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EMR - Emerald Resources

Discussion in 'Stocks 0-H' started by yogi-in-oz, Oct 4, 2006.

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  1. yogi-in-oz

    yogi-in-oz

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    :)

    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

    :)
     
  2. jayhfd

    jayhfd

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    Re: EMR - Emerald Oil and Gas

    Nice moves in recent days... Would have been nice to own some!
     
  3. yogi-in-oz

    yogi-in-oz

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    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

    :)
     
  4. Gundini

    Gundini

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    Re: EMR - Emerald Oil and Gas

    Anybody holding this one should be happy today.

    Up 45% :eek:
     
  5. wallave

    wallave

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    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.
     
  6. doctorj

    doctorj Hatchet Moderator

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    Re: EMR - Emerald Oil and Gas

    How much should they be worth & why?
     
  7. resourceboom

    resourceboom

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    Re: EMR - Emerald Oil and Gas

    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 !! :D
     
  8. wallave

    wallave

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    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.
     
  9. yogi-in-oz

    yogi-in-oz

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    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

    :)
     
  10. jtb

    jtb

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    Re: EMR - Emerald Oil and Gas

    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
     
  11. doctorj

    doctorj Hatchet Moderator

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    Re: EMR - Emerald Oil and Gas

    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...
     
  12. yogi-in-oz

    yogi-in-oz

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    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

    :)
     
  13. resourceboom

    resourceboom

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    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!! :)
     
  14. wallave

    wallave

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    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
     
  15. resourceboom

    resourceboom

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    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.
     
  16. wallave

    wallave

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    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.
     
  17. resourceboom

    resourceboom

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    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%
     
  18. yogi-in-oz

    yogi-in-oz

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    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

    :)

    =====
     
  19. moneymajix

    moneymajix

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    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.
     
  20. yogi-in-oz

    yogi-in-oz

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    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

    :)
     
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