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Hopefully a better day for oil. RSI reset here also ready for the next step up the chart.
$EEENF
2 weak days in a row for oil company stocks but the DD here hasn't changed. I'm calling $EEENF undervalued until this is trading in the .20s
Merlin-1 testing program update: https://clients3.weblink.com.au/pdf/88E/02387536.pdf
(6/23/2021)
My bad, here's another article from the day before you can view on the topic, https://www.murkowski.senate.gov/press/release/biden-administration-defends-alaskas-willow-project-in-court-
At least reassuring that oil region won't be shutdown by a corrupt government.
$EEENF will likely be paying dividends by then.
Oil is taking another hit today, that's the reason for red here I think...
Once tapped that's 100,000 barrels a day for almost 44 years! Even bigger than ConocoPhillips discovery just north in 2017 that is now pumping 100,000 barrels a day for the next 30 years!
In my opinion ConocoPhillips will most likely buy EEENF's "Peregrin Project" in the near future.
$EEENF
Here is an article about the "Biden Administration's" defense of a major ConocoPhillips oil project just north of $EEENF, https://www.nytimes.com/2021/05/26/climate/biden-alaska-drilling.html
(article referring to the "Willow Project")
With 88 Energy being fully up to date on ESG reporting standards they will not have an issue.
The re-incarnation of Nostradamus you are......... Your predictions are prophetic, thanks for the tip!
Red for no reason today?
Lol no kidding, instead of a regular yachts we might all just have to get solar powered catamarans instead.
Hopefully tomorrow will be a better day for oil. Never know, news might even be posted tonight, keep an eye on the ASX Australian market. To many people catching onto the DD here for these prices to last much longer, new highs coming sooner than later imo.
$EEENF
Excited about the coming days here :)
$EEENF is making moves!
Have you done any DD on the "Willow Project"? Just north of EEENF's "Peregrine Project" (Merlin-1 & Harrier-1 test sites). This is very relevant to anyone that wants to gain some perspective.
This was a mega-discovery from 2017 that is booming now, owned by ConocoPhillips, and they even have the full support of the current administration as well.
$EEENF's Peregrine Project is poised to be the next Willow Project. It has every chance of being identical in scale. If positive tests are confirmed at Merlin-1 then we have all just hit the jackpot.
Didn't think we would recover from this morning's dip so quickly. Setting up for a big power hour here!
$EEENF
Impressive rebound. A solid close seems imminent now.
Must have DD links for new investors:
https://88energy.com/
https://clients3.weblink.com.au/pdf/88E/02376906.pdf
https://88energy.com/announcements/
(Feel free to respond with additional relevant links)
$EEENF
Exciting L2 action here today. Crazy money flowing through $EEENF and this has the ability to make major moves north quickly.
(Over $12.5 USD of shares already traded here on the OTC Pink today and there is still 2.5 hrs left).
To easy to get left behind flipping this one, the real money here is to simply buy, hold, and enjoy the ride.
$EEENF
Flippers about to catch a serious case of fomo lol!
If the final analysis on Merlin-1 is good news then the PPS here will be worth .20s almost overnight imo.
$EEENF
Oil companies not doing to good in the market today. Probably be lucky to see .032 again before close. This week likely to end way up from here though.
$EEENF is the most impressive OTC Pink company I have come across in a long time. The DD here speaks for itself.
https://clients3.weblink.com.au/pdf/88E/02376906.pdf
Lol, sad but true. Most people only learn the hard way, this will be a valuable lesson.
With this kind of volume it's only a matter of time until the vast majority of shares are held by longs holding for much much higher prices. We've seen what is possible once that happens...
$EEENF
Hey nothing ever goes straight up. It could take $EEENF a whole month to stair step it's way up the chart into the .30s ;)
I can't complain, just got .03s, holding a .029 average with confidence :)
Only 3 MM's with shares under .034, not going to take much to see green again today.
$EEENF
Just a minor dip, likely to be followed by a rip once through amateur hour :)
The Merlin-1 & Harrier-1 sites are putting 88 Energy $EEENF on the map. I'm sure this has raised the eyebrows of surrounding mega-billion dollar oil giants. A new major discovery so close to them is not going unnoticed...
Impressive opening volume, serious money loading all they can here.
$EEENF
Gotta luv it, load-em and lock-em, it's gonna be a helluva ride up the chart from here :)
$EEENF
$EEENF portfolio of 3.4 Billion BOE*
BOE*: https://www.investopedia.com/terms/b/barrelofoilequivalent.asp
Here is an excellent Source of DD on $EEENF, a must read for anyone serious about making a large investment:
DD link: http://clients3.weblink.com.au/pdf/88E/02376906.pdf
(Published 5/20/21, this is an impressive presentation of current operations put together by the company for shareholders.)
https://www.88energy.com/presentations/
So in-between the Merlin-1 and Harrier-1 sites they could have over 1 billion barrels in the ground? And we find out definitive Merlin-1 total available yield soon? Right after clearing all debt and with $14mil cash on hand?
Just getting warmed up on some DD here this weekend but comparing to other oil companies that own oil fields with this level of yield $EEENF doesn't even have 1% the market cap they should. If they really just discovered $50bil+ of oil on their claim (a seemingly conservative estimate compared to what current tests show) then this is a serious jackpot for shareholders that buy and hold here.
$EEENF
DD source: https://www.88energy.com/announcements/
Wow talk about a solid close! People were jumping over one another to get in before the closing bell! Things are going to get exciting here next week.
$EEENF
Could happen easy with a little eod push. Hard not to buy all you can get your hands on after doing your DD here.
$EEENF
$EEENF is a top trending penny stock going into this 3 day weekend.
Movin on up :)