Posts: 3
Threads: 1
Joined: Mar 2012
Reputation:
-3
We need Phil to let us know how close we are to NEC approval. I believe that is the #1 announcement that will send the stock soaring.
I know the earnings number isn't that important, but I remember they were worse last quater bacause they had to bump up the cost of their oil inventory because the cost had gone up I believe. Will they have to do this again bacause of soaring oil costs? Correct me if I'm wrong.
Thanks.
P.S. This board is an oasis. Thanks to all!!
Posts: 6,851
Threads: 697
Joined: Dec 2011
Reputation:
441
Welcome Bill! You will find it much easier to think and converse on this site. Yazoo is about as bad a site as I've ever seen as far as investment usefullness. Let em have that MB; 99% crap.
Agree on earnings number, but will be surprised if Phil says a whole lot on NEC other than they continue to talk with members, etc. I think what might be better question after we get a T2 update is to answer how important T2 results are to both the SD and the NEC. I would guess very important, but then it's at what point does it have to be and what results need to be obtained for them to have reasonable assurance that things will move ahead. If they need to be at TD with all testing and analysis complete, that tells us a lot. If initial DST info is enough, that also tells us a lot.
Just a few days away, and before the bell Monday. That's as interesting as anything.
Posts: 1,080
Threads: 26
Joined: Dec 2011
Reputation:
137
Welcome Bill,
Thank you for taking the deliberate time to join this site.
I trust the "originators" saw your reason.
Cheer's
Tusker
Posts: 4,164
Threads: 1,500
Joined: Dec 2011
Reputation:
268
Welcome Bill.
It's about time you sought asylum.
Down to only a handfull left on the yahootanic.
Posts: 6,851
Threads: 697
Joined: Dec 2011
Reputation:
441
Puts; think there's a chance They release earnings sometime Friday PM? The release says they will be released before the market opens on Monday, March 19th. Might make sense to release Friday afternoon so shareholders have the weekend to digest prior to the CC Monday AM. Hmmmmm
Posts: 384
Threads: 135
Joined: Dec 2011
Reputation:
93
I assumed they stated before monday open rather than after friday's close to give them as much time for any drilling news. At this stage a couple more days of drilling/testing could be quite significant in terms of what they find out.
Posts: 689
Threads: 43
Joined: Jan 2012
Reputation:
54
Justin I was thinking they might get as close as they can and pause just a bit till just after the close on Friday. Then they have about 60 hours to get a gas kick over the weekend and announce it just before the opening bell on Monday. For all the short manipulation that has gone on with this stock and naked illegal shorting I wouidn't be surprised if Phil used this opportunity to get a little pay back. It might mean just pausing for a day or two to pull this off and time it right.