energy from trading will facilitate the simplification of the holdings structure and the cancellation of a layer in the group, and will provide great value to Delek Group shareholders. The move was part of the Group's strategy to focus our energy activities and become a leading player in the international market. "
The Delek Group offered each share of Delek Energy, which is traded at a value of NIS 9 billion, a package that includes 55 participation units of Delek Drilling, 0.92 Delek Group shares and a cash payment of NIS 640. Since the announcement of the tender offer last month, the Delek Group recorded a 10% increase, and Delek Drilling rose by 4%, which contributed to the success of the move.
In recent years, the CEO of Delek Bartfeld has been leading a focus on energy and other activities, and the group recently sold 17% of Phoenix's equity
(2,191 -1.84%)
To NIS 850 million (in a number of stages) and remained with a 30.1% stake in the insurance and finance group. After several unsuccessful attempts to sell the entire holding to an external investor.
At the same time, Delek has invested considerable resources in recent years in purchasing energy assets outside of Israel. The move outside Israel began about three years ago, when Delek acquired a stake in the Ithaca Canadian drilling company, and in May last year completed the acquisition of the company's entire ownership, while Delek invested $ 590 million in the acquisition of Ithaca.
At the beginning of the year, Delek also entered into operations in the Gulf of Mexico after signing a cooperation agreement with Gulfslope Energy and Texas South in 12 US concessions for exploration, development and production of oil and gas in the Gulf of Mexico (on the US coast). The two US companies have nine main prospecting drillings, of which seven drillings are for deep layers (6,000 meters or more) and two drillings for shallow layers (up to 1,500 meters).
Delek (through a wholly-owned subsidiary) has undertaken to finance 90% of the cost of the first two drillings, in exchange for 75% of the rights in the first stage of the drillings, for an investment of up to $ 50 million.
https://www.wsj.com/articles/hope-floats-for-offshore-oil-drillers-1539015289
Seems like the share price has to go down again also !
it looks like the share price has to come down again . Shorters are back in place ! Same old story .
pressure on the management ? They don't care what we want , they decide what they want or will do .
in March 2015 they talked about reserve split and and trade on bigger market . But later Seitz said in a PP that he want to protect the current shareholders and don't want to do the uplisting. See where we @ now ! @ this levels it's impossible to trade on bigger market . Market cap is to low with this penny stock.
You mention " I cannot invest on OTC since a few years back due to European regulations " . I live in Europe to. You can get your account with TRADERSONLY.NL and you can trade on all markets realtime iff you pay ( Canadian market CAD 20 per month and USA market include OTC $ 3 dollars a month ) .
You contact them , they send you papers , make @ € 5000 deposit first , and after that your papers are all ok , you can deposit the money that you want to invest .
that's why this is the reason this stock has to Chance market . OTC sucks and is manipulative . This is now for 3,5 years like that . New market brings a lot off new buyers .
it seems like someone is busy to keep the share price @ 0,0650 or lower . Look @ Txso 0,0104 for the moment - 42 % .
0,017 what the hell is wrong with those sellers ? 112400 shares for sell @ 0,0189 right now . This is unbelievable .
This price drop isn't a good thing . we even went to 0,09 today . Not a small volume today . I am in for already 1 year and this is painful . The management of this compagnie has failed ! investors are tired to wait until they gone find a exploration compagnie . 2019 - 2020 is still a long way
OFFSHORE write an article about about the Spuds. https://www.offshore-mag.com/articles/2018/09/gulfslope-spuds-subsalt-tau-well-in-the-gulf-of-mexico.html
This can attract new buyers .
iff someone go short on gspe they ( borrowed ) 1 million shares @ 0,10 from a real shareholder ( without they know ) . Then gspe goes to 0,05 , then they buy back those shares and make a profit of 0,05 per share X 1 million . So easy money then . Iff you can do this for months you get paid of well . This is poison for real shareholders who believe in there investment .
that's a good thing . $ 20 - $ 25 dollar . That's cheap , wish I lived in the USA , I should be there also with a lot off questions for them . Maybe they are looking for a partner for there new lease sale 251 .
No action anymore on the board . Does this gone be until Tau should be completed by the end of the year ? Hope they give some updates , so we know what happened over there . And so they can attract new buyers / investors .
God thank for that . Let the beast go .
investing all your savings isn't the right way to do . I bought yesterday AGAIN @ 0,0425 and 0,0455 , because I am still confidant in this project because Delek Group is there partner . But partner is for me a great word ! Gspe has only 20 % working interest , TXSO 5 % . This deal was to take it it means the end of GSPE. ( that's my vision of course ) Still 20 % off 300 million barrels in Tau is a lot of money.
More than 3 years they have a cash flow ! ( that I know ).Seitz has lost his baby to Delek Group . Delek, acquired rights to a 75% record title interest in nine prospects. In these 3 years I wrote many e-mails to them , to complain about there less of information the the shareholders . Iff I have luck John Malanga write me back. What I done't understand is that they never give updates like now , is The high-spec Rowan Ralph Coffman jackup rig already on the Tau Subsalt Prospect or not ,... These are all information we want to hear , we are investors and we want to know what happened with the money we invested !
Good luck
it should be , that's the latest news of GulfSlope
The high-spec Rowan Ralph Coffman jackup rig is expected to be under tow to the Company’s Ship Shoal Area, South Addition Blocks 336/351 location by August 31, where drilling will commence on the Tau Subsalt Prospect. This will be the inaugural well in GulfSlope’s Phase 1 Subsalt Drilling Portfolio of high potential prospects, which will test Miocene reservoirs beneath thick salt sheets on the shelf in 300 feet to 400 feet of water depth. At a planned depth of 29,860 feet measured depth (26,132 feet true vertical depth), the Tau Prospect exploratory well is projected to drill one of the thickest sub-seafloor geologic sections in Gulf of Mexico history almost five miles below the seafloor.
were all screwed @ this level . but iff Gulfslope find a partner in Israël then I think we don't have to worry This is gone be better in the near future .Shorters , panic sells ,... brings the share price down again and again,... Delek is a big compagnie and they have done there homework properly . After 3 years I seen it all happened before , it's like reading a novel .
the deal with Delek Group and TXSO is of course also important and positive .
The only thing that I was positive off , is that Seitz said in March 2015 we're do a uplisting in the near future ... A few months later Seitz said " foo protect the current shareholders we're not gone do a uplisting . And now 3 years later it still the same story . Some good news share price goes up and then it all goes down again to lower levels like now in 1,5 moths from 0,15 to 0,06 This is not how it should be for a stockholding compagnie. Information is attracting new buyers and keep the current shareholders satisfied . That's my opinion.
iff I had a Cristal ball I should answer all those questions . But GSPE isn't a compagnie that comes with regular updates or information on what they do or will do . Time will tell .
information from Delek Group 2nd Quarters results 2018 . Hope this will attract new buyers. I bought a few time @ 0,069 and @ 0,06 this week , hope we find a bottom and support @ 0,06
Gulf of Mexico
Delek Group finalized an agreement in January 2018 to acquire oil and gas assets in the Gulf of Mexico along with GulfSlope Energy and Texas South Energy. Exploration began during August 2018 at the Canoe prospect, at a cost of USD 7.5 million. Initial information from the drilling shows layers of sand have been found with oil, but there has been no announcement of a discovery. The site will be temporarily abandoned pending further analysis of the data, with the platform moving to start drilling at Tau prospect in September 2018.
https://www.prnewswire.com/news-releases/delek-group-announces-consolidated-second-quarter-2018-results-300704735.html