Register
Login:
Share:
Email Facebook Twitter




Quick Poll
QUICK POLL >
Would you like to own a helicopter?




SLE Share Chat - RSS Feed

San Leon Share Chat (SLE)



Share Price: 1.30Bid: 1.23Ask: 1.30Change: 0.00 (0.00%)No Movement on San Leon
Spread: 0.07Spread as %: 5.69%Open: 1.34High: 1.34Low: 1.24Yesterday’s Close: 1.30


Share Discussion for San Leon (SLE)


Thread ViewThread View
Please Login or Register to post messages
Posts per page:


promptish
Posts: 24
Off Topic
Opinion:No Opinion
Price:0.98
View Thread (2)
RE: Promptish
9 Feb '15
ok thanks for that, Think the lesson for me today is that SLE is only important if you hold shares already
 
G1lo
Posts: 307
Off Topic
Opinion:No Opinion
Price:0.98
View Thread (2)
Front page
9 Feb '15
Wherewulf
Posts: 70
Answer
Opinion:Buy
Price:0.98
RE: in hindsight...
9 Feb '15
Bottom feeders...
BigBren
Posts: 113
Observation
Opinion:No Opinion
Price:0.98
Shale Oil
9 Feb '15
How the Shale Oil Industry Hurts Itself
By Alex Martinelli | Monday, February 9th, 2015
Alex Martinelli
By nature, the U.S. shale oil industry has a self-effacing business model...

That means to stay in business, shale oil companies have to hurt their profitability.

Think about it like this...

For decades, oil companies and government officials knew there were billions of barrels of reserves locked away in shale rocks in North Dakota, Texas, Pennsylvania, and Colorado. However, those reserves were not economically recoverable.

That is, not until oil prices started ballooning to never-before-seen heights in the 2000s. That's when wildcatters like Continental Resources CEO Harold Hamm exploited new technologies to frack shale wells and recover what was previously uneconomical.

The tight oil producers could only get big with high prices — and big they got. But after a few years of unbelievable growth, these producers drilled so much (about 4 million barrels per day added to global supply in the last five years) that they created a supply glut.

Said glut began to take its toll last July, as supply outpaced demand and prices started their fall to the lows of December and early January. Prices dropped nearly 60% between June 2014 and January 2015.

With that drop came a drop in the profitability for frackers. These companies only existed because prices had erupted to all-time highs — but once the glut they created caused prices to drop, they essentially ruined their business models.

This means shale oil companies will continue on this painful, self-effacing trend. Every time the price goes up, these companies will be able to enhance production, which will, in turn, force prices back down and hurt profits.

For investors, it's going to be a vicious cycle.
RobbyB
Posts: 1,553
Off Topic
Opinion:No Opinion
Price:0.98
View Thread (2)
Promptish
9 Feb '15
They will not let you post Internet links until your account has been up for a while and you have made a few posts. Then it will be enabled.

Be very careful here. History is against you.
promptish
Posts: 24
Off Topic
Opinion:No Opinion
Price:0.98
View Thread (5)
RE: All in All
9 Feb '15
Thanks for that honetsid, much appreciate any advice,Have only been at it for a few months and have got caught out on a couple of smaller trades which is I think a good thing,
frus
Posts: 1,310
Off Topic
Opinion:No Opinion
Price:0.98
Sad
9 Feb '15
Isn't it...All the excitement of yesterday can't think of any reason anyone would want to read another XR post ever again...My Polish friend, who happens to be a local in the area...dear dear me.
honestsid
Posts: 455
Off Topic
Opinion:No Opinion
Price:0.98
View Thread (5)
RE: All in All
9 Feb '15
Welcome promptish,

Nice to have a new investor posting here. With an initial attitude like yours " Am new to this, and see there is a lot of info but it's a guess as to how accurate." I am sure you will do will as you seem to have grasped the number one principle ... DO NOT TRUST FREELY GIVEN ADVICE ON BULLETIN BOARDS.

Then go on to follow the second rule, CHECK EVERYTHING FOR YOURSELF, that is believe no-one until it checks out to be the truth and it makes sense to you, if you don't understand it all the more reason to check it out.

Another one is do not trust overly optimistic forward looking statements, that is one very important consideration because they often arrive in official looking documents and presentations although the document should tell you to be cautious about any forward looking statement.

That was a great link, thank you. I have re-posted it just in case it was removed by a robot on some sort of technical/censorship issue.

http://translate.google.co.uk/translate?hl=en&sl=pl&u=http://www.rawicz.pl/&prev=search

It appears that the article was written on 6th Feb.and said "According to the schedule, in the next week will demobilization rig and other equipment used for the drilling. Then will be delivered the equipment necessary to carry out the tests. Car traffic in the vicinity of Szymanów may be times during this period increased."

Please keep me/us updated with any new research you have.

All the best. Sid.
honestsid
Posts: 455
Off Topic
Opinion:No Opinion
Price:1.01
Shareholder Rights Campaign
9 Feb '15
Off topic but some may be interested in signing the petition. please pass it on.

http://www.sharesoc.org/shareholder-rights.html
promptish
Posts: 24
Off Topic
Opinion:No Opinion
Price:1.01
View Thread (5)
RE: All in All
9 Feb '15
not sure why website was removed? well it was the three doubleyous dot rawicz dot pl and look under city hall news





Sign up for Live Prices


Home  |  Contact Us  |  About Us  |  Careers  |  Advertise with Us  |  Sitemap  |  Terms & Conditions  |  Cookies  |  Privacy


Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.