Australian (ASX) Stock Market Forum

Reply to thread

Re: EMR - Emerald Oil and Gas


great news, another two projects r underway, i think we'll see alot of positive news end of this month.


"The Company’s independent expert, Marv Ginzel gave the Kathleen Marie #2 well a greater than 80% probability of success in the Company’s March 2006 prospectus."


its a shame that the market is taking a hammering,  i hope this wont dampen EMR holder's confidence! keep it in mind, a conservative value on the Valentine project is probably 40-50c (see Hartley's Report), and its also got couple of projects in Texas. at the current SP, its seriously undervalued if it does go below 22-23c range, ill accumulate a bit more.


Top