SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : EEGC- Empire Energy and the Potential of the Tasmanian Basin

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jerseyfish who wrote (405)5/9/2015 8:38:25 AM
From: Jerseyfish  Read Replies (1) of 437
 
There is no doubt in my mind or the minds of many professionals in the oil business that Tasmania is loaded with oil.

There is only one reason why the oil has not been brought to the surface and that is MONEY! It has always been a shortage of money. Never a question about the oil being there. Except from the Bashers that are paid to get control of the oil. We are talking multi billions of barrels of oil that convert to multi billions of dollars. People have killed for far less then this. Its no wonder why there is a die hard quest to control the oil drilling in Tasmania.

NOW THE GOOD NEWS!
The fighting between Smartwin and EEGC has stopped and a settlement is done. Its off the court docket and we await an announcement from the parties involved. I am told the terms of the agreement will be silenced however a news release about the direction of the company will be announced as early as this week.

With both parties wanting to retrieve the oil my guess they will continue on the path to drill. Hold on to your stock as we will see oil coming out of the ground in Tasmania yet and the value of the stock will sky rocket.

What will a half a cent ($.005), investment bring you in the future? Don't know but what a super low risk this investment is with a huge upside!
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext