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Blue Energy Ord Shs T.BLU


Primary Symbol: BUENF

Energy Oil & Gas E&P
Blue Energy Limited is an Australia-based oil and gas exploration company. The Company is engaged in the exploration, evaluation and development of conventional and unconventional oil and gas resources. Its geographical segment is Australia, which includes Queensland and the Northern Territory. The Company’s projects include Bowen Basin (ATP814P), Carpentaria Basin (ATP1112A), Galilee Basin (ATP813P), South Georgina Basin (ATP1114A, ATP1117A and ATP1123A), Surat Basin (ATP854P) and Greater McArthur Basin (EP199A, EP200, EP205A, EP206, EP207, EP208A, EP209A, EP210A and EP211A). ATP814P consists of six disconnected blocks in the North Bowen Basin in an area ranging from south of Moranbah up to Newlands in the Northern Bowen Basin. ATP1112A is located in the Carpentaria Basin of northwestern Queensland. It is located south of the Gulf of Carpentaria region and approximately 40 kilometers (km) west of Normanton. ATP813P covers a large area in the Galilee Basin in Central West Queensland.


OTCPK:BUENF - Post by User

Blue Energy Ord Shs
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Post by LoganCopper1on Apr 11, 2011 9:53pm
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Post# 18416853

Outcomes for BLU longs??

Outcomes for BLU longs??What is really going on here? It seems like the company has no problem diluting the life out of the stock at .12, let MMs run it up to .20, .40, leave retailers holding the bag, rinse and repeat.

I am truly thankful no one here has posted saying they are stuck at .35+ because it is all games. Even still, has there been any talk of rather than diluting to someone who doesnt want to long term hold (the landlord), to a strategic investor??

I agree patience is all thats needed to wait for another pump back to .20+, and it would be a tidy profit given my first and likely only tranche is in at .11. But whos saying the next pump to .20 isnt from buyout leak and then its MMs buying, and retailers selling. Retailers get burned 100s of times, MMs laugh.

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Dealroom for high-potential pre-IPO opportunities