Prospex Oil And Gas Share Discussion Threads

[ileeman] 12/9/2016 15:20

Averaged up some more in PXOG another 100k at 1.4875p. The most I have paid.

Will continue to add on every dip. Confident where this is heading over next few weeks/months.

[ccr1958] 12/9/2016 15:02

Looks like orders being filled a tad below 1.5p ,nice !!!

[ccr1958] 12/9/2016 08:29

yes next part of the plan in place and we`ll move up to a new level imo......surprised we still got sellers clearing their decks !!!

[ileeman] 12/9/2016 08:17

Yea chart looks very good

Just needs rig update confirming dates and we are away, any day this week fingers crossed.

[ccr1958] 12/9/2016 08:16

Yes big few weeks on the `horizon` here ,bullish in nature ... come on Volume !!!

[tidy 2] 12/9/2016 08:04

Lee. Golden cross mate. Right on the cusp.

[ileeman] 11/9/2016 13:27

2p+ next week? even more with news


free stock charts from uk.advfn.com

[cinques] 11/9/2016 08:40

Hutton are no fools. Good to have such a large firm confirming the risk model here.

[tidy 2] 09/9/2016 23:20

Cusp of long term golden cross here guys. Almost broke into it. Check it out 50 crossing above 200 Sma

[cinques] 09/9/2016 18:14

Some big volume going through ISDX too.

[tidy 2] 09/9/2016 17:40

607.7k myself. Reported late

[potential] 09/9/2016 17:26

Bought a further 50k but not showing

[tidy 2] 09/9/2016 16:05

Bought. Not showing

[ileeman] 09/9/2016 15:38

200k max at 1.6p

[ileeman] 09/9/2016 09:28

Looks like it might consilidate until rig news hits, considering comments made by chairman regarding rig this update should be any day now.

[purple11] 09/9/2016 07:58

4.7m cap looks cheap to me.expecting a 6-8m cap going into drilling.patiently waiting for newsflow to kick it into the 2s .we shall see.

it will certainly be interesting to see the volatility in price during the drill- for anyone wishing to derisk it may be an idea to wait for this this rather than the usual sell just before spud play.due to the high impact nature'and the short drilling time the price has a high chance of swinging violently during drilling and i wouldn't rule out the 4s and 5s being seen.infact,i think its pretty likely.

first we need the rig!atb

[potential] 09/9/2016 07:07

Zzzzz. .. 40 COS, fully funded, further acquisitions to come, mcap of just 4.7m

[runwaypaul] 08/9/2016 21:35

posts whilst holding.....

Prospex Oil & Gas PXOG (formerly PGR Kyrgyz gold disaster) - PXOG
StoneFold - 14 Jun 2016 - 15:19:37 - 119 of 366
Probably two or more holdings RNSs soon else someones over 30% and there will be a Takeover offer.
Volume also improving.


Prospex Oil & Gas PXOG (formerly PGR Kyrgyz gold disaster) - PXOG
StoneFold - 10 Jun 2016 - 08:59:11 - 113 of 366
RNS


Directors buying, and if they can achieve that NPV who could blame them.

Current total number of shares = 205,331,291


then read his posts after selling into the june low @.90

he tried to get back in for a while,with a flood of increasingly bearish posts,then when the stock ran away,gave up and went silent.now he sees a resistance area and he bitterly turns up again.

[runwaypaul] 08/9/2016 21:23

you didn't want the stock back at 1p

you don't want the stock at 1.7p


looking back through your history on pxog its clear you sold in june,at a loss,you then missed your entry and turned negative.

you bought around 1.10(or far higher) sold around .90 when it briefly dipped below 1 and then immedietly went on the deramp.

[stonefold] 08/9/2016 21:07

Sadly many like runwaypaul seem to dislike having to read posts that express an alternative view, to the general tide of ramping. I would suggest they make use of the Filter button.

His post "notice stonefold is at it again on the lse bb. luckily I didnt listen to the guy as he tried to persuade others to sell the stock@.90" is a lie. And it is not the first time.

People are welcome to scroll back and read the opinions that I post. They will see that I do not advise or try to persuade people to buy or sell.
I do sometime question people when they post something that is IMO incorrect.

Just as it seems to be ok for people to fill twitter and boards up with gems like
"choo choo" "no-brainer" "boom" "it's gonna rocket" "tick tock" "the mm can't hold it back" "I just topped up" "fill yer boots" "its gonna break (some made up high shareprice) today" and so on, or to refer to irrelevant charts- It should be ok for people to express other opinions. And yes as likely as not the other opinions will turn out to be as wrong as the other drivel is.

As runwaypaul chose to mention my post on the other board, which has been awash with misleading ramping, I will copy it below. Which I assume he wants you to read.
Please excuse me if I don't appear to reply to posts as some here are filtered.

lse post ==================================
Gamble what you're happy to lose.

Despite the impression given on Twitter and various boards, by what looks like a flock of rampers ;-)

Oil and gas exploration is a highly risky business. If this year’s drill fails then PXOG is effectively worthless.

See page 9 for probability of success
40% for small shallow target
20% for larger deeper target.

In other words it is more likely to fail than succeed.

See also page 10 for probability of gas containing Nitrogen and how that affects commerciality.

This prospect has not been drilled before and there is nothing close by for easy comparison.

(This pdf is about 50 Mbytes)

[ileeman] 08/9/2016 18:07

Still overhang about, there will be alot of dip buyers waiting in the sidelines here and cant see news taking to much longer. Will fly once everything is confirmed Q4.

[runwaypaul] 08/9/2016 17:51

notice stonefold is at it again on the lse bb. luckily I didnt listen to the guy as he tried to persuade others to sell the stock@.90

[royalalbert] 08/9/2016 15:49

yep agree, but the spread is very narrow, could be the last of the overhang.