This is in the north sea so no political problems etc myself i think its a winner ,i sold as did not want to burn more money ,i will buy in again if i get the chance i will stick to my steady trades i seem to mke more little and often atb
squirtyflower - exactly........to many people can't see past the end of their noses........it's like a crying bunch of women on here the last few day........you wouldn't believe we'd just had great news.......there are a lot of people around here who haven't got the steel for investing.
Errr..why? The company has recently released a stunningly successful RAR. Last year it successfully negotiated a l RBL deal and is currently looking to renegotiate this and bring in a farm-in partner. The BoD and CEO are doing a good job. The share price isn't currently where some people would like it, but plenty of other O&G exploration companies are suffering here too so it is not specific to XEL.The trend will change and I'm very confident we will see excellent sp returns here over the next 2-3 years. In the meantime, there are too many people who have the patience of a house-fly.
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