Steady so far
The market preopen looks good, no collapse 🙂
# Orders Board Lots Bid Ask Board Lots # Orders
1 5 1.200 1.250 50 1
1 24 1.140 1.300 55 2
1 50 1.130 1.330 90 1
1 53 1.120 1.390 7 1
1 47 1.100 1.420 80 2
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I’m seeing it down to around .65 now. I’m looking to add more below IMG’s cost. Believe that is what they believe the min value for gold is.
kwhurs01
Doesn’t look to steady to me………….. This is ridiculous
When is Chet and his cronies going to make some sort of statement that this well is not going to abandoned and have a forward looking statement of some sort.
This is an outright crime what they are doing!!
Down over $300,000 in fiorst 30 minutes of trading… B.S.
Sorry for your losses, I’m down also, but not that much (as I don’t have that much to my name). I had a feeling this was coming, so I set aside some money. I believe that as long as you’re buying below IMG’s entry that you’ll be rewarded in the eventual buyout (when ever that is).
Using today to lower my avg sp.
kwhurs01
New Release just sent out by Oromin.
Its typical of this management. Its the exact same as the Otto release last night. It simply states that hole is plugged. Which means they can up with nada. I’d assume oil is off the table, but would imagine that they are all looking around a room like somebody just died. Hopefully Dr H uses data from this poke to tell us what happened and if he still believes there are HC there. We’ll see. Seems to find support at IMG’s price like I thought.
kwhurs01
Hey Goldchaser, remember this post?? 🙂
I’ve studied the charts on the oromin website.
It shows graphs and the corresponding percentages of discovery
http://www.oromin.com/i/pdf/Santa_Rosa_Final.PDF
(last page)
with 3 exploration wells we have 30% chance of discovery. Add to that some percentages of expertise, some of extra luck and we’re bound to get to 50%
Hahahahaha – We have to laugh or we will cry, right !!!!!!!!!!!!
Hi Dale,
Don’t remind me about that 🙂
That took me 20 valiums to forget. Thanks for that, I geuss thats another trip to the stomach-pump for me.
But agreed, Oromin management are a bunch of lowlife losers who should be locked away in a jail somewhere remote and deserted.
well guys, I’m off to the pub and gonna get me some pints….or 20!
Some drink to celebrate, others drink to drown their sorrows.
Atleast we know which category we all fall in.
Hey Man,
Ya gotta laugh about it or you will give yourself a real illness………..You might go back to the bank and buy more !!
Hahahahahahahahahaha
I am going to figure out an exit plan on this crap stock, take my money and invest in something sure like a real gold mine!!
Sorry for your losses, everybody.
I loaded up in the low 70s again.
Not sure that was a real good move actually!
There is room for more downward movement, if they do decide to drill again somewhere else – Thats more money?
If they don’t drill, that will be even more depressing. If they have to sell in 6 months on the Gold side of things, I am nervous about that sale being sold off in a panic sale.
The only winners here are Chet and the gang as they walk with all of the newly invested funds and we walk with little value on the dollar
This is the stock market. Take your gains when you can and don’t be too greedy.
At least we’re getting some volume. Over 1Mil shares so far on both exchanges. Wasn’t someone looking for 250K? Got that, plus a few.
Yeah, I know — Just re-read the oil report, we may still be in luck. I think the press release was just a little dark dueeto the people that place these things. We are working with Geo’s and Scientist likes and they are just very blunt and to the point…. Not like the Caliche’s of the Worlld 🙂
It appears that this first hole may have been pre-planned to be a failure, not that I am saying they wanted failure – It appears as though they expected a failure though and with 2 more holes planned in the event of a dry hole.
I think we all think in the realistic world while they think and put out press releases in the bluntest ways possible.
Let’s let Caliche talk to them this morning and get a clearer picture of the real forward looking statements. I know I was hot and bothered, I wanted blood. But, I have taken a step back and re-read the reports……. Give them a chance at this point.
WHAT ELSE CAN WE REALLY DO ANYWAY!!! 🙂
Depth By Price
Bid
Orders Volume Price
1 2,500 0.83
2 11,000 0.82
1 5,600 0.80
1 5,000 0.79
3 9,600 0.78
Ask
Price Volume Orders
0.84 12,000 2
0.85 40,000 4
0.88 6,000 1
0.89 5,000 1
0.90 14,500 3..Vancouver depth 7:50.dsh