what will today bring , page-3

ESG has had some slow times in the past and i have watched this share and held it for 3 years trading buying and selling over over again, but anyone who knows ESG will understand that it has moved to the next level and it's only a short time to wait until other larger players see ESG for what it is.

I think up until just recently ESG wasn't viewed as any kind of share that would set the world on fire, and it was in a rut of buyers and sellers that stayed in a certain ball park figure and at times would retreat to bottom value lows, thats why i liked it, i always bougth big on lows cause it would always bounce back.

ESG's management never reported any information about the company that was misleading in it's history, they just kept the bi monthly drilling reports comming out, and kept plodding along.

I see two scenarios with ESG, but one is emerging as probably the most likely. With the recent good news involving Santos and also ESG's pink sheets price increase in the USA, the company has had a recent market re evalution, in the past investors shrugged off good news like this, but now it is really stoking the fires of interest.

1. If No one see's ESG as a takeover target i feel it will probably sit around 1.20ish for a while and then ease higher slowly moving as any normal 1.00 breaker share would.
2. ESG will be approached by a suitor if it hasn't been already, i remember them saying 2 months ago they had been approached by several interested parties, but they didn't elaborate, And a takeover attempt will follow, the way things seem to be happening with the price, i get the feeling that this is the more likely scenario. And the story will be similiar to the other larger and smaller takeovers like QGC,SHG,BUL ETC.

Either way i have held ESG and bought and sold 50k to 100k. At the momment 100k and thinking of buying more on the rise today, just to top up.

I would like to thank ESG for the great way it has treated it's share holders informing them of changes good or bad along the way and look forward to the rewards that seem to be just around the corner, good luck to all loyal holders.

There has been some speculation about shell, but i really think that shell are eyeing out FAR off the coast of Africa at the momment, but you never know with a giant like that.

This isn't ramping just my view on a share i respect and have waited ages for to mature, others would have to see ti this way by now.