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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 Mar 10, 2010 2:23pm
185 Views
Post# 16866790

RE: RE: RE: short covering , thats all

RE: RE: RE: short covering , thats allI've got bids sitting down @.74 and .70--if we hit them...great...if we don't no problem.  Shareprice doesn't mean anything and neither does market action right now, except for how many shares we all will have when the assay results come back.  I wouldn't mind another tree shaking simply b/c I wouldn't mind having some more cheap shares.  

And again, we're seeing some glory- and near-glory-holes coming from some other explorers around the area.   But their holes won't mean anything close to what they would mean for us since we already have the model and the results from FDN that will make our results much more significant in terms of what they portend for the rest of the property.  And the market knows it.

Two weeks (?or so) and counting...hang in there...

....PS...Swiss...you didn't deserve that kick in the balls from His Majesty the Rockcracker, and the other High and Mighties who feel the need to chastise you so harshly (ah, the aristocracy always exists in every sphere, n'est-ce pas?).   Most of us appreciate your enthusiasm and the DD part of your posts...maybe moderate a little on the extrapolations and speculative end, but please continue to post.  There are always new eyes around that are looking for info and for something positive.     Let those who think you're TOO positive post the negatives and risks...that's obviously not your niche...lol.  And actually  I sure don't see your critics posting a whole lot of useful info of any kind lately, esp that is of use to new eyes.    And in the end, it's just a freebee message board...so don't let it bug you too much...carry on...jt

$^)
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