how about some info about emerald?trades today 4mln buys 1mln sell.is it just me or is their demand for this share?why does the price not move?I,m new to this caper!cheers.

2x 1.2m buys this afternoon
is this option agreement they`ve entered into a positive thing or not ?

Those 1.36 trades are 'BUYS' not sells as shown! I'm tempted to bag 1m!

how do you know they are buys?
dexter

I can buy them with Barclays right now at 1.36, may be just getting a good price??

with this settlement it will give them some money to play with, could we see the price start to rise again in the near future or do you think it will remain static for a while ?

windys160: Try posting on the other thread. It all gets rather confusing when two threads are being used at the same time.

candle stick and macd is giving positive signals to buy. I will place a small punt.

Volumes are well down today.

Historic prices, weekly basis:
Open High Low Close Volume Adj. Close*
28-Jun-04 1.50 1.50 1.27 1.41 9,234,302 1.41
21-Jun-04 1.52 1.52 1.38 1.40 5,393,458 1.40
14-Jun-04 1.60 1.62 1.33 1.50 9,726,934 1.50
07-Jun-04 1.77 1.83 1.55 1.55 5,783,410 1.55
01-Jun-04 1.75 1.75 1.65 1.73 8,362,912 1.73
24-May-04 2.03 2.03 1.68 1.72 9,741,978 1.72
17-May-04 2.10 2.12 1.90 1.95 9,209,252 1.95
10-May-04 1.90 2.20 1.90 2.10 19,930,340 2.10
04-May-04 2.28 2.40 1.73 1.85 26,211,800 1.85
26-Apr-04 2.10 2.80 2.05 2.35 63,203,820 2.35
19-Apr-04 1.40 2.12 1.30 2.07 29,489,840 2.07
13-Apr-04 1.16 1.45 1.16 1.35 20,673,775 1.35

3p would be good again

Golfclub12: We have had only good news from Emerald and yet the price has drifted back. This stock will recover before too long.

Recent News
02/07/04 12:20 AFXF Emerald Energy settles claim over 2000 fire; receives 1.3 mln usd
25/06/04 12:59 AFXF Emerald Energy granted option to buy 50 pct of Algarrobo contract
21/05/04 12:42 AFXF Emerald Energy says Columbia mine drilled and brought to production

Grevis2

I own CYH shares as well so i know what it is to wait!!!

G12 :))

what do you think could be a potential share price in a few years for this share, cheers windy

i will post it on here, as well as the other site.Why has nobody speculated as the why, if this outfit has such a bright future, there are still major sellers ? One has to remember that Russian financiers do not operate by the same rules as your stiff Brits.

Looks like they have reviewed everything on their website!

The Gigante #1A well produced 32 API gravity crude oil at an average rate of 755 barrels per day during the first half of 2004, an improvement of 5.7% over the average rate for 2003, despite an increase in the water-cut from 38% to 42% during the six month period. This improvement in production rate was principally due to the success of the chemical treatment carried out in the well in December 2003 to inhibit the precipitation of asphaltene particles within the producing reservoir and to remove any emulsion blocks that can restrict the oil production. The cumulative oil production at the end of June 2004 was 1.68 million barrels.

it will kick off... i think a lot people got burnt in this one but the bulls will see all oil stocks are running up..... give it few more days.

U.S. stock futures lower as crude prices rise
Tue 6 July, 2004 14:21

(Updates futures, adds new comments)

NEW YORK, July 6 (Reuters) - U.S. stocks futures pointed to a lower opening for Wall Street on Tuesday as investors worried about corporate profits following a jump in crude oil prices.

In addition, chip stocks could be under pressure after Conexant Systems Inc., the third-most active stock on the INET electronic brokerage in early trading, lowered its quarterly earnings forecast.

U.S. light crude rose in the first electronic trading since the weekend sabotage attacks on Iraqi oil pipelines cut exports. Crude prices, at $39.21 in New York, are also being pushed higher amid concerns about possible disruptions to Russian and Nigerian supplies.

Crude oil is a component of almost every sector of the economy, including manufacturing and transport, and higher oil prices immediately erode corporate profits.

"I see the markets starting off down because crude oil is down, Weston Boone, vice president of listed trading at Legg Mason Wood Walker in Baltimore said. "Geopolitical events are weighing on the market, and in addition we are starting earnings season -- so the question is will profits be as rosy in the second quarter?"

S&P 500 futures for the September contract fell to 1119.80, or 4.68 points below fair value.

Dow Jones industrial index futures fell 44 points, while Nasdaq 100 futures slipped 12 points.

"The reason why we are down today is the continued unrest in the Middle East and the prospects that energy prices do not seem to decline," John Person, head financial analyst with Infinity Brokerage Services, said.

"After last week's Fed rate hike, higher oil prices and slower economic indicators such as the jobs number will be the real issues investors are faced with right now," Person added.

Democrat John Kerry's decision to appoint North Carolina Sen. John Edwards as his vice presidential running mate was seen as slightly negative for the market.

"I think its probably positive for Kerry which is therefore probably negative for the market ... Wall Street is traditionally a conservative community," Boone said.

This week's Investor's Chronicle suggested that it is a good investment and more oil drilling is taking place.
Since the Campo Rico #1 well was put on long-term test in May 2004, the company's oil production has increased significantly. For the first six months of 2004 the average daily production rate was 874 barrels per day compared with an average of 714 barrels per day for the year 2003. On the 30th June 2004, production reached 1426 barrels per day.

in all seriousness, do you think those kind of production numbers justifies the outlandish capitalisation of the company?

Of course....proptrade. Look at its price now.

well on it's way to 200p looking good so far :-)

windys160: Could be! Max online buy is currently 750 shares.