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The directors of Plato Gold Corp (TSX-V: PGC), Oracle Coalfields (PLUS: ORCP) and Beowulf Mining plc (AIM: BEM) will be presenting:

Thursday the 17th February 2011,

Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception. Details on the presenting companies can be found below.

This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

If you have any problems registering or queries please email events@proactiveinvestors.com.
 
Take a look at Sound Oil.

Up 30% over the last couple of days, primarily down to pi interest, but certainly looks interesting:

From iii board:

Mkt cap £18m fully diluted
Cash in hand ~£9.1m
New £10m SEDA facility from Yorkville

Core Assets - Italy and Indonesia (Oil and Gas)

Italy - recent acquisition from Consul Oil and Gas (96% owned with option for further 4%) - 17 Licenses - 2 drills planned for 2011

Indonesia:
Java - 3 exploration wells in 2011 (20% carry)
Kalimanantan - 2 exploration wells in 2011 (5% carry)

Summary
7 wells drilling in 2011, cashed up to Q3 2012, £9m cash and access to £10m SEDA from Yorkville. RAB Capital now own 25% of Consul. Large seller in background from recent placing, should be clearing soon. Many of the new shareholders are locked in for 12 months.
 
Looks like there is a bit of a three line whip behind SOU at the moment.

Not sure about the £9m cash figure but presumably that is all committed ?

seems to be a lot of talk about the 'potential' of the contingent resources but they are just that contingent not 'proved and probable'

not sure i'd see RAB holding 25% as an imprimatur of quality ;-) :-p :-D more likely a potential tap of shares into the market

having said all that as i've said before this is a bubble market similar to dotcom in late 90's/early 00's and with heavy retail involvement you want to have exposure to 'easy' stories which can gain traction with the masses so i may have a small punt if the chart acts ok (initial view looks like at resistance and should see retrace back to an appropriate moving average support before another more likely if any successful attempt second time round?)

(i am currently reading 'Extraordinary Popular Delusions and the Madness of Crowds' so as to be armed for the developing bubble)
 
I have taken a small position in SOU this afternoon for just the reasons you state pia786. It may retrace to 1.5p, but it was being pumped on many of the busiest boards today so retrace may take some time.

EE - as they say, the stock market is simply the transfer of wealth from the impatient to the patient. I've done worse than that, but learning to invest and hold rather than trade.

Good rise for SXX today on rumours of a positive drill, two further planned drills and a potential plant.
 
Jaspa or anyone else would be great if you could go to mayfair (just off berkeley square) for the Oracle coal presentation by shah rukh khan on Feb 17 as clearly of interest due to their Pakistan interests but might be of investment interest as the Andrew Bell (RRR & RGM) ramp machine might get behind it with AIM listing planned

I'd go but will be out of the country
 
I should be about mate. Leaving my job this Friday.

Let me know details. Send to my email (if you still have it).
 
jaspa888 said:
I have taken a small position in SOU this afternoon for just the reasons you state pia786. It may retrace to 1.5p, but it was being pumped on many of the busiest boards today so retrace may take some time.

EE - as they say, the stock market is simply the transfer of wealth from the impatient to the patient. I've done worse than that, but learning to invest and hold rather than trade.

Good rise for SXX today on rumours of a positive drill, two further planned drills and a potential plant.
Click to expand...
Currently at 2.2p. Nice one.
 
Got pipped by a couple of hundred votes but thanks to everyone who took the trouble to vote.
 
What is the best strategy for offloading a large holding in AIM.... Sometimes I am able to get a "fixed" price on HSBC but other times if its a large holding its @best. You could I suppose sell it in smaller chunks.

I am just interested in how the more experience guys sell large holding a in fairly illiquid stock.
 
pia786 said:
http://www.dawn.com/2010/12/28/test-burn-at-thar-coal-deposits-planned-in-march-2.html

FYI

jaspa will email you details
Click to expand...

Last week, I just happened to watch Geo/Ary News as Taseer had been shot and saw head of Angra, Dr Mubarak Samarmand as well as some other guy discussing the Thar coal project.


