Empyrean Energy

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

Putting aside S/Loaf for the moment. Checking around i see that Eagle is back on
the agenda,from VPE's site Eagle drilling Jan 2008 and EME's,in the process of preparing the well (2006) for production testing?
cyril

Radial cement bond logs are often a complete waste of time and money. In the majority of cases they are so hard to understand that all they do is generate confusion

conversely, the share price movement is easily interpreted!

Hopefully we get some positive news this month?
Happy new year to all, even the doubters.
cyril

i don't doubt!

6month decline in sp. a 140%rise would still see it lower than July.

Precisely, its where it is, at present. What your statement shows is at the scent
of news this could rocket. From another board in answer to an E-Mail the reply was that Kennedy will start testing soon and when it does?
cyril

how often have you heard that about EME and how often has it had a little surge and how often have EME then had to come back and say all is not quite as good as predicted? ...... why don't you guys ever learn that at the very least, the management is not to be trusted to give out accurate info in the first place?

noc- i agree if you believe now would possibly be the time to punt.
-9% today on 74k volume. MM's are exploiting lack of +'ve news again.

Cynic if your not to bussy can you look at the (MXP) charts..... let me no wt you think !!!! Thanks ........ post back on mxp

cynic and how many times to i have to point out that EME is a very junior partner,
and not the masters of their fate in this play?
cyril

the company and its management are total CRAP ..... the share performance says it all

We'll have agree to disagree on this one. But to put it in perspective, IEC from 15 60p down to 8,and remember you were not at all positive about that one.
cyril

almost like comparing apples with cement mixers! ..... i actually bought into IEC on chart pattern, though it happens they are also a significant oil producer, which EME patently are not! ..... i have also taken profits in IEC at various times, including some more just before Christmas ..... difficult to have done the same in EME over the last months!

That was my earlier point regarding EME, its near a low and with news of fraccing just around the corner theirs a very likely chance of a once nice profit? If you read
my post Christmas shopping i put forward EME as being able to make 10%,
Bid 29p to Offer 32p is a fair profit. I suggest you look at the chart over last 6 months and you will see what swings their have been.
cyril

if EME shares go up 10% (mid/mid), how much will you make nett after taking account of the spread and dealing costs? ...... best part of bugger all!

I believe i used the terms bid and offer which after various expences related to 10%. And imho will be easily achieved in the very near future?
cyril

keep sticking your money there then ..... perhaps you would also like to add ULT and SEO to your portfolio

TUT, TUT i would certainly not be so presumious to tell others where to put their
money,and most certainly not because of having a different view . As far as SEO concerned bought in the early days at 4p(16p&28p), IEC at 3(15), VOG at 36p(230pl) BRR from11p 7p and 16p(top sliced at 21p) EO. at 27p and 30p, as far as EME. originally at 30p (before selling a bundle above 150p) and recently (8 months ago)at 27p and taken some nice profits along the way.So i feel i have
a reasonable feel for a oil share, MRP and FEP are my failures.
Back to EME, it is IMPORTANT that peeps understand that S/loaf news is being controlled by the major involved and have to obey their rules on news releases,
the aussie JVP's are subject to laws which mean they are compelled to release
weekly updates, this in turn puts an obligation on EME as some of the news could be regarded as sensitive and explains the late RNS's (need to pass the Nomad)
following such releases.
BB's are for peeps to share info and help each other, not to take things to heart. At the end of the day we're grown ups and responsable for our trading desicions.
lol
cyril

sorry, but though it happens that i too made money on EME in the distant past, its more recent record stinks!