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I don't have the balls to play bios.
damn, i was looking at BEDA but now its too late to buy.
ANPI- charts are getting ready needs volume
No I'm trying to get away from all stocks under $1. EIGH is my last penny. What 000 are you looking that though?
out of DNN at 1.59 from 1.54, yeah that was gay.
DEJ- sar flipped then tanked.
hey, do you play 000 stocks?
Yeah its looking good.
EXSA - .028 hit. 400K volume in past hour. News might be close
DEJ- where did the volume go? what a POS, things could get ugly once the sar flips and goes on top.
im still in DNN it could go either way still.
Stop loss triggered at .435 on DEJ so I'm out.
Aint that the truth, i guess im gonna get away from the computer also.
BQI- called it at .82 yesterday
Slooooowwwwwwwwww day on both my holdings. I'm glad that I have a busy day away from the computer.
CFW is another one that I'm watching.
Would like to buy CRBC if it ever pulls back. lol
Good day for both DEJ and DNN. Both up about 4.5%.
Its good to go now the sar did its little flip flop dance in the charts.
DNN is looking great so far today.
Yeah. I hate long weekends. I've been patiently waiting for Monday. I hope EIGH and DEJ have positive weeks.
are you ready for next week? lets try to attempt to make some $$$
Excellent sir.. glad it's working out for you...
Float 33 million. Should move nice
Yeah and a nice low float.
EXSA looks nice!
I got my EIGH position all locked up at 100k shares at a .0908 average. I'm looking forward to next week on both EIGH and DEJ and hopefully I can pick up 100k of EXSA
I ended up going with Noble btw. I really like their trading platform and I absolutely love not having to call in everytime I want to buy a penny stock.
Not bad at all sir...
My ibox just got awesome!
DEJ is now a longer term hold.
Dejour Highlights 2009 Year End Results
Net Proved and Probable Reserves Grow 3,500% to over 217 BCFE
http://finance.yahoo.com/news/Dejour-Highlights-2009-Year-bw-2483087105.html?x=0&.v=1
Companies:Dejour Enterprises, Ltd.DEJOUR ENTERPRISES LTD
Press Release Source: Dejour Enterprises Ltd. On Wednesday March 31, 2010, 7:13 pm
VANCOUVER, British Columbia--(BUSINESS WIRE)--Dejour Enterprises Ltd. (NYSE-AMEX: DEJ / TSX: DEJ) (“Dejour”) a high growth oil and natural gas company operating multiple exploration and production projects in Northeastern British Columbia and Western Colorado today announced the release of its financial results for the year end and fourth quarter periods ended December 31, 2009.
2009 Highlights
Reserve Growth
Increased Net Proved Reserves by more than 3,100% from slightly more than 3 BCFE to more than 93 BCFE. The before tax discounted (NPV10) value of the Company’s proved reserves, net of all future costs for development is now valued at $163 million, up from $15 million as at December 31, 2008;
Increased Net Proved and Probable Reserves by more than 3,500% from slightly more than 6 BCFE to more than 217 BCFE. The before tax discounted (NPV10) value of the Company’s proved and probable reserves, net of all future costs for development is now valued at $324 million, up from $31 million as at December 31, 2008.
Balance Sheet Improvement
Reduced debt from $18.3 million to $6.2 million;
Eliminated working capital deficit of $12.7 million at the end of 2008 and ended 2009 with positive working capital of $410,000;
Raised $5 million of equity under challenging market conditions that allowed the Company to execute its winter drilling program in the Woodrush Field.
Production Growth and Reduction in Net Loss
Annual production for 2009 averaged 456 BOE/d, an increase of 78% from 256 BOE/d in 2008;
Revenue increased by 18% to $6.8 million in 2009 from $5.7 million in 2008;
Net loss reduced by 39% to $12.8 million ($0.16 per share) in 2009 from $20.9 million ($0.29 per share) in 2008;
Q4 2009 loss reduced by 62% to $7 million ($0.08 per share) in Q4 2009 from $15.2 million ($0.21 per share) in Q4 2008.
Corporate
Welcomed Stephen Mut and Darren Devine to the Board of Directors.
Subsequent Events
Subsequent to year end 2009, Dejour raised $1 million in new equity, established a $5 million credit facility and drilled two new discoveries (1.5 net) at Woodrush Northeast British Columbia, Canada. One is a Gething gas discovery on line at approximately 1MMcf/d. The second is a light oil discovery currently producing in excess of 400 BOE/d, raising Woodrush gross production to more than 1,000 BOE/d, 50%+ oil (75% net to Dejour). Dejour plans to drill one to two more wells at Woodrush in 2010.
Key Objectives for 2010
Generate positive operating cash flow beginning 2010 Q2 and generate operating profits by 2010 Q4;
Increase oil production and reserves at the Woodrush field;
Complete the permitting/engineering for the Phase 1 drilling of 16 wells at Gibson Gulch;
Procure a commitment on a competitive funding package for Phase 1 drilling at Gibson Gulch.
Dejour has filed its Dec. 31, 2009 Audited Financial Statements, Management Discussion & Analysis (“MD&A”) and Annual Information Form (“AIF”) with the Canadian securities commissions. These documents are available on http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.sedar.com&esheet=6234821&lan=en_US&anchor=www.sedar.com&index=1&md5=c148316113d5ee6ecffb8c489891f959 and on Dejour’s website: http://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.dejour.com&esheet=6234821&lan=en_US&anchor=www.dejour.com&index=2&md5=cbce6d366b3f98c632eda02ea029dc1a.
