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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 jvtayon Feb 28, 2010 1:56pm
428 Views
Post# 16828006

RE: THE CORES WILL SPEAK A $$$$$$$

RE: THE CORES WILL SPEAK A $$$$$$$Well, actually, for me, the Cores won't need to speak a Thousand words, just ONE confirming word...and we're golden.

Anyone who wanted to read and study about the location and geology of Ms Zarza in relation to Ms Fruta has had more than plenty to read and study, and plenty of time to do it.  And then we received fresh, on a platter, the geologists' detailed physical description of the actual geology revealed with our first two holes.   They have only confirmed what all data and information and analysis has been pointing to up to this point.  

With many other prospective properties, one has had to ante up investment money with maybe a 50/50 or 60/40, or if REALLY prospective, maybe 70/30 chance that the explorer would hit something good, very good, great, or if one is really lucky, Spectacular, in first holes.   With RZ, we're sitting easily 95/05 that we'lll get good results, 90/10 great results, and IMO 80/20 Spectacular results.   Where else could one get these odds?  And yet we've seen shareprice held down and cheap shares still be made available for anyone who wanted them even now.

Free shares are nice, indeed...and I'd guess the huge majority of investors here couldn't care less how one got them or how many others have. I would guess just about all of us have some contempt for leopards who change their spots solely for self-serving purposes, pumping or playing the long to sell, bashing to buy cheaply, but that's an entirely different topic and one I doubt the HUGE majority of us want to waste our time on.  I think part of any long's strategy who's been in the market for any length of time is to sell some on major peaks / pumps and buy them back on dips / takedowns...but the bottom line is that if the Cores do show the spectacular results we're hoping for and have lots of reasons to be expecting, it won't be what we paid for them that will matter and make us the big $$$, it'll just be how many we have...and all of course JMO...jt

$^)
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