OTCPK:EDEYF - Post by User
Post by
BLUE3on May 31, 2012 11:57pm
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Post# 19969079
Re blue3
Re blue3 I Also hold shares in several jr. oil and gas companyes with ede being my bigest holding and the only one i have in the green no pun intended ...mr or ms green.... I do not know where ede share price will be by end of 2012 .. i.whould hope it be fifty to seventy cents but the pipeline capacity has got to improve and transport more canadian crude into the states ...As of yesterday there were 47 million bbls of crude in storage at cushing oklalma and their maximum storage capacity is 50 million bbls... Most large canadian oil companys are using rail cars to ship oil to the us gulf coast refineries....I will be very intersted to see ede third quater financial report i do hope thad Brad Nickol can report some cash flow net back per boe... If not then i fear that ede and arw may not have sold any production in q3...their full production could still be sitting in storage some where in canada or usa,,,,check out a couple magazines i/e albertaoilmagazine.com daily oil bulliten junewarren-nickles energy rroup Some excelent articles.... good luck in all your invisting ,,,,by the way i will be buying arw shares when share price drops some more and hold them along with ede fore the long haul blue3