Empyrean Energy

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

;-))))

Reason for todays drop.

http://moneyam.uk-wire.com/cgi-bin/articles/200703120800137438S.html

"Sugarloaf Hosston Prospect, Texas USA
-------------------------------------

AIM quoted Empyrean Energy PLC today announces that fracture stimulation of the
Hosston Formation was successfully carried out but on flow-back, only minor gas
was recovered at a rate too small to measure. The Hosston Formation will now be
plugged off to enable the testing of the shallower Cretaceous carbonates to
proceed......................................

Woof!

quite tempting to go short

This is about to achieve lower lows imo

Where are the bulls of this shower? It's very quiet.

Sold the last of my stock in EME last week, thank goodness. Us bulls have been emasculated!

big spread at the mo, but if i can deal well inside it, may indeed go short, if only out of braggadocio rather than with a serious position

Surely cynic, at 15million approx the market cap on this one is too small for you, haha.

anything over 10m is doable ..... how long EME stay above that level is another matter, just as happened with BFC

Spread too big for me, cynic, but best of luck. Dunno how much downside there is.

HARRY - commiserations. C'est la vie

haven't done it ...... bought back into gold instead on basis that $ is now weakening quite significantly .... got stopped out last time i did it, about $4.00 below current, albeit at a good profit.

Hmm, interesting RNS Monday.

Water coning - who turned the tap on too quickly, eh? Naughty, naughty. Either that or it's water-wet anyway. 1 down, 2 to go and 3 to drill.

Wouldn't it be great if EME had a week where they actually released all good news? Full of promise 18 months ago and then they got down to the nitty-gritty. Oh well. ;-))

You seem to be fixated by this one Big Al !!! Do you have a vested interest? Or just memories of a former lifestyle? :o)

HARRY - not fixated as such, but being in the busines I've found it a tremendous mental exercise deciphering the RNS's and interpreting the true story.

I don't think I've done too bad so I check their releases every so often and attempt to pit my wits against the management of EME. LOL

Great fun.

On the serious side I really don't have a lot of faith in EME making the break from high-risk explorer to anything concrete. After the initial excitement of potential, they've consistently failed to return anything at all!

Sadly, I agree. I fell in to the trap of being 'Brand Loyal' so hung on to my EME which I bought at 97p way back. Sold recently at 42p as thought I could make up the loss with IPL, so took a bit hit. But as you said, c'est la vie. Golden rule, don't get attached to a particular share, which is what I thought you had done.
I'm out & staying out for a while, though will keep it on my watch list.

HARRY - I bought some at about 34p and sold in the 90's just over a year ago when all the excitement began. I didn't get the bottom and I didn't get the top. For me, I work in the business so I like to keep an eye on things.

Sorry for your loss, but it obviously didn't wipe you out, which is great news. You live to fight another day!! ;-))

Anyone any new

EME is a no-go area. Poor management and I think they will be looking for funding soon

Hlyeo98

Can i ask why you think this is a bad stock,as a no go area.
Also how did you get on with your investment with patientline(ptl)