88E 0.00% 0.2¢ 88 energy limited

good luck to those holding strong, i foresee a consolidation...

  1. 1,645 Posts.
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    good luck to those holding strong, i foresee a consolidation here of most like 100:1 followed by further raising diluting you further.

    just cannot see a big player approaching 88e in this current market and if they did it would all be on their terms.

    the current oil price makes the shale play a non starter currently. before anyone jumps on me with "it wouldn't be in development for years, yes i know that but market sentiment at present would be a non starter.

    i think the companies next plan will be to look at yukon in my opinion. very small upside there.

    after being here 4 years and walking away with a significant loss i do truly wish all those that stay the very best.

    not a downramp, just how i see the situation here currently. very bleak.
 
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