Egdon Resources Share Discussion Threads

[big7ime] 21/1/2014 20:07

Wow, hadn't realized how much this one had risen, but based on what? I ask. A farm in so they are only left with 14%. EOG have had farm outs when the price hardly moved, anyone would think they've struck oil here.
Whilst I may appear soar having not held these, beware newcomers the shorters will turn up, price plummet as quickly as it went up, so look around for another. EOG has not had the silly rise, Mkt cap is only £15m, they have more fingers in pies such as the Offshore Ireland suggested to be bigger than Nth Sea, funding in place, larger percentage share et etc.
Long term, EDR yes but anyone holding a 300% rise in a week without a substantial oil strike is going to regret not taking profit. 2014 is going to be the yr for small oil companies but don't hold all your eggs in one. FOGL another will shoot up this yr.

[philfromfrance] 21/1/2014 19:49

Glider - u r welcome m8 - bouncing off lows with the financing twice oversubscribed & more fingers in more pies than Egdon has Resources.
Lower risk, as nearer support, Kosmos farm in of Irish licences ($200m of initial spend on 2 licences & 3d due end of 1st 1/4 2014), French farm in open for business & right next door to Total existing fields, 1/3 of Wrestle drill 1st 1/4 2014 & 50% of PEDL181 (with possibility of unconventional play also)!!
No brainer really - RAGING BUY where here, the risk is that it has gone up too quickly & could as easily loose 50% as gain 50%!!!!!!!!!!!!
However GLA & jealous - what me, course i am - lol

[gliderpilot2002] 21/1/2014 19:24

Thanks to people who suggested EOG.

[northster2] 21/1/2014 18:07

Have you topped up your acta today ?
Short here are ya

[acta_topup] 21/1/2014 17:40

You will be able to buy this back for 20p in a few weeks mark my words

[latifs100] 21/1/2014 17:33

if you missed out on EDR, get in NCCL, Ncondenzi, a african coal miner. up 20% today.

do your research

[ant15] 21/1/2014 16:57

The share is not just for day trading Clearly profits were high on the agenda today and opiates for the masses. This is a really good opportunity to hold for 12-18 months and should be viewed as such Good Luck to holders and well done to others if they picked up more stock as this was oversold. IGAS was sold for the same reason but the underlying trend for both is up and will probably now do so a little more leisurely and certainly with less volatility that was to be expected after such a rapid climb.

[northster2] 21/1/2014 15:29

just need some late reported buys at 4;25 to take her back to 40p

[siddle] 21/1/2014 15:20

It's blue but could be more blue if they let you buy any stock!!

[northster2] 21/1/2014 15:15

massive volume traded today blue finish ?

[siddle] 21/1/2014 14:57

Someone mopped up on last few mins..73,089 and 30,000 snapped up

[latifs100] 21/1/2014 14:50

BUY BUY NCONDENZI, NCCL, AFRICAN COAL PLAY,

[linslader] 21/1/2014 14:49

Wonder if the bashers that appeared earlier managed to cobble a few pennies together and bought in @ 28.5 lol.

[siddle] 21/1/2014 14:48

36.05p to buy

[hemscott] 21/1/2014 14:46

...crazy WTF

[tradermania] 21/1/2014 14:45

why would these be worth £1.00 , days ago they were 10p.

I accept there is an opportunity, but by how much?

[h2owater] 21/1/2014 14:40

Can't buy!

Only one way ride to 100p here!

Huge demand for shares!

[siddle] 21/1/2014 14:38

Judging by L2 I won't be surprised..

[johncraven] 21/1/2014 14:36

Looks like we could hit 50p

[killman2] 21/1/2014 14:15

Moving fast now

[siddle] 21/1/2014 14:13

Now L2 certainly looking like it's going that way. What a day if these finish at 50p.

[siddle] 21/1/2014 14:10

A sort of false shake before these double again.

[hemscott] 21/1/2014 14:04

buys catching up with sells now.... intresting...

[hemscott] 21/1/2014 13:50

just watching this share price as an igas holder and its pretty mental...43% up yesterday 20% up this morning, 20% down by mid morning and come back 13%, where the hell will it end up today let alone next week???!?!?

[johncraven] 21/1/2014 13:06

This is going to move very swiftly back up now