Columbus Energy Resources Share Discussion Threads

[smoggyg] 20/11/2018 08:00

toploadermike20 Nov '18 - 07:01 - 6310 of 6310
0 1 1
Thanks Nexus,

With all respect that really doesn't mean a lot to me, I've been investing for years and even someone with and endless pot can get things wrong. Investing is about making money for those people who want more money, those who have enough don't face the same pressures so again said with all respect those posts from Bigmj don't mean anything to me.

If you look at the share price it has continued on a downward slide and looks like it's going to until more recent updates are published on the open market. So although I have been topping up it won't be much longer before I offload as losses are not good for anyone and I want my money in a progressive stock making money not withering away to nothing.

ATB
TL

[toploadermike] 20/11/2018 07:01

Thanks Nexus,

With all respect that really doesn't mean a lot to me, I've been investing for years and even someone with and endless pot can get things wrong. Investing is about making money for those people who want more money, those who have enough don't face the same pressures so again said with all respect those posts from Bigmj don't mean anything to me.

If you look at the share price it has continued on a downward slide and looks like it's going to until more recent updates are published on the open market. So although I have been topping up it won't be much longer before I offload as losses are not good for anyone and I want my money in a progressive stock making money not withering away to nothing.

ATB
TL

[markbarker] 20/11/2018 06:16

Market cap should be 5 mil

[nexus7] 20/11/2018 00:48

From bigmj Mon 21:04
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Don’t panic guys

I read these boards and don’t understand why many people bother investing , investing in shares isn’t a guaranteed get quick rich scheme and more often than not on aim is a get poor quick scheme. I have a huge amount of money invested here and am very confident this will prove to be a very sound investment, however this will take time, in the meantime the share can go up, down or stay the same and it won’t change the business I am invested in.
Once 1000bopd is confirmed at the end of the year, the share price will settle in a new trading range, this range will be far higher than where we are now, of that I am sure. It either way, this company will continue to grow production

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From bigmj Mon 22:14
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Placing and open offer
Everyone who wasn’t happy about their not being an open offer attached to the placing now has their chance to put their money where there mouth is, buy shares on the open market for circa the placing price and in turn mopping up the shares will help push the price back up, if you don’t buy now then you can’t really moan about not having a chance to take part in the placing

[toploadermike] 19/11/2018 22:43

I agree with all of that and as a newbie to this share I can tell you it's very worrying to me to see the price drop as it has with no intervention from the company by means of market updates. So if you feel you grumbling unnecessarily I can honestly say I don't think you are!

I nearly offloaded all mine a few weeks ago as I have seen shares do this many times and some have never recovered. I also hope the Management start to release some good news soon before the Management and the company's name gets tarnished unnecessarily.

ATB
TL

[the guardian] 19/11/2018 18:47

Carpadium, I have been saying the same for a year. I can understand the companies stance when we were only working on Goudron because in retrospect, there wasn't really anything to report.

However, if the SWP is as prolific as we have been told, then there must be something which could be released six weekly which would make us feel like shareholders rather than mushrooms and most importantly encourage more buying.

[keiwi] 19/11/2018 18:32

Steady drop over the whole year to lowest level. So much for the steady rise promised
by Christmas..... not impressed in fact hugely disappointed, all early talk, much later silence virtually.

[chrismick] 19/11/2018 17:57

No doubt LK and team are putting a shift in but not many can be 'enjoying the ride' at the moment. Lets hope a Santa rally kicks in soon.

[carpadium] 19/11/2018 17:08

Bad enough to have poor market sentiment but LK and team could for once support the share price intra-quarter instead of the end of month splurge that to date hasn't got us very far in any case. There's a stack of action that could be commented on, just a few reported encouraging words might stem the rot. Investors' share as opposed to a traders' share, phooey! Couldn't give a toss that directors are paying 5.1p re. their monthly shares, we started the year at 5.45 and price performance since has been utterly pitiful. As for the 6p, 12p road map predictions the least said the better.

For newbies no doubt everything is wonderful, for LGO/CERP LTHs woeful.

This, by the way, is my first grumble re CERP to which I feel entitled. No doubt news re any colour of the rainbow project should put me back on track.

[toploadermike] 19/11/2018 16:05

There you go, spread back to 4 again....

[nexus7] 19/11/2018 16:00

Interesting info from LSE
From Razorman Today 09:20
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RE: US shale producers bust



How Wall Street Enabled the Fracking ‘Revolution’ That’s Losing Billions
By Justin Mikulka

The U.S. shale oil industry hailed as a “revolution” has burned through a quarter trillion dollars more than it has brought in over the last decade. It has been a money-losing endeavor of epic proportions.

