Empyrean Energy

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

think what you like ..... and if i had thought EME was a "thundering buy" either at 38 or even now, i would put my money where my mouth is .... i don't, though there is a (reasonable?) chance that EME will recover at least spome of its poise ..... Equally, i did not and will not buy RPT as i think the management stinks, notwithstanding that share too has surged in the last week or so ......

for myself, i think (perhaps wrongly) that VOG is a better bet, and even more speculatively, GOO and CHP, though I would be very pleasantly surprised if all 3 or even just 1 hit the jackpot.

Well i am sure urself(even thoo you dont hold EME)and those who do hold would like to see this one hit the jackpot.

Regards

indeed, though as i said in my earlier post, i don't think there is any hurry to jump on board as "true" news is at least 8 weeks away ..... at least regular updates will keep the share on the bubble one way or the other

Afternoon all.

Sugarloaf: 6% interest. I'm with Cynic on this one - it looks like a hold for those who are in. If the find is towards lower end of expectations then it won't provide a lot of upside to the shares. If it is multi-trillion cuft it could be worth a bit. Wait for the drilling results, IMO.

tcdmt - in my experience Cynic is one of the most objective posters you'll find on these BB's and I am grateful to him for posing the questions too many of us forget to ask. He's also frequently right! If your "sure thing" passes Cynic's tests, you could be on to a winner. If not, I'd query whether I was skating on thin ice.

and cynic wishes he was better at taking his own advice!

LOL - like me you benefit from 20/20 hindsight!! :O)

I notice that you (cynic) are a frequent visitor to the VOG board & that you have put your money where your mouth is, so please don't take offense. Your comments are welcome and digested.
But again, the point I was making is illustrated by EEN this morning. Output up, but test wells plugged & abandoned: Share price down 10%. That is pure knee jerk.
Good luck to all who are still travelling on the EME rollercoaster!

i almost never take offense and ceratinly would not in this instance

Eme , just look at it go, momentium building, plenty more left to come, dont you just love it.

Have a good weekend.

Cynic you are becomming tiresome, get over it and move on.

see independant today!

so what does the Independent say? ...... I know you are a fan of EME, so presumably there were encouraging noises, but it would be nice to know exactly what

Have checked The Independent website for EME news. Nothing.
Likewise F.T.
What's the gossip, shadow?

I found this on Sharecrazy, but so far have been unable to find the article in question:

15.08.06: -0.5, (51) an article in the Independent reports: Empyrean Energy rose 9p to 51.5p amid rumours it is about to update positively on its Californian operations.

This was dated 15th Aug, so it is now irrelevant anyway.
Haven't found any article dated 19th Aug. May have been a summary of their press release on the 18th Aug, which we have all seen.

The note of 15/8 would merely have been vague and not very accurate confirmation of the start to drilling at Sugarloaf and not, I am sure, anything at all to do with Eagle.

Shadow has signally failed to jump back with chapter and verse on his "hot news"!

At least i pointed you in the right direction, to the Independant therefore any article relates to Eme is aposative one, by this August an update seems very possible on the flow rates on the Eagle-1 north. Which is encourageing news, regarding the flow rates are in the region of 1000 bopd and above.

Did you? And what evidence is there to support an assertion that Eagle will truly perform on a commercial basis? So far, it has just been a story of diappointing delays and silence, which is unsettling at best.

All cynic are negative people, like your self, which is why eme are taking there time to produce good results.

that is a total non seq! .... if eme has something positive to say which can also be supported by evidence, then they will not be shy to go to press .... at the moment, they clearly do not ..... and equally clearly, nor do you!

Overbought in a downtrend.

Candy.......! ;-)