There’s a lot of emails asking for an update on Avesco unfortunately there’s nothing to update on. It is now a question of how the legal appeal proceeds in the next 4/6 weeks. They are trending up since the last post and have risen some 22% (as foretold) so it looks as though sentiment is beginning to grow.
Good Luck and as always please research your investments.
Viva!
Dan
The trend is a regular deja-vu insofar as the 1-year chart is concerned…rally, pull back, rally, pull back
what value are you attaching to their potential legal payout, many on BB’s applying > current mkt cap?
Thanks.
I would have to say that the comment of trending up as ‘foretold’ is a little bit of the old chicken & egg. The only reason it jumped was because of your post, otherwise i suspect the SP would have remained the same. I would not be claiming success when it was your actions that caused the jump in the first place.
I dont mean to critasise, Im a big fan but you cannot be too careful about blowing your own trumpet.
Hi Dan
Whats wrong with BZT. Just seems to be like west ham. Going down
Thanks steve
DAN
can we have your views on Encore now oex is finished and more to the point what are the big boys like pmo going to pay ? is the takeover still on short term ?
I note encore going to drill carnaby and other prospects in 4q on existing cash.
what are the implications of the increased taxes etc
I think we all need a recap as encore was once a flag ship investment on this blog.
regards…………………………………..
lol sorry xeo exploration too many ticker names !
Dan any news on Mta
Ultrapunch will go crazy for this…..!!!!!
Ciao Dan
Why do you say OEX is finished ?
http://in.reuters.com/article/2011/05/23/encoreoil-idINL3E7GN22H20110523
I think it’s not OEX who are finished, but XEO exploration.