I don't believe bad news is coming because it seems to me the market is just not interested in EMP whatsoever.
you all need to ask yourselves why if there's all this gas on EMP permit why no company has ever been prepared to drill it? EXXon was right next door to it for years and ignored it and no one else has ever taken any interest in it - so I'm guessing the cost of extraction due to something like tight geological formation is stopping any drilling permanently.
"Tons of gas here guys come and get it" - and no one ever has - not too hard to work out is it?
I'll stay in a little while longer to see if anything pans out due to new seismic but given EMP history and no market interest, its future doesn't look good.
EMP Price at posting:
3.5¢ Sentiment: None Disclosure: Held
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