It seems the battle for mineral resources has just begun... I just hope our stupid politicians dont give it all away for peanuts to the foreign companies!!

http://www.dawn.com/2011/01/13/mubarakmand-opposes-foreign-role-in-reko-diq-2.html
 
Eagle_Eye said:
What is the best strategy for offloading a large holding in AIM.... Sometimes I am able to get a "fixed" price on HSBC but other times if its a large holding its @best. You could I suppose sell it in smaller chunks.

I am just interested in how the more experience guys sell large holding a in fairly illiquid stock.
Click to expand...

It is usually better to sell it in smaller chunks to get a better price, but that does incur additional selling charges every time.

I usually sell in chunks by placing sell limits for the day, i.e. if SP offered is 5.05p and I want 5.15p, I will set that limit for a day and hope it is taken. And then repeat.
 
i don't really worry too much about selling price it'll just take a bit off the CGT liability :-p

if it is a large holding which might impact market in an illiquid stock i try not to get into such a position in the first place and if i am just wait for news and volume before i sell or just do Fill-or-Kill if i have time to watch the screen or set a limit order over the day
 
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re 'foreign companies taking our assets'

much of this is b.s.

1. The foreign companies are generally more technically adept and equipped to manage these projects, in the case of Reko Diq Barrick and Antofagasta are both major players in gold and copper respectively

2. It is up to country to set royalties/taxes at such a rate to provide incentivisation to foreign investors but also prevent all the value disappearing out of the country

3. beware the hype and b.s. of journalists or self-interested parties for example they talk of $500bn of value going out of the country but in fact that is total value of the resource not the profit that Barrick or Antofagasta will make (ultimately most mining companies over the economic cycle make just single digit or low double digit margins)

a large part of Barrick / Antofagasta investment in the country whether Capex/Opex will directly / indirectly benefit the country long into the future by transferring skills to local workers or improving road/rail/port infrastructure
 
pia786 said:
re 'foreign companies taking our assets'

much of this is b.s.

1. The foreign companies are generally more technically adept and equipped to manage these projects, in the case of Reko Diq Barrick and Antofagasta are both major players in gold and copper respectively

2. It is up to country to set royalties/taxes at such a rate to provide incentivisation to foreign investors but also prevent all the value disappearing out of the country

3. beware the hype and b.s. of journalists or self-interested parties for example they talk of $500bn of value going out of the country but in fact that is total value of the resource not the profit that Barrick or Antofagasta will make (ultimately most mining companies over the economic cycle make just single digit or low double digit margins)

a large part of Barrick / Antofagasta investment in the country whether Capex/Opex will directly / indirectly benefit the country long into the future by transferring skills to local workers or improving road/rail/port infrastructure
Click to expand...

I am more concerned with the lack of knowledge and ineptitude of the politicians. One would hope that they have sound and good technical advisors who can lay it out plain and simple for them about the short and log term benefits in view of what is going on in the world. I just have a feeling that in most instances they are clueless and they opt for short gain for peanuts!

On another note did you get Ubuntu working?
 
Two excellent RNS's for SXX this morning. Potash aint as sexy as oil, but just as valuable (more so if you look at just how few potash producers there are).

This share will either be £1+ by year end, or they'll run out of money.

I think the former, but DYOR.
 
Time frame for Spuding in Puntland announced by Africa Oil...... should be good news for RRL share holders
 
SXX well done on that geez that investment banker has done well getting 20m for a years work

TPJ the new CEO used to work with me at my last firm hope he spends more time running the company than swanning around in his latest sports car :-p
 
I was expecting big movement on RRL, though left disappointed.

Guaranteed drills in July and September 2011 should see the SP at multiples of today's number. And thats before they strike any oil...
 
**** me!

SXX up to 21p on the back of ii buying (presumed) and director buy RNS.
 
Nostra Terra Oil & Gas Co (NTOG) found oil.... anything on this company Jaspa and Pia?

Jaspa... I really regret not investing in SXX!!
 
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NTOG was one of those companies which tried to take BB posters to court for 'defamation'. And on that basis I have very low opinion of management and have not bothered looking at or analysing in any great depth. I'm out.
 
