CDS Oil & Gas Share Discussion Threads

[goz1986] 11/2/2010 14:51

oh dear maybe not.. what's your opinion on this pre? I take it you are a holder....

[pre] 11/2/2010 11:00

...about to move up...can only buy 10k online but sell 250k..

[pre] 11/2/2010 10:20

...on line limits: 250k sell vs 50k buy...move up shortly...

[goz1986] 08/2/2010 16:26

"less risky than a lottery ticket" you in then? sounds like great odds to me......

[davidhp] 08/2/2010 13:01

Downside = Lost stake as the drill-by-date passes and they lose the rights to the block. Bankrupcy or years as a nothing shell. fin

Upside = Secures a bit of drill funding, skyrockets into multiples of current price.

Background = World needs energy.

Less risky than a lottery ticket.

[goz1986] 04/2/2010 00:01

it sounds silly but I like the time constraints as it makes me feel there will be a bit more urgency. with many cashshells you see a date for their delisting and it makes me feel more confident knowing that people should be running around the place trying to fix up a reverse merger.
will stick a bit in here for a bit of fun! hope I get a nice message in a month or three informing of a cheeky 5 bag...

[davidhp] 03/2/2010 12:51

Paraguay is one of the poorest of the Latin-American nations.
They are sitting on a potentially large oil-bearing region which has seen near-zero investment over the years. The region is the same geology as across the border, where huge oil fields exist.
Paraguay's oil and power needs are growing. It would love to have a cash-generative export like oil or gas too.

The region surveyed and alloted to CDS has oil. Oil is $77.52 bbl (03Feb2010).
Forecast to rise this yr. As the oil price rises, CDS are more likely to get funding, a farmout, a loan, or a deal to drill for it. A modest onshore drill campaign isn't very expensive these days. It just needs guts, the right people and organization.

To be honest, IMHO most companies sitting on such an asset in these circumstances would simply pay wages to directors, live high on the hog at our expense and do nothing until the cash is exhausted and then they quit.

HOWEVER, CDS hasn't done that at all.
It has, instead, put itself into sleep-mode. No spending, to preserve the cash in the bank, in hand is an excellent sign. This bodes well for this type of company and the guys running it. From that simple fact alone, I concluded they actually *want* to see drillbits in the ground in Paraguay and that sort of commitment impresses me. It's only my opinion and I have been wrong in the past (Subsea Resources and Oxford Molecular to name a few tragedies of mine...) but oilers are my real market and few have let me down. When you see commitment and sound business practice, which is as rare as the big finds, you sense they're not all flakes and spivs. 8)

You are essentially correct.
Deals are contacts and discussions; talking. And, happily, talk is cheap... in a good way! Meaning they don't need big funds to talk to investors and hopefully that's what's happening behind the scenes... fingers crossed. Paraguay wants this drilled. CDS wants it drilled. All they have to do is find some bank or big partner who wants it too. That, as the oil price rises, and as the appetite for Africa (and look at the hellholes there that're being drilled! Risk is back, baby!) when Latin-America is so less risky.
One deal and this will skyrocket.
Time is the only risk factor... when!

I'm prepared to sleep on this. Tucked away in a drawer.
Maybe nowt comes of it. Maybe I lose it. I only invest play money anyhow. Better in a possible multi-bagger than earning 0.3% in the bank, eh? Or a bond... ouch!
Then again, I thought that of AYM, DES, RKH and FOGL... and look what those dark horses turned into!

DYOR

[goz1986] 01/2/2010 12:48

You will have to forgive my ignorance but I just stumbled across this one. I understand CDS are looking to farm out their prospects as they have little to no money left in the old piggy bank, what are the chances of this happening? I can't help feeling that there are a few people waiting on the sidelines for CDS to loose their rights.... Personally I would not bother joining a farm out agreement when I could wait a few months for CDS to fail to keep to their agreement and then jump in and get the whole prospect to myself. However, if there is a cheeky little farm out agreement this stock will fly as all the surveying etc has been done (I think) so it just a matter of wheeling out the drills, am I correct?

