Amerisur Resources Share Discussion Threads

[return_of_the_apeman] 09/3/2018 11:37

Sold your shares then Boris and changed your tune accordingly

If you truly think it is going to go to 10p then short it, then you could go long at 10p and give it a boost by closing your short

boris cobaka - 27 Feb 2018 - 15:08:58 - 7234 of 7541Amerisur - AMERharrisun not changed sides. Still on my side. Just in for a short term trade and with the unconfirmed break below 16p it's not too high risk.

The volume swung it.

[moneylender] 09/3/2018 11:07

Wish all you negative posters would work a bit harder,
I want to buy some more sub 15p.

How about trying water in the wells or quicker exhaustion
than expected. Or even FARC are taking up arms again to kidnap JW.

Come work harder.

[harrisun] 09/3/2018 07:59

Boris
as others have posted you do not have any idea how many Rex will dispose of and oil is still over $60 after your previous doom and gloom about.

[bad gateway] 09/3/2018 07:13

Volumes actually been up since the high volume break out from the falling wedge I highlighted boris so think we can discount your first red flag?


free stock charts from uk.advfn.com

[kaos3] 09/3/2018 05:42

yes - but there are green flags -

GeoPark TA activity
upcoming AGM
ongoing balance sheet strenghtening
void at drilling and communication must end
ongoing share accumulation by big shareholders
no one is selling and the "puke" at the bottom was absorbed easily (Rex becoming less and less relevant)

etc.

bad atm but many things to look for

[boris cobaka] 09/3/2018 05:24

Mornin'

Recent trading pattern a bit ominous. Earlier in the week they popped the share price upward with a nothing trade to tempt a few tech traders that it's about to break northward but it looks like a bit of a perfect storm gathering here. At the time of that wee bounce about a week ago i mentioned that it would be a first for quite some time if the share price hadn't tested the lower band before reversing. First red flag. All during this time there's been absolutely no volume whatsoever. Second red flag. They took it sub 16p again looking to suck in traders ready for a decent bounce but it hasn't happened.
Now we have the oil price rolling over for the completion of an ABC correction. I'd be looking at the 200dma on the weekly for a guaranteed test. Oil co's will follow so expect short term weakness within the sector. Third red flag.

Finally Rexy baby still hanging around like a fart in an elevator. The volumes tailing off aren't helping his cause. I suspect it's decision time and if he wants the funds elsewhere ready for the continued melt-up in the wider markets he's gonna have to pick up the pace of the dump.

This stock may finally start to get interesting. Watching closely especially the volumes - he's got a lot to clear even if he just wants to reduce by half. That will see the share price 10p at least but i suspect we'll more likely see a 'flash crash' event as a final capitulation.

Gl. All imo etc

[laptop15] 08/3/2018 19:21

https://twitter.com/laptop1515/status/971827978865922048?s=19

[bluerunner] 08/3/2018 18:25

Preliminary results were on 10th April last year. Can someone confirm this year's expected date please?

[laptop15] 08/3/2018 17:23

Cheers juuunx, your welcome to join our amer shareholder group. Follow me and I'll invite you

[juuunx2] 08/3/2018 14:58

Good post Chris

[laptop15] 08/3/2018 13:47

https://twitter.com/laptop1515/status/971437738103894017?s=19

[laptop15] 08/3/2018 13:46

https://twitter.com/laptop1515/status/971645737921638400?s=19

[bryet] 08/3/2018 10:46

Just sellers today.

[mintington] 08/3/2018 08:58

With regards to the reserves update due later this month....anyone like to hazard a guess as to percentage uplift....Plat 22 a shoe-in....can we yet add CPO-5 as it is on LTT ?

[trotting12] 08/3/2018 07:55

Bigbas,, been there my self !! One learning experience I wouldn't recommend ,, but life is full of ups and downs ,,

[moneylender] 07/3/2018 18:59

Hey Baz, glad your ok and friends and family giving you the support, nice one.

May see you in Cardiff one day!

[bigwavedave] 07/3/2018 18:13

Bigbas - good on you mate. If it's any consolation, you're not the only one who's been put through the mincer.

[tonyrelaxes] 07/3/2018 17:48

Piperpeter.

The last P2 reserves released was to December 2016 and were released last March by RNS.
If, in your researches, you missed it on the Company's website the RNS link is


We are expecting the December 2017 Reserves report later this month.

[acv74] 07/3/2018 17:41

If the company were to start a buy back or dividend programme that would sort out the overhang.I was in bowleven when that started a buy back programme (to avert an aggressive takeover bid, which they failed to do) and the share price rose significantly.

[davwall] 07/3/2018 16:44

We might have a habitual seller, but at least lately there appears to be at least one substantial buyer to provide a little balance .

[juuunx2] 07/3/2018 16:16

You being one of the biggest