Empyrean Energy

Web site : http://www.empyreanenergy.com

Great call Papal,looked at it this morning and put it on my watch list.
Looks like my luck is out at the moment!
I have been keeping an eye on TAG since you posted it on the board and am tempted to release a few dogs and put whats left in EME or TAG.
DB66

DB66 it was a good one today on EME, and it will be the same as TAG and same as VOG, some people will get in before drilling results, and some people will be out and waiting. With EME and TAG I am holding through waiting results, but expect EME to be volatile in the run through drilling, with swings up and down.

TAG, news is due soon, and its as any hole driller, a risky venture until the drill results say its good. Again, if you are in now, you take the risk of losses, but also good gains, and if you wait, you have to pay much higher to get in if its good news.

Cannot advise on these as they are risk until drills are finished, and the drills can lead to nothing, but news is due on TAG soon, and EME in 4 to 6 weeks (EME you can see the regular drill updates on the earlier ASX link I put in)

Spread very tight 41.25p and 41.5p

Breakout due soon suppose, lets hope that its north

Well played by the MM's today and they free up loads of stock, but did not get mine.

Put some into EKA today, rumours in the Times of a positive drilling update, and they released a solid RNS today as well, but the Times rumoured drilling update is still to come ;)

What are your views on tommorrow, not a bad day considering up 50% the day before I thought

jimbobGR its had some good consolidation today, and it should bobble about at this price now pending the drilling news.

Some will want out before drills are finished, some will want in, so that is why its going to be up and down a bit I think.

Is this a temporary blip,or what,may be people taking profits before the next surge up i hope ,any views papalpower.

ateeq180 I would say profit taking as a number of people will not hold over drilling, just in case it goes wrong, this is where the risk players will hold, as they get the biggest gains if its good, or the biggest loss if its bad.

It has jumped up from the 20's to touching 50's, so a consolidation and slip back into the 30's should be expected with this type of company and situation, I would then expect another rise later as drilling nears completion as risk takers come in or top up, and then its either big up or big down when drill results are released.

this share is rubbish to trade or invest , virtually every trade of any size is reported late , making it impossible to see what is happening

To trade it makes it difficult yes, but to invest no, investors do not worry about daily volume of buys and sells, as they have long term targets. I purchased my first lot at 30p, and a second lot will be purchased before drill results when I think the price is bottomed out for a top up.

papalpower , i know what you are saying but i was looking for an entry today which has proved impossible. Some visibility is required here

for instance a 50k sell has just been reported immediately

Yes I have noticed, and this is at the MM's discretion, they can report any trade over 6 times the NMS size at any time, either instantly or delayed by 1 hour.

This is the trouble with price watching, as at any time any trade can be a buy or a sell regardless of where mid price is, I have purchased shares under mid price, and also sold share above mid price, which all adds to the confusion.

But this is what happens with smaller stocks, and until the market goes all SETS, its not going to change as the MM's make a market and make money too.

Just started looking at this one. I might have known i'd find Jimbo and Papal prevalent on the tread.

I'm jumping in on this one, good luck all!

A good price to get in at tallsiii, Eagle Pool is worth this price and more, Glantal is the blue sky potential.

We will know all by the end of January.

this one is moving this morning. Maybe off of the back of the gas price?

Nice move up. Now if EKA could just do the same tallsiii :)

This one clearly hasn't gained a following yet, given that it can go up by 23% before lunchtime and there are only two of us on here to talk about it.

tallsiii,

This share caught my eye last week and I'm in as of first thing this morning having done much research over weekend. There is clearly significant upside to this share providing the Neues Bergland permit comes good. Also already in EKA, GGG, GFM, CHP plus others. Thanks also to PapalPower for the excellent previous posts and links.

The thing that all those VOG investors out there do not realise is that this company has 10 times the amount of gas that VOG has. And their market cap is current only 1 tenth of VOG's. That suggests that the market judges there to be a 100 to 1 chance of EME successfully extracting their gas, against VOG extracting theirs.

Results are due by Q1 on the seal drilling and thrust zones, so I am thinking this move today is a new year rush, and expecting it to quieten down again before any big move up prior to results. I would expect results to be released in March, but who knows.