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12.0¢ empire oil & gas nl

Broker Coverage, page-21

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Westhx

5,224 Posts.

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22/09/15

12:53

Post #: 16036122
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Originally posted by GAVIND ↑

That forcast is a load of crap . A couple of new holes and added reserves will see the share price back up around the three cent mark. A lot of larger holders like me will probably offload half of their investment at the 2.5 - 3.0 cent mark and see how the company goes. We have put up with the hard times over the past three years and it would be a shame to panic now and unload at 1c. Hang in there and don't listen to the doom and gloom croud.

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I think a lot would like to panic and sell at 1 cent given the current selling is at 0.4 cents. Our big reserve upgrade was also meet with 'panic' selling.

We need a 100-200 mil buyer to take out this excess.

EGO Price at posting: 0.4¢ Sentiment: None Disclosure: Held
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