Post by
argaiv on Apr 11, 2024 3:55pm
On Yahoo There Is A Basher
Who goes by the name EasyMoney. He thnks they are running low on cash. Other potential reasons are the junior markets are heating up in gold, silver, uranium, and copper. Someone with a large position could be liquidating shares in favor of another company that has great potentail, or they may be participating in a financing.
I am not sure when wells are going to be drilled. Someone on Yahoo said nothing much happening until 2025. If that is the case, then look for something where there is something potential happening.
I dumped shares of Revival Gold and Almaden in favor of Adventus. Revival seems to just be raising money all of the time, and almaden is stuck in a touchy legal issue with the Mexican government.
Comment by
SuperTrader1970 on Apr 15, 2024 10:43am
I expect $EOG to drop to .09 cents. Time and Developments are months away. Interest in $EOG has fallen away for awhile.
Comment by
Cooper97 on Apr 15, 2024 12:46pm
Hope you're correct with that estimate. I Passed on 8 cents a long time ago and have regreted it ever since - at 9 cents I'd pick up 250k shares without hesitation. The reality is this planet is going to need a lot more oil and gas than we are producing now and there is no end to that need in sight.