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Ecopetrol ADR Representing 20 Ord Shs V.EC


Primary Symbol: EC

Ecopetrol S.A. is an oil company. The Company operates in Colombia, Peru, Brazil and the United States Gulf Coast. The Company's segments include Exploration and Production, Transportation and Logistics, and Refining, Petrochemicals and Biofuels. The Company's Exploration and Production segment includes exploration, development and production activities in Colombia and abroad. The Company's Transportation and Logistics segment includes the transportation of crude oil, motor fuels, fuel oil and other refined products, including diesel and biofuels. The Company's main crude oil pipeline systems' operating capacity is approximately 1.34 million barrels per day (BPD). The Company's main refineries are the Barrancabermeja refinery, which it directly owns and operates, and a refinery in the Free Trade Zone in Cartagena that is operated by Reficar S.A., a subsidiary of the Company. The Company also owns and operates two other minor refineries: Orito and Apiay.


NYSE:EC - Post by User

Comment by Privatemoneyon Jan 06, 2010 8:04pm
389 Views
Post# 16647292

RE: drilling..and kinross.

RE: drilling..and kinross.
if we see 1.0 million oz the stock triples due to kinross.............probably the only suiter who can afford to bid better then everyone else as they are only 500m down the road. 
if they hit right away, well know with the volume.........drillers girlfriends usually make a lot of money...ha ha ha. and if they do the stock will triple immediately, or perhaps more. i mean when your sitting next to 13 M ounces gold, the entire market and every fund will be buying until they are blue in the face.
with the way the majors play K is already a substantial sh holder anyway.
our favorite are, well big time EC,KTN, UXG, and CMJ. im pretty much in pur gold and silver lead zinc plays now but if anyone has news re a good copper play below 50 cents or a buck let us know............do have some funds available. we think copper will top 4.00 a pound. gold is gold but we also see silver out perfoming gold this year also. we do believe gold will close in to the 1400 per oz levels, it is very likely. 
KTN to be drilling now on 7 properties, see nr today, and watch 1.00 stock go to 2.00 in days, sort of like MRZ has recently done re their properties in i believe, argentina. see their recent NR. UXG, at 2.70 is a bit pricier but should move up steady to the 3.50s with news from mexico. 
privatemoney
 
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