CUE-> Pantheon of small oil stocks

[Oiler]

I too hold CUE at an average entry price of a bit under 20c and propose to continue to hold as I consider that in the medium to long term CUE will see a considerable price increase

Heron
I also hold CUE but will be patient. We havent seen a lot of volatility in this share as we have seen in many others. I am hangin in and bottom fishing for a few more

Oiler

[jdg]

i spoke too soon yesterday. SPC are still buying. they bought another 1.2% lifting their stake to 14%. that really is great news. obviously they share our confidence going forward.

-j

[yogi-in-oz]

Hi folks,

CUE ..... has been building a huge cup and handle pattern, since
the highs in early-2006. So, with 3 positive cycles coming into play
this week, we may get the trigger for a rally ..... :-)

Updated CUE chart, here:

http://forum.incrediblecharts.com/me...08-1458970.pdf

have a great week

paul



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[macduffy]

I don't know about cups and handles, but roll on the 25th March!

[Crypto Crude]

Check out this link... Thanking Chippie for the link on the NZO thread...
http://www.stuff.co.nz/4443018a1865.html
.....
....
...
..
.
Today MEO came out with a positive ann... it is drilling the Zeus prospect with CUE late this year in the 4th quarter...
I started this topic on 29/7/07, and said it would be 100% higher in one year...
One bagger in that timeframe maybe now an outside shot...
Maari first production has been put back from when I made this pick, the Company is better now than what it was 5 months ago...
I wish the market would see the value of this stock the way I and SPC do...... its future cashflows are easily worth more than twice the value of the company...
big gas Reserves...
Oil production from multiple projects...
on going exploration drilling...
Big time Maari...
great management, and Todds...
mammoth list Joint Venuture partners...
low downside big upside still stands...
little bit of cash, and a future set after many decades building to its current position of being a well diversified multi project, and producing oiler.....
may have to be patient.....
I will be buying back in real soon...
.....

.^sc

[macduffy]

Well, 25 March came and went but as SC points out, CUE's prospects are looking better than ever.
February newsletter makes the point that by the end of 2008, CUE should have 3 producing oil fields, at current oil prices providing operating revenue of around $A7m per month in the first half of 2009. This is about 3 times current receipts from production which was $A7.4m for the three months to 31Dec2007.
The market doesn't seem to value this stock but that is par for the course with smaller Aussie oilers at present. Perhaps this will change as Maari gets closer with first oil still expected in September.

Disc: Holding - and looking for more if price dips.

[jdg]

certainly SPC have supported the sp. i wonder when their buying will stop? if cobra comes in then the sp will obviously lift (you might get close to your 100%, shrude), but more likely we'll see it head north when maari gets closer. then, after that, we have gas revenues to look forward to. the next 12 months look very good for CUE.

-j

[jdg]

good to see the sp nudging up in the last couple of days. turnover is right up too.

-j

[yogi-in-oz]

Hi folks,

CUE ..... has been building a huge cup and handle pattern, since
the highs in early-2006. So, with 3 positive cycles coming into play
this week, we may get the trigger for a rally .....

Updated CUE chart, here:

http://forum.incrediblecharts.com/me...08-1458970.pdf

have a great week

paul

=====

Hi folks,

CUE ... has 2 positive cycles coming out to play this week,
which may be enough to give this one a lift ...

As posted above, the updated CUE chart, now shows the early stages
of an anticipated breakout, from an obvious cup and handle pattern:

http://forum.incrediblecharts.com/me...08-1534145.pdf

have a great weekend

paul

[yogi-in-oz]

..... as expected, CUE is ticking up nicely, now ... !~!

happy days

paul



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