As above. But it is being touted massively on the bb's by the usual pump & dumpers so tread carefully...

Any views on Angel Mining?
 
Looks like NTOG finished flat to down after initial spike. The pump and dump brigade have seemingly moved to TQC.


ANGM can't seem to sort their financing out and get producing. Had to take out 'death spiral' financing with one of those SEDA companies. Not enough blue sky explo hope I reckon. All the ones producing get hammered for failing to deliver.
 
Jaspa - you still holding in pxs? If so, any news on the horizon in the near future?
 
Yep, still holding in PXS. Nearly 5 years now.

Perversely, it is probably the most derisked share I have since it has already achieved its milestones: its gotten its EFSA approval, signed its deal with DSM, etc. All we are waiting for is for DSM to tie some big boys down in lucrative commercial deals...

It will happen. Just dont know when, and for how much. But having seen the extreme volatility of this stock, there is no way I want to be out when it (eventually) blows.

Poor day for GCM today. Really pissed off with the lack of newsflow from BoD. Dont know if fall in SP is down to some impending bad news, or just because of the knock-on effect of the Bingo S-X crashing.

SXX had a rollercoaster day. Up to 22.5p based on RNS, but broker note rushed out that it wasnt good news afterall, so we saw a fall to 17p. Will probably fall to 14p until next milestone announcement.
 
PXS just baffles me... they have a good product everything on surface seems to be in place for it be successful... but the feet dragging and total lack of information was too much for me and I sold out and got into SRES... I will get back into PXS if another month or so... and I hope its still at the current levels for me to get back in.

I am looking for an entry point to SXX... you reckon 14?

GCM was another I am keeping an eye on. But it just reminds too much of PXS.... Everything is in place for it go into stratosphere but never quite get over the hurdles ....

What your views on Matra... could 2011 finally be the year for them?
 
GCM looks like it was just a technical move on changes in spread-bet margin requirements. A lesson never to trade stocks on margin.

Personally have been buying more GCM in the dip.

Everything on the fundamental side is looking good...

Long awaited Coal Policy published
Everything in it supportive of GCM position
Parliamentarians (cross party, including local MPs and high ranking ministers) come back from German open pit mine visit and support open pit mining
Japanese donor agency (JICA) who were asked to prepare study on 'Master Plan for Coal Powered Development' 15 months ago about to publish report in February and leaks already suggest conclusion will be 50% dependency on coal. Hasina visited Chairman of JICA a few weeks back on visit to Japan and JICA seem to be funding a lot of other crucial Bangladesh infrastructure on great terms.

It is all shaping up to be a slam dunk for GCM. Worst I can see is slight renegotiation of royalty rate up from 6% to 12% which will be no biggie as coal prices have gone up 3-5x since the initial royalty was agreed.
 
"Look forward to seeing you all at the next AGM where we'll be serving champagne" :-p

Think I'll stick to the rather weak English tea thanks
 
Still spooked by GCM, but only because I am in at 260p. Those crazy bengali babus need to pull their finger out before my blood pressure rises too high.

If you were a betting man, what chances that green light will be given in the next three months (i'm thinking of cgt losses obviously)?
 
Eagle_Eye said:
PIA... what exactly is the hold up for GCM?
Click to expand...

The hold up is down to residents who live in the area near to phulbari mine. The mine can only be economically exploited using open mining methods, and this requires the relocation of the residents who are living illegally on Govt land.

The GoB have offered to relocate them (with free land), but they are being agitated into action by a pro-India lobby. This lobby allegedly receives kick-backs from the Indian coal companies for Bangladesh buying their sub-standard coal.

There were demonstrations near the mines about 3 years ago, and three demonstrators were shot by police. Since then, successive Govts have bottled the decision to open the mine for political considerations. Even though Bangladesh has power shortagers and pays a premium for its coal from India.

Mining its own resources is the ONLY long-term solution, so should be straight forward decision, no?

Complete nonsense, but third world politics never make sense.
 
