Columbus Energy Resources Share Discussion Threads

[offerman] 02/2/2018 16:51

Hi Mark,

Well done on your new trade. Good luck think you'll do well with it.
Hope youre right about last of the 5`s but not just yet as im hoping to get more in the 5`s over next 10 days or so.

[northpole2] 02/2/2018 16:43

Up from 5.5p to 5.8p today. I think that's called REVVVVEEEEEERRRRRRRRSSSSSEEEE TIMBERRRRRRRRRRRR 12bn. For today. You've been a bit quiet most of today, can't understand why.

[markbarker] 02/2/2018 16:07

The last half hour and mms loading up sells no affect heavey on the bid

[nexus7] 02/2/2018 15:26

Big Banks Accept OPEC Was Right as They Embrace Oil Near $80

→ Goldman, Morgan Stanley among those to issue bullish forecasts
→ Banks are accepting OPEC’s success in clearing the oil glut

Wall Street’s biggest banks have changed sides and are embracing a surge in oil prices.

Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co. have all issued a flurry of bullish forecasts in the past fortnight. They’ve abandoned their skepticism and are accepting that OPEC’s output cuts are finally succeeding in clearing a global glut...

[fsawatcher] 02/2/2018 14:54

goldman sachs says

oh dear that mean opposit

watch oil collapz now

[greatfull dead] 02/2/2018 14:28

Posted on the PVR bb.



GLA,
GD

[markbarker] 02/2/2018 14:28

G I could not buy this morning with out paying up I am full now this could be the time we don't see the 5 s again you guys should have a result for staying in

[hpotter] 02/2/2018 12:08

This is the description of the company's operations from the job advert. (3245) Perhaps it could be in the header to inform newbies.

'Columbus Energy Resources plc is managing the Goudron Field through its subsidiary company, Goudron E&P Limited. The Company plans to grow in Trinidad by increasing oil production aggressively and exploring for new oil on the South West Peninsula leases. The Company has the opportunity to create exceptional shareholder value using the current producing Trinidad assets as its foundation. The producing assets will create the necessary cash for growth. The exploration portfolio is envisaged to create the opportunity to truly transform our business.

New energy, vision and focus with a passion to succeed!'

[markbarker] 02/2/2018 09:07

In for 200k this morning no more on offer at min very well bid let's see

[arrynillson] 02/2/2018 00:12

12bn - interesting post on the non nutters thread about employment opportunities in Trinidad - Petrotrin have a job which would suit you 12bn it involves measuring the tank levels at Goudron on a daily basis to calculate CERP cash flow - I'll try and find out when the the present incumbent retires - his job title is ' Daily Dipstick ' so you can see why it would suit you!!!!

[the guardian] 01/2/2018 16:29

The 5.55p trades are sells, so someone else is mopping up.

Assuming it's Schroders, thank you, take as many off the table as you want.

[jcgswims] 01/2/2018 15:24

I see CERP are advertising a couple of jobs for Goudron.

[offerman] 01/2/2018 10:57

LolNo But if I had won £1m I would have bought £500 000 worth here not the 500k shares I'm hoping to get soon But if I can get over the 1m holding mark I'll be very happy.

[arrynillson] 01/2/2018 10:44

12bn - there you go again with your nonsense about fund raising - under previous management the company was in such a perilousl position it needed regular fund raising just to keep the lights on at lower and lower prices - now they are awash with cash and investors are throwing money at the company at higher and higher prices - not the 2p level you urged readers here to sell at only weeks ago - even Lind rehashed their deal at a higher price because they could see that going forward they would do better than the original 3p level ( which was then almost 50% higher than your sell advice level - can't believe you felt so exercised at the new option price you thought it was worth a new thread - unless you wanted people to forget your previous clanger!)

[12bn] 01/2/2018 08:18

Northpole2,LGO/CERP has done several discounted fund raisings every year for the last 6 years at least and I don't think that will have changed. I will remind you of your comment when they do the next one,which imo will be sooner rather than later. We shall see.

[nexus7] 01/2/2018 00:20

Crude Gains First Time This Week After Gasoline Supplies Drop

→ Motor fuel sotckpiles declined by 1.98 million barrels
→ Surprise draw, weaker dollar helped push crude higher

Oil rose for the first time this week as a surprise decline in U.S. gasoline supplies helped ease concerns about lackluster demand.

Futures closed 0.4 percent higher in New York. American gasoline inventories fell by 1.98 million barrels last week, the first draw since early November, the Energy Information Administration said. While crude stockpiles rose the most in almost a year, that came after a record streak of declines. Plus, increases were on the horizon due to seasonal refinery maintenance...

[carpadium] 31/1/2018 19:13

I'll be amazed if we don't hear in the next few days of Schroders adding yet more to their holding, the last four days it's been virtually non-stop selling albeit not in huge volume and yet the bid has only dropped a tiny 0.10p. Ready buyer waiting.

[the guardian] 31/1/2018 16:36

What happened, did you win the lottery?

[offerman] 31/1/2018 16:30

Hi guardian I'm hoping price stays here or drops over next two weeks as my personal circumstances have changed and I'm hoping to purchase another 500 000 to take me over the mill mark but no access to funds for at least 10-15 days

[the guardian] 31/1/2018 16:17

With 500k more sells than buys showing and no fall in sp, I wonder if Schroders are still buying!

[arrynillson] 31/1/2018 12:16

12bn - talking of discounting - readers might reflect they would have been wise to discount your advice in view of the credibility bypass!

[nexus7] 31/1/2018 10:56

From edgar222 Today 08:08
-------------------------------------
Next News

The two big items for me are waterflood and increasing production on old wells. There is also BOLT (though the recent lawyer interview seemed to suggest that would take more time), Spain and lots of other bit n pieces.

Waterflood news has the power to really propel the share price. Not only because of an increase production in the well(s) they are working on but because the market will extrapolate the numbers across the other wells. These guys are expert at waterflood and think the Trinidad waterflood is easy. Ahmed was almost laughing in an interview when he described how little pressure / water they were using compared to his previous experience. Which means it is relatively cheap too.

Production from existing wells is also potentially propelling. LK was disappointed only to make his headline target and he thinks there is more to come. That "more" was not available for the next RNS and we were told why. Hopefully the leap in numbers will be in the next RNS with those problems resolved.

The question is when is next news. I simply have no idea how long a waterflood pilot takes to give stable producing numbers. Anyone?

[northpole2] 31/1/2018 10:55

No, not soon. Wrong. AGAIN. CERP is fully funded for 2018 as confirmed by the company on a number of occasions. When will you get your head around this? Do you know what "we are fully funded for 2018 work programme means"? Why on earth would they undertake a discounted fund raising with the funds they raised in late 2017 and with the above statements which will certainly have been verified by their nomad as required for RNS statements such as that. Try and think of something new to say. You just make yourself look even more daft with statements such as this. And if the company was going to do a raise, don't you think they'd be trying to move the share price higher first? Oh, no sign of that either. They're just getting on with business obviously.