Wildhorse Eng Share Discussion Threads

[illuminati1] 27/11/2013 12:12

Wildhorse Energy 3 weeks agoStrategic Partner Selection Further to the announcement dated 5 March 2013, the Company continues to progress the strategic partner selection process. Once secured, the Company intends to recommence the BFS and initiate a drilling programme to upgrade selected areas of its current JORC compliant Inferred resource of 184.5Mt to the Indicated and Measured categories.Linc Energy the missing link? Linc CEO Bond 4 weeks ago, says the useful pieces of the plant will be shipped to a new location which, pending "active discussions", could be in Hungary or PolandHappy to sit and buy more

[oiht] 27/11/2013 09:49

I hope it happens soon because that's all we've heard for over two years in which time we've been asked for more money twice. Personally I was rather hoping for more progress on the UCG front but the silence is deafening. I'm more than happy to eat my pants if this comes good though :)

[illuminati1] 27/11/2013 07:07

Wildhorse Energy's Uranium assets alone worth twice firm's market value, says broker (5p at the time)By Giles Gwinnett October 01 2012Wildhorse Energy's uranium assets alone are worth twice the company's market value, says broker Liberum, which rates the shares a 'buy' The company owns two significant assets in Hungary, pointed out analyst Dominic Nash, who targets a price of 60 pence for the shares.These are firstly, around 65 million pounds of uranium, in which it is creating a joint venture with the government to commercially exploit.The second is 185 million tonnes of JORC inferred coal resources, and 1 billion coal exploration expectations, in which it intends to deploy its underground coal gasification (UCG) technology."We see the uranium assets alone underpinning a valuation 2 times the current market valuation," said Nash.

[illuminati1] 26/11/2013 23:56

Excellent bedtime readingRick Rule is "nearly certain" that Uranium price will soon double, 26th November 2013It's a "near certainty" that you'll make 100% gains with the idea we'll show you today...Over the last few months, we've shared several "bad to less bad" trading ideas that have jumped double-digits in just a month or two...Remember, "bad to less bad" situations are an incredible source of low-risk profits..."Bad to less bad" is a phrase coined by True Wealth editor Steve Sjuggerud. It involves buying assets that have suffered through horrible times...In this kind of "bad" condition, you can often buy an asset for well below "normal" levels. If you step in and buy amid the pessimism, you can double your money if a bit of optimism returns to the market.That's the situation right now in uranium...Uranium fuels nuclear power stations... And like most commodities, it enjoys huge "boom and bust" cycles.From 2003 to 2007, uranium saw a huge boom. It ran from $10 per pound to $130 per pound. And the share prices of uranium producers skyrocketed.Canada-based producer Cameco Corp. (TSX: T.CCO, Stock Forum), for example, returned more than 1,200%.But in March 2011, the disaster at Japan's Fukushima power plant helped turn the boom to bust. Japan was one of the world's biggest consumers of nuclear power, and it shut down more than half of its reactors. Several other countries also scaled back their nuclear programs.While global sentiment has since improved, the damage was done. Uranium prices now sit at about $36 per pound... their lowest levels in more than seven years.Right now, uranium producers need to sell their product for about $75 a pound to break even...That's more than twice the spot-market price. In other words, most producers are losing money on every pound of uranium they sell. Eventually, some of them will be forced to shut down.In short, it's "bad" for uranium right now. Take it from Rick Rule...Rick is the founder of Sprott Global Companies and chairman of Sprott U.S. Holdings. He has spent decades in the resource markets, making himself and his clients many millions of dollars in the process. He has also financed several of the most important resource companies in the world.He's a brilliant trader, a genius investor, and a walking encyclopedia of business knowledge.Here's what Rick told our colleague Frank Curzio in a recent episode of Frank's excellent S&A Investor Radio podcast:"The industry is in fact in liquidation. It sounds like it couldn't possibly get any worse, so sentiment with regards to uranium is really, really bad."It might be hard to stomach the thought of buying uranium here. But as we've noted in these pages before, when things can't get any worse, they can only get better.And Rick believes a double in uranium prices is a "near certainty."Uranium Participation Corp. (TSX: T.U, Stock Forum) tracks the spot price of uranium (like SPDR Gold Trust (NYSE: GLD, Stock Forum) does for gold). In the chart below, you can see the big 2011-2012 bust. But you can also see that it has "ground out" a bottom at around C$4.80. Over the last year, it has refused to fall below that level.You can also see that in the last three weeks, it has gained 12%. On Friday, it hit a new four-month high.There's no guarantee this is the start of uranium's recovery. But the upside potential is enormous. And it's inevitable. It might take a year... or two... or three to play out. But uranium prices will head higher.Keep in mind, it doesn't take great news to double the price of a cheap, hated asset... things just need to go from "bad to less bad." And it looks like that's starting to happen in uranium.– Amber Lee Mason and Brian HuntP.S. The "bad to less bad" strategy is so lucrative, we produced a brief (three-minute) video about it. It goes into more detail about how to use the strategy... And it walks you through a few more examples.Read more at WHE owns 65 million pounds of uranium which alone is worth multiples of current market cap.Blood in the streets opportunity

[jarbie] 26/11/2013 14:29

Thank you illumi - but where will it end ?
to say we are struggling is an understatement
what did I say ?