GCM the only hold up is i can see is

political expediency which relates to the rehabilitiation and resettlement issue

due to Sheikh Hasina when in opposition saying that she would not let the coal mining go ahead, since then she has had to backtrack now she is in power but obviously does not want to lose total credibility and thus tasked JICA with doing a 15 month study to have a respected outside donor agency covering her **** when she does do her u-turn

frankly Bangladesh can not afford to pay for furnace oil to run rental power generators for any great length of time as furnace oil is about 10-20 times the cost of coal power electricity on a per unit energy basis
 
jaspa

Polo said by financial year end for them so could be up to June

GCM have given up forecasting (but their next AGM is Dec 2011)

Muhith the only sensible politician in the Cabinet who is a technocrat with deep experience and some environmental credentials should be the main moving force for progress in an otherwise typical Asian government and he said in December "expect exalting information of power crisis solution January-March"

that comment was carried in various papers..

http://www.newstoday.com.bd/index.php?option=details&news_id=13233&date=2010-11-26

http://www.unbconnect.com/component/news/task-show/id-35474
 
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Thanks for that Jaspa and PIA........ That was sort of my uderstanding, I thought there was more it than I know about.

It is just outrageous that the Banldesh Gov is dragging its feet for the greater good of the country.

Jaspa you called it right... third world politics just does not make sense
 
Unfortunately part of it may be the Governement being corrupt or inept but it has not been a 5 to 6 year wait under one Government.

It was mothballed under the BNP Govt. That was then replaced by a military interim Govt lasting two years and Hasina's Awami party have only been in power 2 years so fair enough that they had to do some preparation work before giving the go-ahead on such a contentious decision.

One further signal may be that Hasina has appointed her son to become development minister or some such for the Northern coal region. In these families I doubt she'd give her son a 'hospital pass' I think she is setting him up to get all the glory for when the Northern Bangladesh coal mine area becomes the 'Saudi Arabian oil fields' of Bangladesh.
 
Oracle ORCP features in Daily Mail Market Report

Plus-quoted Oracle Coalfields jumped 8pc to 10.625p. The coal developer and explorer has a 1.4bn tonne coal resource of lignite coal in the South Eastern desert of Singh Province, Pakistan. Interest in the stock has increased because of the potential Indonesian coal export ban and the floods in Australia.


Read more: http://www.dailymail.co.uk/money/ar...yGaming-stages-US-comeback.html#ixzz1C5kz7vyg
 
Again can't make it myself but might be interesting for others...

The directors of Condor Resources (AIM: CNR) and Plant Impact (AIM: PIM) will be presenting on Thursday the 10th February 2011 at the Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB.

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapé and wine reception.

REGISTER HERE: http://www.proactiveinvestors.co.uk/register/event_details/100
 
The lunches and dessert at oilbarrel and minesite conferences are excellent. Proactive is disappointing in comparison.
 
Interesting developments at Sheba Exploration (PLUS:SHE) today :-

http://fool.uk-wire.com/Article.aspx?id=20110201094211M3615

Appointment of Simon Robinson as Public Relations Representative

Sheba Exploration (UK) Plc, an Ethiopian gold and base metals explorer, is pleased to announce the
appointment of Simon Robinson of Farm Street Communications Limited as Sheba's public relations
representative.

Farm Street Communications act as PR advisers for a range of listed companies including Cluff Gold, Serabi
Mining, African Mining & Exploration, 2ergo and Worldlink plc.

Simon is highly experienced and well connected in the media world, having previously been Chairman and
Founder of Parkgreen Communications, a financial media and investor relations company which advised over 70
listed companies. He was also Deputy Managing Director of the Mirror Group Newspapers and Managing Director
of the Sunday Mirror; the Sunday People; a Board Director of the Birmingham Post and Mail and Managing
Director of Mirror Group Newspapers Ireland.

His role will be to promote Sheba amongst his media contacts and ensure that the general media and potential
investors are fully aware of the ongoing potential of the company.

Sheba has agreed to issue Simon shares in lieu of his annual fees, plus an additional share incentive bonus
should the Sheba share price rise to certain predetermined levels during the year.
The Directors of Sheba Exploration (UK) Plc are responsible for the contents of this announcement.
 