In September 2016, the financial ratings service Moody’s released a report on U.S. oil companies, many of which were hurting from the massive drop in oil prices. Moody’s found that “the financial toll from the oil bust can only be described as catastrophic,” particularly for small companies that took on huge debt to finance fracking shale formations when oil prices were high.

And even though shale companies still aren’t turning a profit, Wall Street continues to lend the industry more money while touting these companies as good investments. Why would investors do that?...




I

[toploadermike] 19/11/2018 15:14

Don't expect the spread will stay that tight for long, it's been kept at 4 on and off for some time so now's the time for me to get even more if I can.

ATB
TL

[perfect pete] 19/11/2018 15:14

Big sell, is that the last of it?

[toploadermike] 19/11/2018 15:13

Just bought some more :)

[toploadermike] 19/11/2018 14:58

Bad day on the markets in general, although most UK Markets up, nearly all my stocks are down and I have a wide variety not just Oil's.

ATB
TL

[nexus7] 19/11/2018 09:58

Can We Expect A Major Rebound In Oil Prices?

[arrynillson] 16/11/2018 22:57

SmoggyG/12bn - I would suggest that most posters on the jcgswims thread are shareholders/ people who would like to see the company succeed and their posts reflect that - I don't consider such behaviour reproachable - it is the basis of most chat boards and well understood by readers.

What is not well understood is the motivation of a poster who is continually negative about CERP - you had a good opportunity to reevaluate your stance on CERP when LK took over but you continued bashing the company without giving his ideas a chance leading to your embarrassment over the Schroder involvement and the surge in share price

I don't therefore accept you present a fairer picture as you are regularly ignorant about the CERP business plan and I suggest most readers would share my concern at your claimed lack of financial interest in the company - if you admitted you benefit from a reduction in share price your glee on any marginal downturn could be understood but to persist without interest suggests some form of relationship with this share which people would more readily associate with someone who is unhinged 12bn!

[nexus7] 16/11/2018 18:36

From Horseyhead Today 11:26
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RE: Oil Price
“The airborne survey contractor ARKeX Limited ("ARKeX") has now successfully completed the Full Tensor Gravity Gradiometry ("FTG") survey in Trinidad announced by the Company on 15 January 2015. All the planned data has been gathered and accepted as being within specification.

As reported previously the aircraft commenced flying the gravity and magnetic survey over the entirety of the prospective onshore and near-shore areas of Trinidad in mid-January. The data gathered covers an area of approximately 5,700 square kilometers and has now been transferred to ARKeX's head office in Cambridge, UK where initial data processing is already underway.

LGO/Cerp has acquired a license to the entire survey and it is expected that the initial processed results will be available within several weeks and will then be used over the coming months in more detailed interpretation work in both the producing Goudron Field and in the Cedros Peninsula where the Company holds approximately 10,900 gross acres of underexplored prospective leases.

The data will also allow us to better understand the Cedros Peninsula and other areas of onshore Trinidad where we believe there to be considerable further untapped oil production potential."

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From Horseyhead Today 11:30
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RE: Oil Price
“The survey, which is open to licensing by any company, covers an area of approximately 5,700 square kilometres and will be acquired using a fixed wing aircraft flying at 120 metres over the terrain along a flight path made up of 12,800 line-kilometres. Flight lines will extend offshore to the west, south and east of Trinidad to ensure complete coverage of the land area. The aircraft will simultaneously acquire magnetic field data and also LiDAR over the land area.”

[toploadermike] 16/11/2018 10:06

Yep, just went with 3.5K this morning and am waiting until later on in the day to see what happens with the markets. It's just another top up while things are low...

[chutes01] 16/11/2018 09:55

easy now tiger

[toploadermike] 15/11/2018 21:13

Intending to put another 10K in tomorrow.

[nexus7] 15/11/2018 15:13

From Horseyhead Today 10:18
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RE: Oil Price

Better terms ahead for Trinidad oil??

“Young also said that the price Petrotrin’s crude oil was fetching on the international market was well above the West Texas Intermediate price, the international benchmark price at which the TT budget is pegged. “We thought it would have been less than WTI. It’s even higher than we thought the crude was worth,” Young said.”



“Boasting that the exports of crude oil now earn this country US$3 a barrel above the quoted price of West Texas Intermediary (WTI), Young quipped, “That’s why Mr Wylie was hired.”