Post by
steve0 on Feb 05, 2014 12:32pm
move
is this stock ever going to move any one have a realistic idea of when or whats going to make it move
Comment by
TheRock07 on Feb 05, 2014 7:51pm
Others might say don't move yet as we are accumulating very cheap paper. TD and Scotia once again were the main buyers today...
Comment by
TheRock07 on Feb 06, 2014 1:50pm
Allgonewiddum? We shall know soon enough.
Comment by
TheRock07 on Feb 07, 2014 5:03pm
Looks like Anon is thru selling. Only 6-7 million shares at 1 cent ask .... Perhaps retail who bought at .5 cent News should now boost us up the charts
Comment by
Casholaa on Feb 07, 2014 5:19pm
We wait and hope. If Anon sells 20m shares at 0.5c that's 100k. Either Anon can see trouble on the horizon or has a proposition with a quicker/better pay off. Shame they don't tell us.
Comment by
TheRock07 on Feb 08, 2014 7:57am
There are many reasons why one must sell but none where one must buy. Fund redemption might be Anon but the investment value of the few million shares at 1 cent is minuscule . The reserves report is due so we might get a full update at that time as to strategic direction
Comment by
weybac on Feb 10, 2014 9:05pm
This post has been removed in accordance with Community Policy
Comment by
Casholaa on Feb 11, 2014 11:15am
5.5m on the Ask yesterday. 50k on the Ask today ????
Comment by
TheRock07 on Feb 11, 2014 12:51pm
You make the cogent case. I have looked at the asset value here and it always comes out above $15 million or 3 cents per share. Those 1P reserves have got to be worth something too. The advancing denouement seems to be a complete sale of all assets. The follow-on move is not yet clear, but the quality and experience of management suggests acquiring producing properties elsewhere.