Empyrean Energy

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

Haystacks, it's not just the target company shareholders that are the losers, the incumbent shareholders are also losers because whilst issuing 10m of shares for 10m of assets is ok, if those assets end up being worth less than the value of issued shares (ie 10m ) then ALL shareholders are losers. Just look at VOD for example.
2517

It's what these outfits don't say in a news release that always matters most, I find. Read between the lines!!!

;-))

I'd be interested in knowing who stopped out and who didn't - reasons why and why not would also be interesting.

What makes you money in the markets is not entires, it is exits, i.e. cashing in.




WHO DID WHAT?

;-0

I got out, through gritted teeth, at just over 50p ...... As I have recently posted, I think this company is now a busted flush, much as it grieves me having supported it with hard cash over the last year or so.

cynic - the whole point about entering the market is that we have 3 potential opinions - good, bad, indifferent.

We must all have an exit before we have an entry.


Preserve your capital

that is why i got out ..... am now waiting for Dow to reach 11250 and will then think of shorting

Surely this is a buy at 33p possible news on Eagle shortly, possible 1000bpd and develpment on sugar loaf.

With a small market cap and few shares in circulation this could be a winner at this low price.

opinions would be appreatied.

Surely this is a buy at 33p possible news on Eagle shortly, possible 1000bpd and develpment on sugar loaf.

With a small market cap and few shares in circulation this could be a winner at this low price.

opinions would be appreatied.

Surely this is a buy at 33p possible news on Eagle shortly, possible 1000bpd and develpment on sugar loaf.

With a small market cap and few shares in circulation this could be a winner at this low price.

opinions would be appreatied.

IMO, and i held this share for quite a long time ...... AVOID!

take a look on the ADVFN site an article on eme but on the wrong thread its on the: SER thread regarding Eme it loos to be good news.

I would not give a halfpenny let alone twopence for anything emantaing from ADVFN ..... in my short experinece there, i came to the conclusion that 95% of the peeps there had nothing genuine to impart

Looks a buy at the bottom of the down channel?

Nah - I'll wait to short at the top of it. ;-)

I am not a registered user of ADVFN and have searched all the other news sites that I can find, but with no success, including SELFTRADE which normally has up to date news feeds.
Can anyone out there give me the gist of what was on the ADVFN bulletin for EME please?

Interview Wallstreet reporter 11 August, after London close.

Just listened to the Wall street reporter interview twice with Dr Patrick Cross and I thought he came across ok, should have given more details on Eagle and Sugarloaf although perhaps price sensative.

From what he said Glantal is certainly not dead infact more seismic is being done and once Eagle is flowing they will go back in there, he said it has the potential to double Germany's gas, that's huge.

He said very little about Eagle except that they know oil is there and they had had some technical problems, also he did not say too much about Sugarloaf although clearly there is a huge potential with them, he said they have 5%, I thought it was 6%, whatever.

Asked about current SP he said the Glantal issue was disappointing but said the fall back was well overdone, Frank Brophy and some other director did not catch his name are over here within next two weeks to brief institutions and give them comfort, he also said looking to be in 6 projects by end of this year, I think he said that or within a year.

Finally asked about short term 2 to 3 years he said expected SP to be SIGNIFICANTLY higher and market cap to be about 150M so if no further placing that would be a share price of 4.25, that would do me.

Based on that interview and what a similar interview did for Chaco Resources I would expect to see a decent uplift for EME, the interview was not as good as Chaco and other events happened at a similar time, however Chaco went up 50% in the month following the interview but it was not by any means down just to the wall street reporter, could see a decent lift next week with EME.

DYOR, IMHO.

sounds like an awful lot of wishful thinking to me ...... AVOID until there is good reason to re-enter - i.e. when there is some real news and not just pie in the sky

pity its not order book traded,might sort the greedy MMs out and tempt a few in.Not for me again till spred is better,made so much out of these as well back in the 150+ days.







a free 82!

I got in on friday , paid 40p for a nice chunk its got to be done at these low prices,

We will see were these are in a months time, i am sure they will be a lot higher then what they are now

Sounds like cynic got badly burnt, happens to us all, learn from it and get over it.

Have a great weekend.

Interesting stewart3250. A couple of points.

1. Glad they finally admitted technical trouble on Eagle. I've been saying it for ages. For there still to be problems after several months does not bode well IMO.
2. I'm surprised they still see huge potential at Glantal. Ordinarily you would expect companies to go for the "odds-on" first. That came up water! Seismic might bring something else up, but why wasn't that done first? I doesn't add up.
3. Must investigate this Sugarloaf project. Haven't read anything about it.
4. All these guys expect the share price to be a multiple of what it is now. Unfortunately for every one that achieves it, several more run out of cash and if he expects it in 2-3 years I'm certain they'll need to raise a lot more money in the interim.

Upshot - by all means take a stake, but equally expect to lose it all as much as make a 10-bagger.

don't be a smart-arse Newboy ..... Though I did indeed get burnt, at least I got out at about 85p ..... IMO, EME could be heading a lot further south as I do not believe either Glantal or Eagle are going to come up with the goods .... As for Sugarloaf, it is far too early to tell if that will be EME's saviour.