Amerisur Resources Share Discussion Threads

[quidnunc] 12/2/2018 10:21

Dow still supported by cloudbase. LSE seems to be settling a little but way below clouds. The AIM took most of the pain.
Amer also below clouds, trending down and looking very bearish, except there's a DB which might indicate a reverse.
As always this last year, the low volumes attenuate the chart signal even without Rex's contribution.

but.................................the narrative is still strong and hope springs eternal etc.
Q.

[acv74] 11/2/2018 19:31

Fundamentally the company is in great shape... around $350k operating cash flow per day, around $125m pa. numerous drilling opportunities.I don't understand the stock market and how it moves sometimes but value must out at some point, surely it must. Unless there's something I'm missing.I'm holding tight.

[juuunx2] 11/2/2018 19:15

Apache that's why your a dropout

[napoleon 14th] 10/2/2018 14:01

blackdown2 - agreed & also hope that's how it works out.
____________

More dropout than apache, it seems. Vacuous...

[3roach] 10/2/2018 13:55

About 12 weeks to AGM, usually some bone to throw to us...?

[33mick] 10/2/2018 11:04

"Oklahoma requires drillers to stop fracking for at least six hours after an earthquake of 3.0 in magnitude. If one registers 3.5 or more, they must suspend operations for two days and coordinate with regulators on plans for restarting.

That, according to frack critics, isn’t enough.

“I am incredibly concerned about where we are in Oklahoma,” said Johnson Bridgwater, director of the local Sierra Club. “They’re just fracking like crazy.” Without a slowdown, “we’re setting the state up for some large mass-magnitude earthquakes.” -"

[jpodtrading] 10/2/2018 10:19

I'm still buying, For me it ticks all boxes. Amerisurs day will come.

[blackdown2] 09/2/2018 17:47

Great to see such an analytical and objective post. Keep them coming.

[blackdown2] 09/2/2018 17:11

Even if, as predicted, WTI falls to around $55/barrel, Amerisur is still very profitable and generating more than enough cash to fund its drilling ambitions.

The real issue is whether these small companies have a worthwhile future given their overall cost:income ratios. A (larger) purchaser would almost certainly be able to improve this ratio and so significantly improve profitability.

My money is still on AMER disappearing during 2018, at a significantly higher price than currently. Who cares if the lows are tested. It’s the medium term outcome that matters.

[davwall] 09/2/2018 16:54

Maybe FA and ML hit the nail on the head when they were buying earlier this week and found market liquidity was surprisingly tight. Could it be MM's are busy trying to create greater liquidity by forcing the share price down - whatever the agenda? Certainly today's trades don't look particular negative and thereby driving the continued fall.

[jnbrw] 09/2/2018 16:54

weak close and at low of the day

looks like a test of the lows at 14 /14.5 on the cards

[bryet] 09/2/2018 16:33

Not good 15p Monday?.

[rollthedice] 09/2/2018 16:30

Markets still looking very weak so I'll sit on my hands/cash for now in case we see more of the same (or worse) next week. AMER will eventually come good so it's tempting to top up but not against this backdrop.

[philwalker36] 09/2/2018 16:27

laptop,

Im not questioning it is happening but how is it happening, who's manipulating and to what end?

[laptop15] 09/2/2018 16:17

Manipulation at its best!!

[value viper] 09/2/2018 16:13

long, cant resist

[lauders] 09/2/2018 14:27

If you can be patient that seems about right pennydealer. If you need the money in the short term for anything then think more. Who knows when upward momentum will start here?

[pennydealer] 09/2/2018 14:27

Took the plunge and doubled up. Happy to give this time.

[pennydealer] 09/2/2018 14:08

Cant really argue with that. To buy more OR cut losses and sell ? My gut instinct telling me to buy and average down from 19.8p

[bryet] 09/2/2018 13:34

Everyone here says that just shows we are all clueless.

[pennydealer] 09/2/2018 13:03

I really cant work out why this is not trading substantially higher.

[bryet] 09/2/2018 12:35

Just at the moment nobody seems to care just hope we can hold up a bit better by the end of the day and that over the weekend things settle down.

[eddie_yates] 09/2/2018 12:05

Lets hope that the end of March reserves updates are worth writing home about!!