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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 3:29pm
539 Views
Post# 16828117

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

RE: RE: THE CORES WILL SPEAK A $$$$$$$And even more...were we to hit a "glory hole"...which again I consider as high a probability as i'd wager can be found this moment anywhere else in the mining world...it will have a far greater significance in terms of value than one drilled on some very prospective but greenfield project, simply b/c of its context in terms of its location next to and geological similarities to, if not outright identity with, FDN .  Explor up in the Timmins camp is sitting in the same boat, but even Linear and West Timmins don't have anything (at least yet) comparable to what Aurelian already proved up.    We've all seen glory holes that were one hole wonders, and the market, esp. now, is very wary of them...we'll see a pop and drop...and some very pissed off "investors" who should have known better. 

Ecometals is sitting in a very different and enviable position that way.  The market knows that whatever we might find in the first holes WILL very likely be reproducible in others.  Buy whatever you can, IMO...sub-$1 is cheap...anything lower IMO is simply a give-away that I just don't understand except in the context of trying to shake out more cheap shares, but I'll take 'em if someone's giving them away...jt

$^)
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