Borders & Southern Petro... Share Discussion Threads

[blueball] 31/10/2016 09:14

Must be a buyer about this am.

[ride the wave 1] 30/10/2016 12:42

Exxon Mobile has farmed into COPL and they have a deep water well where break even is $35 .

Borders break even cost is $40 , so jets hope that a deal gets done in the near future .

ATB

[blueball] 28/10/2016 17:49

The bulls are in full control.

[ride the wave 1] 28/10/2016 13:59

The gap at 2.2p has been filled now so it should be onwards and upwards from here . Yesterday's close could be our new higher low on the chart which means that a new bigger up-wave should start now .

Borders is totally under the radar but it won't stay that forever . It's a great time to buy in when the market cap is slightly higher than our cash value .It means Darwin (360mb) and all of our acreage isn't priced in at all .

IMHO DYOR

Ps to the stalker red ticker ...jog on !

[ride the wave 1] 27/10/2016 11:12

There's a gap that will be filled soon at 2.2p . The charts are unwinding nicey ready for the next wave up .

DYOR

[maverick247] 27/10/2016 10:34

Spot the shorter lol

[chrisc168] 27/10/2016 10:24

Ouch, it's like catching knives.

[chrisc168] 26/10/2016 16:36

Down it goes.

[chrisc168] 26/10/2016 05:43

The didn't release comment on such a spike. Don't get sucked in.

[ride the wave 1] 25/10/2016 19:37

Google - golden cross chart pattern

[a.fewbob] 25/10/2016 18:49

What, you mean like breaking out of Alcatraz? Cos it doesn't feel like it!!

[ride the wave 1] 25/10/2016 17:49

Regarding golden cross :-

Things are certainly looking good , we are holding our recent gains extremely well and it looks like the 50dma will cross the 100dma soon (which hasn't happened for a good few years) .

The share price will sky rocket on a golden cross breakout because it's the most powerful break-out you can get.

Exciting times for sure

GLA

[blueball] 24/10/2016 08:27

I intend to hold for the approaching golden cross sometime this week.

[christy27] 22/10/2016 13:53

RTW, Thanks, I agree. and the FPSO re Sea lion, substantiates the thinking & MO, given it progresses quietly almost regardless; relating to a regional issue, It all adds up. Ultimately the advantage comes from all the FI interests infrastructure & cost benefits of high regional activity, which lowers the poo threshold.

The money markets being driven by the very big players who need to do something to avoid a serious threat to their comfort, look compliant; I still think our board have it right for us long term investors......2017 may well prove to be a very good year providing the politicians keep a lid on their power play,

I've been "off the scene" running my other interests as I couldn't see any big opportunities in the Juniors, but have had a brilliant year. I may well take up a few new positions in the New Year, but think I ought to increase my BOR & RKH holdings as soon as I have loose cash.

Regards

[ride the wave 1] 21/10/2016 21:39

Hiya Christy , I'm hoping we have a farm in partner .

The price of oil is rising and our break even point at Darwin is $40 so things are looking good . In q2 2017 I expect poo to be around the $60 mark .

Any farm in partner is looking a good few years down the line (poo) and deep water rig rates have never been cheaper , so it's a perfect time for someone to farm in .

You never know , we could be drilling next year ?

ATB

[blueball] 21/10/2016 18:41

stay long.

[paulmurphy777] 21/10/2016 11:12

Buyer taking a rest to let stale bulls out

[telbap] 21/10/2016 10:45

It's gone up 100% in 3 days, always going g to pull back on profit taking, on a Friday too.

[ohisay] 21/10/2016 10:24

Well technically it was looking extremely overbought.
BOR seems to go through these spikes periodically.

[blueball] 21/10/2016 10:21

Don't worry it will recover later on today.

[shakudo] 21/10/2016 10:13

Aaaand dump!

[gunsofmarscapone] 21/10/2016 09:36

Morning, quite a few momentum type traders playing this now imo which is great yet in no way affects the longer strategy. Any T/A types confirm that back testing is occurring and that the trend is still +ve?

No rns yesterday re 'know of no reason' also auguring well.

[blueball] 21/10/2016 08:51

In vertical mode this morning.