EMR - Emerald Resources

[yogi-in-oz]

Hi folks,

EMR ..... has already started to move on thin volume,
but will be alert for further news/moves, around:

03102006 ..... positive spotlight on EMR .....

09102006 ..... positive (finances?) news here

01112006 ..... minor

07112006 ..... minor

20-21112006 ..... minor news

24-27112006 ..... minor and positive (finances?)

01-04122006 ..... minor and positive

14122006 ..... minor and positive news?

19122006 ..... 2 cycles here = flat trading ???

29122006 ..... significant and negative cycle.


03012007 ..... significant and negative

05-09012007 ..... strong rally here???

19-22012007 ..... significant and positive news here ???

30012007 ..... may be positive news, but two opposing
cycles may make for flat trading.

happy days

yogi

 

[jayhfd]

Re: EMR - Emerald Oil and Gas

Nice moves in recent days... Would have been nice to own some!

 

[yogi-in-oz]

Re: EMR - Emerald Oil and Gas



Hi folks,

EMR ..... trading to the script, so far ... see post above
..... and this week we will be alert for some news,
to lift it off its recent lows.

Lows were made on light volume, indicating not many
traders willing to sell, at present time.

Last week's pullback also terminated around the lower
edge of a rising pennant, mostly seen as positive ... see
chart.

Looking ahead:

03012007 ..... significant and negative

05-09012007 ..... strong rally here??? .....

19-22012007 ..... significant and positive news here ???

30012007 ..... may be positive news, but two opposing
cycles may make for flat trading.

happy days

yogi

 

[Gundini]

Re: EMR - Emerald Oil and Gas

Anybody holding this one should be happy today.

Up 45%

 

[wallave]

Re: EMR - Emerald Oil and Gas

Yeah, very happy. Topped up with some more also.
Should see some higher prices over the next 2 weeks once the next lot of results are out.

The stock price is only 3 cents above the issue price, After today announcement, this is way undervalued.

 

[doctorj]

Re: EMR - Emerald Oil and Gas

After today announcement, this is way undervalued.

How much should they be worth & why?

 

[resourceboom]

Re: EMR - Emerald Oil and Gas

How much should they be worth & why?

Note sure mate, but they are now valued at approx 8M.
And they have approx 2.5M cash.

A lot of people reckon 1BCF in the US is worth 5M to mkt cap.
But on this well alone they have 10% of up to 100BCF (plus condensate)

Plus they have plenty of other relatively lower risk projects, and the high risk high reward canning basin plays.

I got in on recommendation of the ten bagger quarterly newsletter, and topped up today on the good news.

Of course this well could be smaller then anticipated. But I hope not !!

 

[wallave]

Re: EMR - Emerald Oil and Gas

Of course this well could be smaller then anticipated. But I hope not !!

Hopefully not too. The fact that 50ft of shows were found as opposed to the anticipated 41ft should bode well for better than expected 100BCF.

 

[yogi-in-oz]

Re: EMR - Emerald Oil and Gas



Hi folks,

EMR ... it took a bit longer than expected, but it has been
worth the wait .....

happy trading

paul

 

[jtb]

Re: EMR - Emerald Oil and Gas

How much should they be worth & why?

Stockanalysis has a valuation in of 30mil simply on mondays announced discovery
(fully diluted MC around 18m @ 30cps) and a risked exploration valuation of >50cps.

The Stokes Bay drilling commencing in may could be worth dollars per share (have a look on a resource map and you will see that Point Torment is listed as an undeveloped gas discovery).
Success at the deeper Valentine target will make EMR's adjacent, on trend, target look extremely prospective.

Best of luck all

 

[doctorj]

Re: EMR - Emerald Oil and Gas

Hopefully not too. The fact that 50ft of shows were found as opposed to the anticipated 41ft should bode well for better than expected 100BCF.

Having more gross pay doesn't necessarily indicate a larger trap or larger percentage of the hydrocarbons in place being recoverable. It can't hurt however...

 

[yogi-in-oz]

Re: EMR - Emerald Oil and Gas



Hi folks,

EMR ..... took profits this morning, as a negative lunar
aspect due to come in, later today ...

AKK next ... ???

happy trading

paul

 

[resourceboom]

Re: EMR - Emerald Oil and Gas

Another trading halt, hope the outcome is as positive as the last one.
This will probably be flow testing results from Alice.
We will find out tomorrow!!

 

[wallave]

Re: EMR - Emerald Oil and Gas

yep, if flow rates turn out good and this well is commercial then should see the sp head north of 40c - towards 50c hoping. Should make the oppies 25c-35c mark.

Glamour Girl results probably only a week away as well, plus plenty more to come in the coming months.

This stock has got plenty of potential

 

[resourceboom]

Re: EMR - Emerald Oil and Gas

And another trading halt.
This one will probably have results from Alice and Glamour Girl.
I really like that this company calls halts often.

 

[wallave]

Re: EMR - Emerald Oil and Gas

yeah they only seem to trade a couple of days a week over the past month.

Agree, would be expecting both lot of results from GG and Alice on Monday. Fingers crossed the results are good and then that the market acts the right way with them.

 

[resourceboom]

Re: EMR - Emerald Oil and Gas

Bad news on GG, P&A, and Alice flow testing continues, with tracer survey to determine the source of fresh water entering the wellbore.

Also they have announced a new project, Hope prospect, with 6.87%

 

[yogi-in-oz]

Re: EMR - Emerald Oil and Gas



Hi folks,

EMR ... as requested, here's an update on our
time cycle analysis, for this stock:

16052007 ... positive news expected, but next day,

17052007 ... a negative cycle arrives ... finances???

28052007 ... a VERY NEGATIVE time cycle here = low ???

31052007 ... significant & positive light on EMR ...

08-11062007 ... negative news expected here.

15-18062007 ... positive (finances???) cycle

22-25062007 ... negative news expected here and may
be the same price, as 08-11062007 ... ???

02072007 ... significant negative light on EMR

06-09072007 ... minor cycle

23072007 ... more negative news expected here and may
be the same price, as 08-11062007
and/or 22-25062007

.... and August should be VERY positive for EMR ...

happy days

paul

P.S. ..... AZZ uses similar analysis to the above data, except
cycles will likely start a day or two earlier than EMR



=====

 

[moneymajix]

Re: EMR - Emerald Oil and Gas

Hi Yogi

Closed 22c on Friday, 25th May.

Do you still expect low on 28th May as per your last post?

Thanks in advance.

 

[yogi-in-oz]

Re: EMR - Emerald Oil and Gas



Hi moneymajix,

EMR ... sure nothing changes with those ime cycles
..... would like to see this one drop off over the next
couple of days to make a nice hammer low, around
15.5 - 17.o (??) .....

..... often lows are made, just one day before the
next positive cycle is due to come into play ... in
this case, the low is most likely, on 30052007 ...

happy days

paul