When are they moving from PLUS? I quite fancy a small dip in, but the transaction costs put me off.

Overall, we are seeing some market correction I think. And I expect it to get worse with the CGT sell-offs prior to end of March.

But still holding my positions...
 
www.jpjshare.com are apparently doing £5 flat rate trades on PLUS stocks

but i have been in touch with the Management and the new PR guy urging them to consider an AIM listing to raise their profile no idea of timing as of yet

it is as you observe pointless raising their profile whilst on PLUS

as the guy is being remunerated in shares one would hope he is incentivised to do what's necessary
 
SOU Sound Oil (Italian oil play + Indonesia interests)

just bought a chunk as rumours going around RHPS might tip it over the weekend

they are due a drilling campaign anyway so might be in focus

bought a very small amount but know it's been mentioned here

has consolidated after an intial frenzy so feel a bit more comfortable about it here

would suit Tom Bulfords style i reckon, new situation, fundraising done, story still not well known but in era of higher oil prices due to political unrest nice stable European onshore production looks very attractive
 
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Nope. The rumours were wrong.

Apparently Tom Bulford has tipped AVN, PURE, AUL

Nothing particularly inspiring but always worth reading his write ups

Will post link later.
 
AVN... does not surprise me considering he sent a presentation on it yesterday or today....
 
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Thanks.

Excellent news on GKP over the weekend. Looks like the contracts may be honoured with foreign companies afterall. Could fly this week...
 
Encouraging news from Sheba Exploration this morning :-

http://fool.uk-wire.com/Article.aspx?id=20110207070313M3633

Operational Report 39

EXTENSIVE GOLD TRENDS DEFINED

Sheba Exploration (UK) Plc, the Ethiopian focused gold exploration company, is pleased to announce further
soil sampling results from its Una Deriam licence.

Summary:

- 400 new gold soil samples have been analysed from the Una Deriam licence.

- Two arc-shaped gold trends have been defined, one of 7 km and another of 3 km.

- A strong gold anomaly of dimensions 1000m x 400m was defined at Datalian.

Currently, soil samples are being collected along the Una Deriam gold trend in search of additional
extensions to the gold mineralised system. A further 400 soil samples have been already analysed for gold
and more are being tested. The analytical results reveal two main gold trends with a combined strike of 10
kilometres, while infill soil sampling has defined a prominent gold target of dimensions 1000m x 400m at
Datalian.

Regional soil sampling

Soil sampling is being carried out at 200m x 100m spacing along the strike of the main north-south gold belt
in the licence area. The 400 new soil results, taken together with 1610 samples previously analysed, have
revealed two continuous arc-shaped anomalous trends. The northern gold arc is about 7 kilometres in length
and 1.5 kilometres wide and is defined by a number of high gold values (over 1000ppb) in a mass of elevated
gold values (over 100ppb). The arc contains a number of gold prospects which have been trenched or drilled to
a limited extent (e.g. Ndaba Shekena, 40m at 1.3 g/t trenched, 27m at 1.3 g/t drilled). The southern arc is
continuous for about 3 kilometres and is about 0.5 kilometres wide and has discontinuous extensions for a
further 3 kilometres to the south. This arc contains a well defined gold soil anomaly at the old Datalian
gold camp.

Datalian infill soil sampling

Soil sampling density over the Datalian prospect was increased with staggered sampling lines at 100m x 50m
spacing. A continuous gold target has been defined in soil with a number of peak values ranging 500-5000ppb
gold and margins defined by the 100ppb contour. The target is lenticular to oval in plan, about 1000 metres
long and up to 400 metres wide. Gold workings are scattered throughout and are usually small surface soil
scrapings or shallow pits. The main host units for the gold mineralisation are dacite and rhyolite
metavolcanics. Quartz veins carry gold and follow the bedding trend but cut across the dip. A shear zone
locally re-directs gold along its foliation. Three trenches were recently dug across the shear zone and
channel samples are currently being analysed. Rock grab samples from the area range up to 6.1 g/t gold.