[illuminati1] 26/11/2013 11:10

1.74p to Buy

[illuminati1] 20/11/2013 09:22

WHE could be turning ahead of AGM on Thursday and UCG partnership and approval pending.

[angus17] 19/11/2013 06:40

agm ON thursday. What chance a statement on or prior to the 21st?

[stockologist] 18/11/2013 12:35

The chart action certainly smells that way.

Remember the negotiating power is with LINC they own a lot of the technology and patents in this field. There are UCG licences all around the world going begging so having simple licence is no big deal. Linc will hold all the cards in any bargaining.

[stockologist] 18/11/2013 12:34

Maybe Linc are in discussions but for a Takeunder rather than a Takeover ?

[flashheart] 18/11/2013 12:32

Buys showing as sells folks. The 50k was my top up.

[illuminati1] 18/11/2013 11:50

BBC news - UCG, Poland, Linc Energy http://www.bbc.co.uk/news/science-environment-24979270As well as research, Poland is moving ahead with other clean coal projects. An Australian company called Linc Energy says they will open a demonstration plant in 2014 to show the potential for underground coal gasification. This approach literally burns the coal deep in the ground to produce synthesis gas that can be used for electricity production. "We get this right and the government signs off on going commercial, we could be making between 10-25% of Poland's gas needs within 3 years", said Peter Bond, Linc Energy's chief executive on a recent visit to Krakow. The process means very little disturbance on the surface, and coal can be turned into gas 1,000m underground. Peter Bond firmly believes that coal can continue to be utilised in a cleaner way in order to meet climate goals. "At the moment, the argument is black and white, you're either for or anti coal - there is no middle ground, but there is middle ground, and UCG is it," he says. Linc Energy in "active discussions with"Multi bagger in the making

[illuminati1] 16/11/2013 22:47

Linc energy has plenty of cash to buy assets outright.$64 million cash to hand as per last quarterly report.http://www.energynewspremium.net/StoryView.asp?storyID=801576159§ion=Shale+Gas§ionsource=s14056Thursday, 24 October 2013With big announcements in the pipeline, Linc Energy CEO Peter Bond explains the switch to a Singapore listing, while discussing UCG deals,. Underground Coal GasificationWith Linc's UCG technology established and with majority ownership of the Yerostigaz plant in Uzbekistan, Bond said this business was moving towards commercial outcomes. He expects key announcements to be made this year as talks continue with many different parties. "We have about 30 odd opportunities on the board that are either MOUs or just at the negotiating stage," Bond said. "Out of that 30-odd opportunities, I expect a number of them to transfer through to strong contracts."...............Peter Bond expects key announcement this year re UCGLinc Energy could replace E.ON with a strong contract to advance the UCG projects in Hungary and Poland.More news to come soon .GLA

[jarbie] 16/11/2013 14:20

agreed - Link Energy a red herring then

[whereareallthemugpuntersyachts] 15/11/2013 22:44

I doubt Linc would overpay they will recognise WHE are in a hole

They have their own issues right now and I doubt their shareholders would appreciate them chucking money around on such marginal ventures

[jarbie] 15/11/2013 22:16

can anyone provide the code for Linc Energy please - ASX:LNC

[illuminati1] 15/11/2013 11:17

Agree with that too1.83p to Buy by the way

[oiht] 15/11/2013 10:53

Agreed Loverat, I never use stop losses on volatile AIM stocks.

[loverat] 15/11/2013 06:25

illuminati1

I was a bit surprised you had a stop loss on this. Not because I don't think a stop loss is a bad thing in all cases but just that with these types of stocks, they can mark these down by 25% in one movement. I saw this on a stock I held yesterday where the bid was marked down 20% on one trade and then the share price ended up 5% on the day. Often a large spike down is a prelude to positive news.

[illuminati1] 15/11/2013 06:13

Congratulations. Perfect timing.Fantastic risk/reward at these levels.Once JV or UCG approval news breaks you will then be able to top slice and have free shares. With an average around 2p there's a chance of that.WHE closed up +7.4% in oz.Bounce coming

[lomcovaks] 14/11/2013 12:45

Have taken the plunge. 103,515 shares at 1.92p.

That's my initial £2k outlay for a long-term position in European alternative energy and will add as I see fit but hopefully on the back of a rising share price from here.

[oiht] 14/11/2013 09:24

Double post.