Coelacanth Energy Inc. V.CEI

Pressure is building now....

[TouchDown12]

Hi Loonie. Buying pressure is definately building and back 'buy' lots lower priced than the action are firming up. Could have a breakout well into the 80's next week. GLTA TD12

[loonietunes]

Hey TD12  belly up to the trough  is how I'd put it? Lose 1 gain 2 am I just missing it completely probably too much Montney land to not be taken out by someone who?  Let's see who actually reads this page not many I'm guessing you and me!  Sneaking in the energy report to see can't believe the  gas at 3.30 us on the July futures WTF it's June>

[TouchDown12]

HI Loonie. Not sure but i think Black Swan (TOU purchase) re-rates the the value of the LXE land. If LXE can prove up in 2021 and into 1H 2022 - i think it is gone by the end of 2022. IMHO. At 1.50-1.75. That way you will look like a hero Loonie! Isn't that destiny? Great to have a mate with which to speculate. Everyone else on the board just watches and no comments i guess. TD12

[Grandcentral]

The over allotment opened the pressure valve for a while (not a fan of banks squeezing in every dollar and stealing buying pressure from the open market). From a value standpoint, we are ahead of where we were at the equity raise. By percentage, we have more run ahead of us based on bullish sentiment, rising NG prices, hunger for acquisitions, general market trend and future outlook. I imagine

[TouchDown12]

Excellent post Grandcentral. I hadn't though of the overallotment as the cause of the sell pressure over the last 3 months so good insight. in terms of my points regarding takeout - i should also say i would prefer if LXE is able and willing to accelerate some drilling relative to their March 5 year plan to increase production by the end of '22; and NOT sell out till much later in the

[Grandcentral]

The banks did the same thing to Surge. A company should never take more than they need - leave some hunger for the market. Topaz was an exception, as the demand was so high, they cut pledges back to 15%, so in that case, I would say it made sense - and the market agreed as the stock rallied 20% on extra demand. I started adding Surge last week, as I expect that dilution is now getting under