Empyrean Energy

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

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.

I too am interested but hold no shares yet. Am awaiting next news on Germany before deciding to commit or not. At present, without news, VOG is the better bet.

The protected seller is very greatful to all the hype surrounding oil
and gas stocks and would like to thank the small punter for enabling
him to dump many blocks of EME stock at 41-42p instead of the usual
30-35p :-))

Nothing against this stock long term but today all the small punters buying
has let a big holder reduce,online all day you could buy below the mid price.

edited by moneyam

Shadow - Surely that information is insider dealing and therefore illegal. You posting it makes you party to the insider dealing.
Might be worth doing yourself a favour and remove the post before those chaps at the FSA ring MoneyAM up and ask for your details.

Shadow

Your post has been recorded and IP address logged. Writing false information on these boards is illegal.

Shadow,

What a blatent de-ramp, unless you have foundation for your statement I suggest you stop issuing dribble and also stop posting on AD*** as you are trying to influence people which I would suggest is illegal as significant amounts of money may well be involved.

This is latest drilling report, an RNS should be issued tomorrow about the current position.

http://www.asx.com.au/asx/statistics/announcementSearch.do?method=searchByCode&releasedDuringCode=W&issuerCode=VPE