Amerisur Resources Share Discussion Threads

[underhill2] 28/6/2019 11:11

Nice to hear from you again. I hope you are well. Hopefully one day we will see a rising share price here !

[fatgreek] 28/6/2019 10:48

Long time no speak boys. The two 90k+ trades just coming through are mine I just bought some for my SIPP.Hope all the old timers are well.

[panicroom] 28/6/2019 09:55

“The first rule about Good News is you do not TALK about Good News”

😳

[juuunx2] 28/6/2019 09:26

How do you know sellers are done?

[tyler durden1] 28/6/2019 07:34

Bad news and good news?

Bad news Sol-1 good for information, not so for production?

Good news is the sellers are done

Good news: with seller(s) cleared even with limited news the share price is on its way back to 20p for a start

[lw425] 27/6/2019 20:32

16p/17p seems reasonable in the near future.

Point being that after the flow rates from Sol-1 are announced Rig is immediately dispatched to the Indico-2 appraisal well.

Should/could be another 5000+ gusher.

Market will NOT want top be out during this period.

[marnewton] 27/6/2019 18:36

Best it's looked, chart-wise, in a long time.

The long lower shadow on the candlestick bounced off the now nicely rising 8 day EMA - the first time it's shown much of a rise since January.

Tranche two locked and loaded.

There's still lots of resistance to overcome, not least the gap at 15.00p.

TTFN

M

[paradores] 27/6/2019 16:47

Been off on hols. Why does this always happen!? Anyway - great to see and holding gains well.

🌶 supper tonight, so very likely a Friday whoosh!!

[moneylender] 27/6/2019 16:43

Toonarmy. I must admit i am surprised we didnt get an RNS today, yesterdays trading suggested it was coming, what will be in it is the big question. Looking at ONGC tender applications they are certainly gearing up to get things moving quickly, but it all depends on the drill results. If test results dont come this week or next I will be working on the assumption'no news' is good news.

I suppose you're enjoying the Spanish heatwave, hopefully we will get a spin off over the next few days.

M

[knackers] 27/6/2019 16:21

Our seller has become very shy all of a sudden. Any positive news will see this gap up sharply.

Much talk of stale bulls, looking to bale on share price recovery but I think the opposite with a pretty hard core and resilient bunch of LTers who can clearly see with OXY and ONGC there’s a 2-3 year game afoot...and a 50p target (min)

[thetoonarmy2] 27/6/2019 16:20

Moneylender. Your thoughts on when we can expect a flow test result on the latest well on 10th December they announced total depth then on 2nd Jan 22 days till flow test that included Xmas & new years, so when do you think we can get flow test results on this latest well.

[jumpenjim] 27/6/2019 13:38

Payin 13p again Just getting ready fot the Friday WHOOSH

[leas1] 27/6/2019 12:12

Moved yesterday after Uncle Sam woke up. Still a few hours of trading to go. Some good discussion this morning in the lse bb. Worth a read.

[kerri28] 27/6/2019 11:59

I have a feeling that it will finish the day positive with news out tomorrow. Let's see.

[underhill2] 27/6/2019 11:24

Im afraid Yes !

[juuunx2] 27/6/2019 11:06

All back to normal here then.....

[marnewton] 27/6/2019 09:40

I've been nibbling - because it's Thursday, and I'm going out.

Though, dare I say it, news here often has less than the desired effect...just call me Marvin;¬)

M

[leas1] 27/6/2019 09:20

Expected news may have suspended the large trades that we have been seeing and the share price trying to break out of the recent trend. Volume will come back on the back of news. AMER one of 22 bidders for the 20 Oil Blocks up for grabs in Colombia which has attracted some big players. If any of those big players miss out then they will look at other ways of getting a foothold on Colombia's increasing reserves.
Also see that Venezuela are struggling to meet the US oil export targets which has seen a 25% rise from Colombia exports to the US.
Despite Colombia's oil reserves increasing by 10% in the last year, they are becoming negative on gas supply and demand.
Stepping up exploration is very much in their own interests too which will help reduce any bureaucracy.

[tyler durden1] 27/6/2019 09:18

In for a Thursday whoosh and a Friday whoosh...

[11_percent] 27/6/2019 08:57

That's the point....there is/was no news....

[bryet] 27/6/2019 08:42

It was good while it lasted!.

[marnewton] 27/6/2019 08:03

Lucy,

Although I've not drawn the line on my chart (too many already), you can see that 12.50p was support in the first two-thirds of May before flipping and becoming resistance through June, and latterly being coincident with the 50 day SMA (blue line on my chart).

Before yesterday there was slight upward pressure with two openings above 12.50p, at 12.60p. Both days ended down (black 'sticks) on the slightly rising 8 day EMA (yellow line).

Yesterday saw another opening at 12.60p, but this time there was follow through to the North.

I'm not getting carried away just yet. Volume wasn't great. No RNS yet, so is it technical rather than news driven? What does Lady Darjeeling know?

I'll try to get in under 13.00p. A back-test of 12.50p would be ideal.

Good luck all.

M

EDIT: Sorry my chart is so big, can't reduce it!
EDIT 2: I think I'm right in saying that the opening trades for the last four days have been UTs.

[norman the doorman] 27/6/2019 08:02

interesting that the first trade of the day is now a buy when its been a sell for months

[xxnjr] 27/6/2019 08:01

Mariposa and Indico took 26 days and 23 days respectively to test.
About another 10 days, or so, to go.
Unless ONGC have put their foot on the gas.
Hopefully oil though.

[mrx001] 27/6/2019 07:52

Interesting and surprising.:o} Even more interesting, what will the share price do today now.