Datalian is the fifth gold target of respectable size to be defined on the licence area. It is located only a
few hundred metres south of a regional trunk road and access to mainline power and perennial water is
assured. Early Italian prospectors identified the prospect in 1903 and made several box-cuts and adits into
the shear zone. The current work has shown an extension along strike in both directions with continued high
gold values persisting for three kilometres.

The Directors of Sheba Exploration (UK) Plc are responsible for the contents of this announcement.
 
Those findings of 1000ppb gold are quite impressive. Some other recent examples of uk listed gold companies who have mentioned soil sampling and ppb results :-

Thor Mining @ Dundas : "A total of 52 samples have returned gold values of between 8 parts per billion (ppb) and 26ppb"

Stratex @ Megenta : "Of these samples 139 (34%) returned equal to or greater than 0.1 g/t Au, with a further 33 (8%) returning equal to or greater than 0.5 g/t Au. Only 19 (4.6%) returned below the 5 ppb Au detection limit"

African Aura @ Ndablama : "Further soil sampling results at Ndablama have extended the soil anomaly from 1.2km to over 2km in a north south direction. The anomalous zone of gold enrichment is defined by values of 150 to 3,000 ppb Au"

European Goldfields @ Piavitsa : "Follow up partial soil sampling along these extensions has indicated that they do host gold, silver and base metal along their strike length with anomalies of up to 340 and 890 ppb gold"
 
Looks like Iraqi PM was misquoted on contract ratification, so GKP's early gains mostly lost.

Ive been in SOU for about 6 weeks now based ona tip, and looking to increase my holding there in the next month or so.
 
Fantastic leukemia trial by Sareum (SAR) on Monday. Definite re-rating taking place.

Sold some of my smaller holdings (MIO, TPJ, TYM) and put £5k into it at 12pm today @ 1p.

Can get 2p currently, but think it may have some more to go this week as news hits the other bb's, and speculators move in.

May still be worth a small punt.
 
I got in Sar at .48 a year ago since then was sitting on a 40% loss and last two days it has shot up 300% odd. More to come I'm hoping .

I did top slice and took my original investment now letting the profits ride the wave.

Also in Amc hoping they will get the licence soon.
 
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jaspa888 said:
http://www.growthcompany.co.uk/news/1600168/delight-for-sareum.thtml
Click to expand...

There is a misleading statement in that article Jaspa as well as many who are ramping on BBs saying they found cure for cancer.

My take after reading the RNS:

10 treated with Sareum and 10 without. All 10 with Sareum showed reduction in cancer immediately. 2 out of the 10 patients treated with Sareum had no detectable cancer after 6 weeks, whereas it returned 5 folds after 6 weeks in the remaining 8 patients treated with Sareum. In the meantime, the increase of 5 fold in untreated patients occurred in 2 weeks. Therefore it showed that Sareum slows the progression of cancer. But the question for me still remains, what happened to the two individuals, "cured" from cancer after 6 weeks and why did it return with the other 8 patients treated with Sareum.

There could be a sting in the tale long term, just recently Antisoma had to pull its drug out of trials after it was found to be useless. How good this really is depends on if the study is extended to a much larger pool over much larger time points. Six weeks as you can appreciate is not enough.

I have no doubt that this will prevail in the short term as the excitement is fever pitch, but for long term success, they will need to show lot more data.
 
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Jaspa whats your take on RRL.... Its all coming together nicely. I've gone big in there so I hope it keeps up the upward trend.

You reckon 18-20p in the next 2 months?
 
Excellent stuff on Sareum eagle_eye.

Well done on SAR jaspa unfortunately missed getting on board at 0.4p on day of news and then the rampers claiming a 'cure for cancer' put me off but the small market cap ( was £5m now £20m odd) was the giveaway. It did not require much pumping to get people excited.

Eagle_eye, Do you have background in the medical field ? Have you looked at Medgenics (MEDU / MEDG) it seems to be a revolutionary type medical technology as well.

http://fool.uk-wire.com/Article.aspx?id=201011190700094719W

One other stock which tends to move with Sareum (SAR) is Physiomics (PYC).

PYC started to move today before the management rushed out a statement saying they knew of no reason for the stock movement.