Anyway, with such a small market cap it won't matter if they give 80% away in an agreement the rise will be considerable.

[waleriuszwatrobka] 25/1/2010 13:15

...did you check PLUS ?

[giantpeach2] 25/1/2010 13:13

can anyone explain this share price movement, its all over the place without any trades!!!!

[giantpeach2] 08/1/2010 13:59

something getting this spooked!!!

[andypace] 08/1/2010 11:36

Funding seems to be coming back in for the small explorers.
Its only a matter of time before CDS gets funding and starts drilling.

[giantpeach2] 05/1/2010 17:48

someone still buying!!! anyone know when news due??? cant be much longer now!!!

[giantpeach2] 09/12/2009 12:18

someone else seems to be tucking a few away as well Davidhp, interresting

[davidhp] 08/12/2009 09:02

I like a company that puts itself into suspended animation instead of being a charity for the 'board of self-congratulatory thieves', like other companies I can mention.

I like that.

Think I'll tuck CDS away in a drawer until Paraguay wakes up to its resources.

Don't expect a reply until they reawaken.
Sleep is not death...

[mlm] 03/12/2009 16:13

No, and I sent another email, I will try the telephone again am not giving up :-]

[giantpeach2] 03/12/2009 16:13

some nice buys today, does someone know something i dont???

[andypace] 02/12/2009 21:45

mlm - Did you get a reply?

[giantpeach2] 24/11/2009 14:21

someone just dipped there toe's in for a few!!!

[mlm] 24/11/2009 13:57

Still no reply via email, so made a phone call someone is in the office and have been told that i will get a return call. ! !.

[giantpeach2] 24/11/2009 10:55

interresting andy!!!

[andypace] 23/11/2009 23:24

DJ Flow Of Funds To AIM-listed Oil, Gas Companies Quickens - E&Y


LONDON (Dow Jones)--The flow of funds to small oil and gas companies listed on London's Alternative Investment Market, or AIM, increased again in the third quarter as companies took advantage of improved economic conditions to strengthen balance sheets and raise cash for drilling, said a report from consultancy Ernst and Young Monday.

Secondary fundraising by AIM oil and gas companies totaled GBP333.3 million in the third quarter, an increase of 18.6% on the second quarter, the report said.
"The majority were seeking funds to advance the development of key assets and to bring forward revenues," said Alec Carstairs, oil and gas partner at Ernst and Young. This is the highest of fundraising level since the second quarter 2006, when share prices in the sector were at their peak, Carstairs said.

However, despite a gain of 35% in the third quarter and a more than doubling since the start of the year, Ernst and Young's index of 20 AIM-listed oil and gas companies remains more than 40% below its all-time high hit in the second quarter 2006. The recovery in investor confidence in the sector has been cautious, Carstairs said.

Regal Petroleum PLC (RPT.LN) was the single largest fundraiser in the quarter, placing GBP63.4 million in new shares to continue the development of its gas fields in Ukraine. Sterling Energy PLC (SEY.LN) and ROC Oil Co. Ltd. (ROC.AU) raised GBP62.5 million and GBP53.4 million respectively with the intention of paying down debt and funding resource development.

In total, 39 of 109 AIM oil and gas companies raised additional funds in the third quarter, the report said.

There were no initial public offerings of oil and gas companies on AIM last quarter, continuing a trend of more than a year.
"We are, however, seeing increased interest from private companies and investors in preparing for and exploring possible IPOs in 2010," the report said.

A new wave of oil and gas corporate transactions may also be building, which could benefit potential targets among AIM-listed companies, the report said. However, "the cash-rich players are likely to proceed with some caution...we do not expect to see a return to the record deal volumes and values of 2006-2007 and the first half of 2008," said Jon Clark, oil and gas director at Ernst & Young.

[mlm] 17/11/2009 18:25

Still no reply from company, I have sent another one asking maybe the office cleaner could reply next time he/she is in as there does not seem to be anyone else there.I am going to give them a call if I dont get a reply, surely there must be some developement by now. Thanks for the tips, IAE looks promising.

[giantpeach2] 16/11/2009 11:49

you wont find a better risk reward situation than panr!!!!