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Hi dogfather, maybe they wanted someone in by them snapping up shares - major oil company?
To be honest shaa, I smell rat. Share price should be around £1 by now. Even more if XTR Colin Bird was Ceo here lol
yes Bird another that lets them fly then kills it with multiple placings
vice Arty's never give it a recovery and place again syndrome
I smell something different dogfarter. YOU!
I recall you casting doubt a few months ago.
Go dig up a bone elsewhere ...
Sure we will catch up, problem is London is the liquidity so all CR happen here.
Therefore, all extra shares, overhang, day traders, MM manipulation etc happens here.
All good.
Canada still ticking along nicely 0.70 up 16 on Fridays close 25% up today and nice Volume
for them record 1.325m
Volume
829,335
average was way lower than 90k typically zilch to 15k or a rare good day
25-40k
Only recent exceptions , when Haywood appeared and gathered for 1 session and
13 minutes the next pushing it up 25% and 16% before TD SQUASHED it back down
and a day when a distressed seller handed TD 500K at a rock bottom price on the bid
Late March a 105m or 1.05m early after our London Suspension , until the news hit
and last Tuesday romped to 1.325m shares , never has the London volume
Multi millionaire crypto trader is back and bored again. Weather is no good for the Lambo's and Ferraris so he is back on here instead.
Shhhssston, tell me why this discovery was kept secret for four months and raised millions @20p? You smell so stupid.
Jamie, loading up XRP to become billionaire.
Very satisfactory. Nice sensible rises each day will do well.
Agree Daceon, 15% a day will see us around 63p gone Friday.
However, I still think we will have a biggy this week.
dogfarter, the secret was kept from you only....
DYOR
The longs most sure have this now.
Canada up 25%. at 0.70 Cad.
The initial crowd has grown, te gossip is getting louder.
The secrets out. The dog is actually a CAT. Somebody please let him out of his bag....
Yes it is a great day.
The suggestion that they delayed for months before informing the market of the size of the find is not borne out by the data we have. It has been explained that the well proved complex and the results required careful analysis before the information could be confirmed. Not only would it be illegal and unethical to release the information unless they were convinced it was correct - imagine if they had to withdraw or downgrade it. Jumping the gun is disastrous and then more recently (well after the capital raise) they RNSed they would delay the result for commercial reasons - it wasn't months!
Don't get me wrong - I'm already working out how to do rockets if we do 200% in a day :-)
Evening LT, think you need to check the exchange rate
Just ticked up in Canada now at 72c
Volume over 900k
Canada up 28.6% now at 0.72 CAD x 0.58 = 0.4248 GBP
He is correct. Start buying....lol
IMHO
40s tomorrow then.
That'll bring the flock
Fair appraisal of recent situation...and summarises as follows:-
Why the massive increase in share price?
On 10 January 2022, the company made a significant discovery of light oil, again in Wyoming. This discovery is estimated to be 1.5bn to 1.9bn barrels of oil. This discovery has excited the market and directly resulted in the 43% weekly increase in the share price. The CEO, Arthur Millholland, stated that the amount of oil found is “many multiples greater than our original expectation”. Indeed, some extraction and production of oil from this discovery has begun. In the lowest field zone, the company is already producing around 100 to 120 barrels of oil per day. The discoveries are exciting news and will be compounded by the high oil price.
Canadian Overseas Petroleum has made a number of encouraging discoveries of light oil in recent times. While this stock is still small, I think the rewards far outweigh the risks. I will be adding this stock to my portfolio as a speculative buy.
Excellent. The mainstream is starting to take notice.
Crude flying still also. Over $84 still.
Canada is flying…tomorrow should be a good day