Gold Oil Share Discussion Threads

[pennstreet] 30/4/2013 13:31

It does look as if someone wants to offload a big wedge ?? But why ?????

[cyclic] 30/4/2013 13:21

just bought 500k at 1.97p time 12.51pm but nothing showing ???

[mikestamp] 30/4/2013 13:02

It also shows that RB can do deals, very important.

[davethechef] 30/4/2013 13:00

I've re-bought, since selling out a year ago on the 'waiting for Z34 JV partner' rise. But this time we now HAVE the Farm-out news on Z34, which a year ago, we were excitingly waiting in earnest for.
Agreed 555Zakzak,
tiddlers/ 'jam tomorrow' co's have been particularly hit, falling to ever-new lows. But there's allways seems to be a E & P tiddler which takes off, every few months or so; where P.I's scramble to board. GOO may just be the one. I've occ traded this since it's early days of 2005. COME ON GOO!

[monis] 30/4/2013 12:52

In the past I remember GOO rising more in the afternoon. imo.

[cyclic] 30/4/2013 12:50

This is good news but it will be a while before I will consider selling, in fact i'm just about to buy another 500k knowing it will be safe.

[555zakzak] 30/4/2013 12:49

Let's not forget a huge gulf between mainstream markets and the Junior's is being played out.

Sadly AIM is going through the mill whereby many ii's are avoiding the small caps that carry risk not least, funding risks!

The dizzy heights of 2009/2010/11 tailing off into 2012 are no longer. Those times will return however at the moment markets are laced with some serious QE to keep them high. This same QE is not being dripped down into AIM and is certainly not being dripped into the oilies. Its with the safer plays, fixed income, divi payers and other asetts.

This will indeed see its day and I would guess that we will see a gradual climb over the next few weeks to something a little more sensible. Will we see the real value in a few weeks. No i dont believe we will unless we get some good broker notes and a fair wind. It will rerate though, you can count on that.

You can also count on the fact that no matter how many little pi's exit AIM with their frustrations of not becoming over night millionaires on their stock picks, others will enter. You can add the ii's to that list as well. When everyone has cleared off, thats when they will be buying in wait for the over the top rise in such companies. Most of the little pi's that enter at these times would have been nothing more than lucky..

Its a cycle and it will never change.

This company went to the wall and has been brought back to life with a great team and I am sure there are great plans ahead. It's a pain that you cant go off on holidays a little richer, but you can go away knowing we are back in the game thats for sure.

Sure its more waiting, but anything else now is a bonus... and i reckon there are a few in the pipe.

Hold on to these they will become very valuable at some point soon.

[an1mal] 30/4/2013 12:45

"buy on rumour, sell on news"

[mikestamp] 30/4/2013 12:45

I've added another 100k on the pull back, anything below 2p is a bargain, should easyly double over next month or so. If they keep dropping it i'll have some more.

[benjamin15] 30/4/2013 12:42

funny this time last year we were pushing up to 8p with less then 100% of nancy and no deal on z34

[cockney sparrow] 30/4/2013 12:40

As the Carpenters once sang "We've only just begun"

[charlie81] 30/4/2013 12:37

bought in at the top this morning again, yee haw. 81.

[pembury] 30/4/2013 12:36

Anyone got the Seymour Pierce note?, two wells carry was valued about 15.6p i think or something like that.

[mojomonkey] 30/4/2013 12:36

TG, That is what I was thinking too, look at AMER, it did not shoot up to 50+p it went up pretty slowly and had a few dips along the way too.

GLA

[the guardian] 30/4/2013 12:34

Trying to pick some good out of the sp, at least anyone who had bought shares purely for the expected step rise associated with the Z34 farmout has now gone. Apart from the people who have not yet seen the news, we should expect a gradual increase in the price over the coming days and weeks.

[mojomonkey] 30/4/2013 12:26

I am totally relaxed about this SP, in fact I would rather it did this than spike up to 5p or something like that and cause a lot of people to sell out in the hope of buying cheaper in the future.

A consolidation and then a slowly slowly catchy monkey over the next 2-3 years would be a far better way to get us to around the 25p mark,

Thats my thoughts anyway, we look very well founded with this and the other deals, a lot of risk has been taken out of the equation. Nice for a little AIM oiler to be this "sound"

[oildon11] 30/4/2013 12:25

New i should have sold up and got in boa last week wen it was 14p

[cockney sparrow] 30/4/2013 12:25

Santa Rosa is my choice for a new name after all it's all happening in Peru.

[cockney sparrow] 30/4/2013 12:23

Come on mr AT show me the money! :) and stop hiding trades in the ??? Column If we have a seller show us!

[pembury] 30/4/2013 12:22

It is a big year for the region with BPZ/ Pacific Rubiales about to start drilling offshore Z-1, Karoon due to sign a deal and drill this year, Savia Peru investing $800m in Z-36 and auctioning of offshore assets with Exxon looking to invest.

Perhaps if the area opens up Union may want to farmout part of their 80% to one of the Majors to fund drilling in future?. As Karoon are about to do.

[cockney sparrow] 30/4/2013 12:19

Penn, I forgot to add anyone buying at these prices for the first time would actually be better off than me as my average is above 3p. I recently brought some at 1.49p and I think about 1.78p I have all my GOO shares tucked away for the moment.

[cockney sparrow] 30/4/2013 12:17

Penn, I am relaxed. I'm relieved aswell, so far so good with the new management.

I think that RB's going to be doing some roadshows soon which will help investors percieve what a pro we have running this acorn to oak entity.

Not sure if a seller is holding this back I defo think that the trades aren't being reported at the rate that they have been happening.

Based on where we currently are It's got to go up eventually!

[an1mal] 30/4/2013 12:11

Time for one of our joint brokers to put out a new note in view of this development. Like the rest of you, I cannot believe that this farm out is priced in at the current share price

[pennstreet] 30/4/2013 12:08

CS - you seem a bit relaxed about all this ?

[cockney sparrow] 30/4/2013 12:04

c'est la vie. Shares very rarely go up in straight lines.