The 2009 AIF contains information about Dejour’s operations, disclosure and reports relating to reserves data and other oil and gas information according to National Instrument 51-101 of the Canadian Securities Administrators, Standards of Disclosure for Oil and Gas Activities.
All amounts above are in CAD$, unless otherwise noted. 1 US$ = 1.02 CAD$.
About Dejour
Dejour Enterprises Ltd. is a high growth oil and natural gas company operating multiple exploration and production projects in North America’s Piceance / Uinta Basin (97,000 net acres) and Peace River Arch regions (20,000 net acres). Dejour’s veteran management team has consistently been among early identifiers of premium energy assets, repeatedly timing investments and transactions to realize their value to shareholders' best advantage.
Dejour, maintains offices in Denver, USA, Calgary and Vancouver, Canada. The company is publicly traded on the New York Stock Exchange Amex (NYSE- Amex: DEJ) and Toronto Stock Exchange (TSX: DEJ - News).
Non-GAAP Measures: Operating cash flow and operating profits are financial terms that are not considered measures under Canadian generally accepted accounting principles (“GAAP”). Operating cash flow represents net cash provided by operating activities before changes in assets and liabilities. Operating profits adjusts net income by non-operating items that Management believes reduces the comparability of the Company’s underlying financial performance between periods. Theses measures are widely used to assess an oil & gas company’s ability to generate cash which is used to internally fund exploration and development activities and to service debt. These measures should not be considered as an alternative to net income, cash flows from operating, investing or financing activities as an indicator of cash flows, or as a measure of liquidity. Dejour’s method of calculating these measures may differ from other companies and, accordingly, they may not be comparable to measures used by other companies.
Disclosures Regarding Reserve Estimates: The reserve estimates assume available funding for development of the properties. Disclosed values do not necessarily represent fair market value. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6 Mcf: 1 bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. BCFE means billions of cubic feet equivalent.
Statements Regarding Forward-Looking Information: This news release contains statements that may constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities legislation as they involve the assessment that the reserves and resources described can be profitably produced in the future, based on certain estimates and assumptions, these forward-looking statements include but are not limited to, the availability of funding for future projects, anticipated recovery per well for Gibson Gulch, the, risks related prospective resource best estimate being inaccurate or incomplete or based upon errors in assumptions, adverse general economic conditions, operating hazards, drilling risks, inherent uncertainties in interpreting engineering and geologic data, fluctuations in oil and gas prices and prices for drilling and other well services, government regulation and foreign political risks, as other risks commonly associated with the exploration and development of oil and gas properties. Additional information on these and other factors, which could affect Dejour's operations or financial results, are included in Dejour's reports on file with Canadian and United States securities regulatory authorities. We assume no obligation to update forward-looking statements should circumstances or management's estimates or opinions change unless otherwise required under securities law.
The TSX does not accept responsibility for the adequacy or accuracy of this news release.
Contact:
Dejour Enterprises Ltd.Robert L. Hodgkinson, 604-638-5050Co-Chairman & CEOFacsimile: 604-638-5051investor@dejour.comorInvestor Relations – New YorkCraig Allison, 914-882-0960callison@dejour.com
DEJ great year end results. Looks good from here.
Looks like you ran out of posts for the day.
Next week EIGH leaves the sub .10 for good.
Glad i got out of TGC...it closed down at .47
I already explained this. My wife totaled my car. I was way ahead on the loan so the insurance cut me a check. I also sold my motorcycle. I have $16k in cash in my account.
where did you get all this money all of a sudden to buy so many shares? this is a message board anyone can exaggerate on there positions. if so i own 1 millions shares of apple.
I'm buying more EIGH tomorrow. I'm going to round out my position at 100k shares if I can get in under .09.
Lots of bid whacking once again today still no news or word from the company, soon as i sell thats when news comes out, im being patient with this stock
Decent enough close. Hopefully good earnings and out tonight.
DEJ- if we dont see earnings or some type of news today or tomorrow AM im out, i found another stock im looking to buy instead its a bio i think it can run like AEN
I remember APWR...way underpriced at the time. But everything was. That was around DOW 6500, right?
I'm only looking for .57 on DEJ...a $1k profit and I'll be ready move on to the next one. I think that Im going to make loads of money on EIGH. That'll be in the .20's by mid april imo. That'll probably be my only long term hold unless I can get into CFW at $1.
I agree that would give us a chance to run, i want bigger gains with this one, i wasn't satisfied with 185 dollars in profits.
APWR- i owned this at 3.50 a share in 2009 it ran to 20 bucks a share in a year, now its tanking big time might see 5 soon
I'm green again on EIGH! Was down like $600 but averaged down a little.
I'd like to see DEJ close above .42 today. At least there would be a pretty chart for the earnings release.
Yeah its a bank stock. I bought it at $1.02 and decided that I could probably get in a little cheaper around .95. So I sold it at $1.05 for a $150 profit and put in a bid at .95. It only dipped to .98 before shooting up to $1.19 these last few days.
very slow im falling asleep with DEJ, waiting for a PR about earnings
CRBC- its a bank stock right?
Slow day on DEJ...EIGH is getting close to popping. I'm pissed that I sold CRBC so early...I could have make another $650
NANX- what a monster called it at 1 the other day hit a high of 2.16 now, sick
Excellent sir... You Rock...
Im in your float lock Eigh, sir.
Picked up another 10k of EIGH...60K shares at .09 average.
^^^^^^^My New Trading Station ^^^^^^^
Disclaimer:
I have absolutely no idea what I'm doing so don't do anything you see me doing in the market. Best of Luck!! You are responsible for your own successes and failures.
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