get some good news in that CC to be announced, and charts guys can move it higher in very quick fashion..65 just being a short term stop(before CC I'd bet !) with next in that mid 70 area..I'd suggest that as those drills twist at Bobcat, Wahoo and soon others, the speed and momentum to the upside improves !
well I seem to see it's getting STRONGER as we're now 1hr. 45 minutes til the close..Who could have predicted such? Nostrodomus, out....LOL...side note;.Technicals getting better as any chart guys can see the 65 coming real quick..Maybe not by todays close, but next week for sure in my view...
he says red where I see nothing but solid green..My bet is it strengthens as we get closer to the close..With IPIC guys paid off, that is one less issue to be concerned about...Next it is "likely" Total and IOC are working out final ownership percentages and a very sizable check will be handed over.(albeit slightly smaller than the initial 613 million priorly reported)..Of course IOC will not need to then hand off a portion of those proceeds either to those IPIC guys,,so that is a wash at worst and even more POSITIVE as I see the tea leaves...After that happens the CC is announced, and look out for all the details on the HUGE drilling program including lots of other potential catalysts in that mix...65 coming in the short term..Within the next week or two is my forecast...Nostradomus, out...LOL
maybe another lie with Seeking Alpha and the burbots of this world attempting to do their magic...note our resident burbot Sir Bonkie is ready to chime in with his bs on that..Ignore that #$%$ and be patient..
wait for volume..It will emerge at some point during the day..Just a tad of "cat and mouse" going on..Some one will blink and volume will emerge..Be patient and watch for it..Whether it will be a buyer or just shorts getting fearful, I can't say,,,,,,,,but just watch..It will show up.
ignore Snake and his 1000 monikers. The Wahoo news along with license renewals is GRRRRRRRRRRRRREAT ! Don't be fooled by bs boys..It's gonna move, and I suggest in large increments in the coming day(s) and weeks !
correct ED...Doe not hurt if they have a great Q, but that is a drop in the bucket when it comes to the resource and its successful monetization..
easy to pick out the frauds Ed..Not your type of use when it comes to the English language..Maybe my fraud will show up next ?. No doubt for me, the same person.
easy for mm's and hacks to do that (in my view Ed) with days of low volume..When volume eventually spikes to a more sustained higher level(it will), their ability to jockey the pps and collect weekly and monthly option premiums will be put to the test.
90 days expected to drill, log, and test.....Mark your calendars with this being March 5th..Looking forward to core samples and June 5th expected completion date or thereabouts...
read another posting saying Hession stated IOC would retain 30%..Hope that is true, but still not sure where the other percentage discrepancy comes from..Maybe my math is failing ..Can get confusing at times..
I s "material" the same 30% with IOC as prior is my question...Seems there may be about 3% discrepancy by my math of percentages I've read in total to the entire PRL 15 area..Where or who is that coming from ? Of course shorts need not reply..We understand zero intellectual honesty exists with you hacks.
I'm sure Bonk and friends will do all they can to pull a rabbit out of a hat ..Where none exists of course, but just remember those gas flares coming from those world class wells were some sort of David Copperfield trick..Any chance Bonk has an act in Vegas ? Maybe he is one of those dudes passing out girlie cards on the sidewalk?
that's what I feel is by far the best result of this deal.....It accelerates beginning cash flow coming to IOC by YEARS ! It sold off with the prior deal not being with EXXON for that very reason (in some respect) and the delay of cash flow and when it would start.