Columbus Energy Resources Share Discussion Threads

[edgein] 20/9/2017 09:26

TheNorth,

Tempted, don't think I will though as he's doing a mighty fine job as he is and doesn't need advice from shareholders at this stage. :) Just more musings really. But would be nice if he went down that route, but I'm fine with the organic growth route too. 670 alone may make Lind obsolete anyway, any one of these C-sands wells have the potential to have material impact on production and cash flow. If any one of them returns to what LK describes as "material pressure" then its really game on.

Regards,
Ed.

[bigdazzler] 20/9/2017 09:12

If this stays above 4p on the weekly closes I see us in new trading range with a nice tasty target of 7.8p.

Much more to come in positive price action.

[oilforex] 20/9/2017 09:07

Added a few this morning. Buy was reported as a sell so possibly more interest here than the MM would want us to believe.

[thenorth] 20/9/2017 09:00

So 4.85 on the ask.... long way to go but boy this feels better...5p is .25p old money - to give peeps an idea with 1000bopd on the cards I see 1p to 2p as fair value which in today's world is 20p to 40p a share... I guess the market know this and I'd rather see daily increase than a rocket into orbit on the back of the RNS that confirms this milestone being breeched....

[thenorth] 20/9/2017 08:55

Just a reminder for anyone that actually reads this thread - 550 bopd abd CERP are cash flow positive and at the moment we are 100bopd under that figure with extra bopd being added every week... oh and the small matter of water flooding to consider where 1000bopd from one well alone is possible according to the new management team...Please listen to the video taken at the AGM that is on the companies website.... it contains this and even more facts...CERP Buy Columbus Energy as a ten bagger says Andrew Monk (with charts)... and ANO Total loonhttp://shareprophetsltd.cmail19.com/t/ViewEmail/d/AF8DA5C66D097741/1A1058F11D1F9CD99A8E73400EDACAB4

[thenorth] 20/9/2017 08:54

Ed what a jolly good idea...I do hope you can report back some form of reply although as that might be price sensitive info I fear the response from LK might be tempered...

[12bn] 20/9/2017 08:54

Nice big spread on this £11000 a DAY loss maker. MMs are playing with PIs here.

[edgein] 20/9/2017 08:52

I get the feeling that LK is going to be Petrotrins weapon of choice to get some of these other old fields back up in production again. As the man says we're asset rich in T&T and perhaps in the next 12 months cash rich too! Great to have the competitive advantage on the new clean up and stimulation technique too. Also very interesting that other companies are approaching LK to help develop their assets by offering assets and cash for CERP to get involved and he turned them down! Shows how highly thought of this guy is they were gonna pay us to acquire part of their asset! We should have approx 13 more workovers by the end of the year and 670 should be responding to waterflood and smart pump by the end of next month. I'd almost be tempted to email Mr Koot and see if they can get Lind talked into giving us another $2-4m at a premium and get one of these deeper 200mmbbls targets drilled. Perfect storm.

Regards,
Ed.

[thenorth] 20/9/2017 08:51

First sensible post but I'm staying put here ta.....

[tmmalik] 20/9/2017 08:43

Don't get fool by price dipsIt's just big orders and broker sell few to fill their big orders.This week it will cross 5.5p

[12bn] 20/9/2017 08:42

12bn18 Sep '17 - 07:43 - 352 of 375 0 0 Edit
Edgein1 Sep '17 - 11:23 - 3567 of 3608 4 0
Dingo,

Agreed, maiden resource will address our tiny cap and that's just the start, the company is sitting on $m of Chinese money waiting for the rains to clear and the drilling to continue. The discoveries are pretty much open in all directions ready to continue to expand.

Regards,
Ed.
Edgein5 Sep '17 - 09:28 - 3568 of 3608 2 0
Market is surprisingly quiet on these at the moment given what lies ahead and frankly could appear at any time. The company said earlier in the year they were looking to get a maiden resource out in 2017. PREM for example got their maiden resource out on just 2500m of drilling, KOD to date has done over twice that at slightly higher average grade too. More than enough drilling data to establish a maiden resource figure that can be expanded upon when drilling shortly recommences. A few bargain hunters appear from time to time even though the company has now greater upside than it did when it hit 0.6p early this year.

Regards,
Ed.
cyrilsneer15 Sep '17 - 09:37 - 3569 of 3608 1 0
Edgein, people are missing the trick here also. KODs cut off grade is 1% PREMS is 0.5%.
cyrilsneer15 Sep '17 - 09:42 - 3570 of 3608 1 0
Also KOD are only reporting on minimum 5m thick sections, most other lithium stocks are reporting 2m minimum. DYOR but in my opinion it's only a matter of time before people take notice.//////Listen to your very own edge on kod.

[thenorth] 20/9/2017 08:41

As if by magic we are blue again...Like I say games afoot...

[thenorth] 20/9/2017 08:41

Deffo games afoot... not a single share traded below 4p yet they are bidding at 3.9....

[red army] 20/9/2017 08:40

Lots of little nervous sellers on T20 I guess taking the edge off any price rises.

[thenorth] 20/9/2017 08:39

Offerman I think the MMs just triggered a few stops... after all they must be getting ready to load up in order to sell those 4p shares at a much higher price.... we shall see over the course of the day...

[thenorth] 20/9/2017 08:37

Just a reminder for anyone that actually reads this thread - 550 bopd abd CERP are cash flow positive and at the moment we are 100bopd under that figure with extra bopd being added every week... oh and the small matter of water flooding to consider where 1000bopd from one well alone is possible according to the new management team...Please listen to the video taken at the AGM that is on the companies website.... it contains this and even more facts...CERP Buy Columbus Energy as a ten bagger says Andrew Monk (with charts)... and ANO Total loonhttp://shareprophetsltd.cmail19.com/t/ViewEmail/d/AF8DA5C66D097741/1A1058F11D1F9CD99A8E73400EDACAB4

[offerman] 20/9/2017 08:37

I might be proved completely wrong by my last post and never underestimate the power of the traders I guess! BUT this is a share that can safely be said to look at the long-term 3 to 5 year period to make a serious amount of money and not even the traders can stop the inevitable rise of the share price with all of the news to come.

[12bn] 20/9/2017 08:37

KOD is the place to be,it hasn't had its pump n dump yet.

[northpole2] 20/9/2017 08:36

The broken record 12bn has re-emerged again. YAAAAAAAAAAAWWWWWWWNNNNN

[12bn] 20/9/2017 08:32

Wow look at this pump n dump share fall! Under 3p soon?

[12bn] 20/9/2017 08:29

TIMBERRRRRRRRRRRRRrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

[12bn] 20/9/2017 08:28

I am a long way from being skint mark but I wouldn't buy this dog,the pump n dump is now in its dump phase.

[offerman] 20/9/2017 08:27

It's inevitable that the price will come down on sudden rises as there will be profit takers and traders.The great thing is though that this can't be driven down as it was before by short sellers. There's just too much positive sentiment and interest and actual factual proof in the pudding by LK for this to be driven back down to silly prices of 3- 1/2. Or 4 p

[jungmana] 20/9/2017 08:24

Thanks Edgein and Jcg. In LK I trust :-)