Eco (atlantic) Oil & Gas Share Discussion Threads

[gsands] 26/6/2007 08:31

Hi Mark,

I'm down to a third holding on CLE, so not that much anymore.

ECO looks interesting and it seems to have some upside momentum. I don't really know where it's heading, but I was looking at this chart last night:

[markralph] 25/6/2007 19:27

well done Mr. Sands! glad to see there are a few real pros in ECO - I trust you are also out of CLE then?

I am starting to think, with the recent Euro100m fund raising and a 9% interest from Credit Suisse, that this could have CLE-like potential!?!? again, very hard to 'value' a comp like this in the traditional sense but with constant newsflow, continued buying interest and the FTSE sustaining itself - we could be onto another winner!

I was wondering if your special TA/ charting techniques lend itself well to a stock like this? be interested to hear your thoughts as always....

TIA.

[gsands] 25/6/2007 18:18

Hi Mark,

Yes I bought in here a while ago and went from profit to loss to profit again.

I picked up a trading batch in the dip which I let go on Friday, so unfortunately I missed this rise today on that, but I still have my core holding in place, so mustn't grumble.

[kozel] 25/6/2007 12:55

Looks like it's still got further to go today - L2 looks very strong.

[markralph] 25/6/2007 12:51

strong day: 400-413p + 39p !!!

anyone care to offer their thoughts on a possible target price??

TIA.

[dailos] 25/6/2007 11:37

Ive been bid at offer...

[gsands] 22/6/2007 08:47

Interesting news on ECO. This must have been above the prevailing market price when this placing was agreed. Rather bullish methinks:

EcoSecurities to raise up to 100 mln eur via placing,stake sale to Credit Suisse


LONDON (Thomson Financial) - EcoSecurities Group PLC said Credit Suisse will
take a 9.0 pct stake in the company in return for a 44 mln eur investment.
The investment bank will buy 9.2 mln shares at 320 pence per share but has
agreed not to raise its stake in the company above 9.9 pct without prior
consent.
The company, which trades in carbon credits, also said it will raise 56 mln
eur via an institutional placing of around 9.4 mln shares. The placing price and
the exact number of shares to be placed will be announced by July 3, it said.
The resultant proceeds of up to 100 mln eur will be used to expand current
business activities and in the pursuit of new carbon market opportunities.
Ecosecurities said the development of its core business continues to
progress and that financial performance for the year to date is in line with
board expectations.
[e-mail]
ran/jsa

[786abdul] 19/6/2007 16:09

Looks like a breakout to me - Gsands

[gsands] 19/6/2007 13:44

Well - as far as I can see it had the chance to touch the trendline on the recent pullback, but eager buyers came in at the April 06 high.

That, I construe, to be bullish.

[786abdul] 19/6/2007 13:42

or will it come back down to touch the trend line in few days, before powering upwards! only my thought

[786abdul] 19/6/2007 13:41

Keeping an eye on this. lets see if it will breakout!

[gsands] 19/6/2007 13:33

Just a few decent sized buys and I reckon this one will be on it's way:

[kozel] 19/6/2007 13:18

Just needs to break above 340p then it could fly.

[dailos] 31/5/2007 16:31

Should be on the up soon...

[asparks] 23/5/2007 10:17

OT but great news for carbon trading:

Alkane Energy Carbon Emissions Savings


RNS Number:0658X
Alkane Energy PLC
23 May 2007


For Immediate Release 23 May 2007



Alkane Energy plc


Verification Process Started for Alkane's Carbon Emissions Savings

Alkane Energy plc (AIM: ALK), a world leader in renewable electricity generation
technology, is pleased to announce that it has signed a contract with Dutch
emissions trading company Carbon-TF B.V. to verify its current and historic
emissions savings from the capture and use of coal mine methane from post mining
activities.

TUV Nord, a world leader in emissions measurement and accredited by the UNFCCC
(United Nations Framework Convention on Climate Change), has started an
investigation into the verification of Alkane's data on methane capture,
collected as a matter of 24/7 routine at its plants. The objective is to verify
all or part of Alkane's last 7 years' emissions savings, which total several
million tones of carbon dioxide equivalent. Once verified, Carbon-TF would trade
these Verified Emissions Reductions (VERs) on Alkane's behalf for an agreed
commission.

VERs are actual emissions reductions generated by the capture of damaging
greenhouse gases, especially methane, and they are purchased by international
companies that emit large quantities of greenhouse gases in order to reduce
their carbon footprints.

Commenting on the development, Cameron Davies, Chief Executive of Alkane, said:

"The recognition by Carbon-TF of Alkane's emissions savings - and its agreement
to trade our VERs - provides the opportunity for future income for the business,
as Alkane grows its numbers of plants in operation."

Editors Note

Methane is a potent greenhouse gas with a net global warming potential 18.25
times that of carbon dioxide. The practical effect of this in terms of
emissions trading is that capturing 1 tonne of methane produces 18.25 emissions
credits in comparison with 1 credit per tonne of carbon dioxide.

Enquiries:

Alkane Energy plc Buchanan Communications
Dr Cameron Davies, Chief Executive Ben Willey, Associate Director
Nick Melson, Account Manager
Tel: [phone] Tel: [phone]

[omalaha] 22/5/2007 11:21

head and shoulders anyone? intriguing chart. lousy website... green and brown ..urgh!

[parvez] 22/5/2007 08:49

Very quiet here for last few days!

GSands, is this now ready to bounce back above the previous high??

[gsands] 16/5/2007 15:04

Good volume into the rise, followed by a low volume profit taking fall.

Now find support at the previous high.

Technically not in bad shape.

[0scillator] 06/5/2007 02:34

GSands, and what does that all portend?

[bigbobjoylove] 03/5/2007 15:49

institutions were buying tons of this at 340 last week.

[shoee62] 03/5/2007 15:40

where did the buyers go ?

low vol drop, but long way. looks like a complete buyers strike