PYC do have some sort of relationship with SAR in the real world but seem to be more on the software modelling side so shouldn't really move as aggressively. I did invest a whole £100 in PYC just for a laugh though or to 'keep an eye on it' as it does seem to have some promising developments.

http://fool.uk-wire.com/Article.aspx?id=201003160700125973I
 
Eagle_Eye said:
Jaspa whats your take on RRL.... Its all coming together nicely. I've gone big in there so I hope it keeps up the upward trend.

You reckon 18-20p in the next 2 months?
Click to expand...

Im expecting >30p by May, based on the impending newsflow (taken from iii):
-Drill Contractor secured for Georgia (First Drill)
-Commencement of RB Frac
-East Cotton Valley Spud
-Georgia CPR
-Georgia Mobilisation
-Trinidad deal completion
-Smith Frac
-Puntland Mobilisation
-Georgia Spud



http://203.15.147.66/asx/research/companyInfo.do?by=asxCode&asxCode=RRS
Its doing nicely on the ASX at the moment, currently 6% up. I'd expect a similar ise tomorrow.

http://brokermandaniel.com/
Even pia favourite BMD is tipping it, with upto 400p mentioned.
 
PIA ,

From a very cursory look, Medgenics are essentially using a viral vector ("safe" virus vehicle that carries a desired human gene) to integrate with the human genome to produce the desired protein...The technique itself is old and that has been tried in cancer and HIV... The virus possess the machinery to integrate with host dna and make it do what it wants. The whole of this technology is underpinned by the successful viral vector they developed. To be honest not sure how safe, durable and and successful it is. I will have a more thorough look and post my thoughts here over the weekend.
 
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jaspa888 said:
Im expecting >30p by May, based on the impending newsflow (taken from iii):
-Drill Contractor secured for Georgia (First Drill)
-Commencement of RB Frac
-East Cotton Valley Spud
-Georgia CPR
-Georgia Mobilisation
-Trinidad deal completion
-Smith Frac
-Puntland Mobilisation
-Georgia Spud



http://203.15.147.66/asx/research/companyInfo.do?by=asxCode&asxCode=RRS
Its doing nicely on the ASX at the moment, currently 6% up. I'd expect a similar ise tomorrow.

http://brokermandaniel.com/
Even pia favourite BMD is tipping it, with upto 400p mentioned.
Click to expand...

I hear you Jaspa... I have similar views...

I have to laugh at BMD... He is the best PR man you can get for free if he holds one of your stocks. Maybe its a typo and he meant 40p :)
 
SAR still going strong this morning - up 50% in first 45 mins.

Great call on PYC pia.
 
The UK equivalent is FTSE100, and the answer is yes.

But then many investors have, especially over the last two years when so many good stocks were dramatically under-valued because of the economic climate.
 
Jaspa, you managed to get out at >4 in SAR or still in? I managed to buy on a spike at 0.7 in PYC... well not very clever as it seems now!
 
I sold out my initial stake of £5k at 3p, but have kept the rest in.

Was twitchy with the remainder at 4.8p, but decided to see how this plays out. Main thing is my stake has moved into WTI as they have some good newsflow pending.

I was tempted by PYC but it went too high (1.2p) when I was at the laptop, so decided to stay out.
 
Guys - the DJIA and FTSE are hitting key resistance levels. QE1 [Trillion£$E worldwide bailout] & QE2 [$600B FED Bond purchasing program] have done nothing but help fuel another bubble and inflate the markets. [There will be more QEs in the future].

Check the yields on US Treasuries and Notes. It's all about to collapse for one final time. Turbo Tim [US Treasury Secretary] wants to raise the debt ceiling for US spending while Helicopter Ben the [FED chairman] is printing $ by the Billions and devaluing the $ into oblivion. The writing is on the wall - the $ is toast.

I would personally lock my profits and avoid shares altogether in what is a manipulated market. You cannot have a jobless recovery - this is a fact.

Buy Physical Gold and Silver [not SPDRs, COMEX, paper shares] and protect yourself from the impending collapse of currencies.

PS: Go long on GBP/USD [£ against the $]
 
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