Canadian Overseas Petrol... Share Discussion Threads

[the patient investor] 23/12/2016 08:28

1 Squid? Are you already drunk? It is only 8:30?!?

[deanroberthunt] 23/12/2016 08:11

hehe listening to podcast, Justin's falling alseep....this Arthur dood is a bit monotone....

[nicky21] 22/12/2016 21:48

thanks for your views guys.

have come to the conclusion that i will wait to see if they are going to drill the 2nd well.not too keen on nigeria.

when that is announced i will then buy.

good luck to all holders.

[gimmetheloot] 22/12/2016 20:48

Nicky

Why I have invested!!

Exxon major partner worlds biggest oil company and no junior gets a partner like them.

120 million spend as part of the deal with COPL so far about half spent. So money left for another drill.

Exxon targeting 4 billion barrels of oil, 18% to COPL if the hit which is 800 million barrels of oil and at 1 usd per barrel could be worth 800 million USD, but oil in Arica in the ground is worth 5 usd.

Exxon currently spent 230 million usd on block 13 so they will want a return on that expenditure so it is highly likely they will dril further prospects and leads after reviewing the current data from the drill they just completed.

5 million in the bank no cost or exposure to Liberia.

This could return £1.00 minimum per share if they hit ;-))

[mrkeysersoze] 22/12/2016 20:47

nicky21 - 22 Dec 2016 - 20:40 - 2115 of 2117 - 0am thinking of buying some what i like to knowwhy should i buy.give me reasons please and why i should not buy also give me reasons.then i will judge both arguements and then decide.thanks.-----------------------------------------------------------------------------------------Nicky,What a refreshing change to see your post!!May I suggest for starters, you read the Copl presentation dated September 2016. Listen to today's Vox markets podcast.Mr K.

[mrkeysersoze] 22/12/2016 20:41

ronjoe77 - 22 Dec 2016 - 19:54 - 2114 of 2114 - am so sorry for the guys that lost a lot on this..but please don't get caught up with the rampers will just cost you money....this is a share that's in a hole now..and need money big time the drill down in Nigeria is 50$ mil +/--------------------------------------------------------------------------------------------ronjoe,Good evening,I'm curious as to why you are "sorry for the guys that lost a lot on this" ?Investing in junior exploration companies, comes with numerous risks attached.Mesurado -1 on LB-13 was always a high risk high reward, deep water offshore wildcat well. I invested what I could afford not to see again, on the worst case situation I.e. Mondays dry hole RNS. That was the risk that I accepted, versus the huge potential upside, seeking sympathy is something that I don't seek nor expect, nor should others.Would you be as kind as to explain how you arrive at your $50m drilling cost with regard to OPL226Mr K.

[gimmetheloot] 22/12/2016 20:40

Ronjoey

Obviously you didn't listen to the podcast today.

Exxon looking at why they missed and they could well drill another well. They have spent 230 million usd and they will not let this go. Not often the likes of Exxon miss.

One more free carry for XOP. Oh they don't need to fundraise, they have 5 million in the bank and will monetise the Nigerian asset!!

Thus is business, oil exploration is high risk big rewards big loss, you place your chips and take your chances.

[nicky21] 22/12/2016 20:40

am thinking of buying some what i like to know


why should i buy.give me reasons please and why i should not buy also give me reasons.

then i will judge both arguements and then decide.

thanks.

[ronjoe77] 22/12/2016 19:54

am so sorry for the guys that lost a lot on this..but please don't get caught up with the rampers will just cost you money....this is a share that's in a hole now..and need money big time the drill down in Nigeria is 50$ mil +/-

[the patient investor] 22/12/2016 19:18

Interesting how over the pond they seem more relaxed. I am too. It would not surprise me at all seeing soon an RNS with directors buying. If they do it will be an instant profit for them too because the positive reaction of the market wd be inevitable.


The price will see the dawn of 2017 with a 2 in front of it.

[gimmetheloot] 22/12/2016 19:17

hxxp://www.stockwatch.com/Quote/Detail.aspx?symbol=XOP&region=C

20 million on the bid in Canada and 8 million on the ask @ 3 cents!!

Come on Exxon get that oil!!

[glenbo1] 22/12/2016 17:26

0.1 by next Friday. What drugs are you on this week ironside?I admire your humour from afar.A professional investment manager using gutter language. I am sure you are a hit with the ladies.....Have a Merry Christmas ironside and here is a high five to you.........

[shawshankuk] 22/12/2016 17:23

Seems like Mr Genel has multi aliases.

[bjorn ironside] 22/12/2016 17:19

BTW


0.1P IS COMING , MAYBE NOT TOMORROW; BUT FOR SURE BY NEXT FRIDAY.

[glenbo1] 22/12/2016 16:57

Bjorn As it is the season of goodwill I can offer you a free counselling session as by your language I feel you are on the verge of a breakdown.....

[big bear billy] 22/12/2016 16:34

I may buy some at 0.15p for the dead cat bounce to 0.20p

[babbler] 22/12/2016 16:13

Relax. Order filling.

[babbler] 22/12/2016 16:11

Relax. Order filling.

[glenbo1] 22/12/2016 15:44

The patient investor Spot on.This is to the people unsure and also to those with negative views.We have a fully funded Liberian second drill.A Nigerian asset.These two points alone give the company far more substance and value than many others on AIMI am sure I will be shot down but investment is a risk and if a second drill is a hit it will send the share price and MCAP into orbit.If this company is finished as some have said give some reasons.Oh and no dilution as was quoted in the podcast.....