Post by
uograd on Aug 18, 2022 1:36pm
big picture here looks dark very dark
first off wheels you should be a comedian but you can buy all the stock you want at.39
if as i now suspect both wells are nfg then we are in a bad spot
cost of say $ 4,000,000 out the window but worse that the 3d seismic is worthless and the entire 79000 acres worth sfa
noone will ever fund that first helium well
only hope is they drill another oil well with remaining cash and flip the company
now i could be very wrong and both wells are awesome but someone in 30-40 person universe that knows the results heard something he didn;t like. a press release would clear all this up wouldnt it
as for this website nonsense it has nothing to do with the selloff. they have neglected the site for months and now at their darkest moment they are wishing like heck they would have paid more attention
Comment by
uograd on Aug 18, 2022 1:59pm
no havent sold a share let;s assume the two wells are duds what positives am i missing why dont they put out a press release. that would put everyone with the same information and people could trade accordingly
Comment by
Skyhook88 on Aug 18, 2022 2:07pm
UOgrad so you are making assumptions on a well that they haven't even announced they are drill yet. Then you go as far to say that all of the 3D data is wrong even though they have multiple other wells that hit oil, NG and helium.
Comment by
uograd on Aug 18, 2022 2:11pm
i totally agree skyhook have them put out a press release anf prove i am wrong. i would be very happy to be wrong over 2,000,000 shares have been dumped in 24 hours. would you not agree someone has more information then you and i and they arent liking what they are hearing put out a press release. not hard to do
Comment by
Skyhook88 on Aug 18, 2022 2:34pm
I agree an update would be nice but how about you show us some evidence that larger swings in the stock price correlate to up coming news? I've been invested since December and I've yet to see a swing in price up or down actually happen before news come out,
Comment by
uograd on Aug 18, 2022 2:39pm
check the tape mid april before news on second well not living up to hope and again in mid may before selloff you will see cibc on the dump before that
Comment by
Wheels54 on Aug 18, 2022 2:46pm
CIBC are the same guys who will liquidate larger stocks like baytex and then buy right back in squeezing out panicked day traders and swingers because they have a longer term outlook and like to snap up shares.
Comment by
uograd on Aug 18, 2022 2:46pm
yesterday morning stock opened at ,48 cibc started dumping about a half hour in, today we hit .385 coincidence or bad news coming we will see
Comment by
Skyhook88 on Aug 18, 2022 3:10pm
Is CIBC First Helium's bank? Do there traders have information that we don't?
Comment by
Skyhook88 on Aug 18, 2022 2:50pm
Nope the stock price had settled from its all time high but it wasn't till the news come out that it actually dropped. Maybe you should go look at the tape.