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Re: VincentMertens post# 6232

Tuesday, 06/16/2009 4:57:28 AM

Tuesday, June 16, 2009 4:57:28 AM

Post# of 42999
Vincent, I hate to disagree with you, because I love this stock, but based on technical analysis, there is a ton of resistance at .045, .06, .09, .14. and .19 cents. This stock made a lot of stops on its slow ride down to the basement of junior explorer oil stocks. It is significant that EEGC closed below the resistance.

I hope that we will pop to .09 on the next news of drilling starts, because that is where the .07 stock offering make sense, and this does not work without that offering being successful.
If they are smart they will have a weekly update showing progress to prove they are not a fraud. There are a lot of people who won't believe it until there is a gusher.

Real money won't be made until EEGC has a drilling report on the first hole, and then what it takes to say you have proven reserves.

I am up 42 percent today on my investment from last friday.
My smallest investment has the potential to become my biggest.
Good luck to all!
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