Member Info for Augustus_

Thanks for the explanation ART123

It's been a very nicely timed buying for me, picking up at 590 and 598, to see this lovely rally take me up to 10+% and with dividends to come.

Rathole, you say Oxy are operating Tulainyo, do you mean they are the guys with the rig in the same way that Paul Graham were drilling Dempsey? Sorry, I'm not an o&g guy.

States that director increased holding by 1 million shares, valued at 85k

Orchy, anyone that can read 'funded' in an RNS and take that to mean there are funding issues clearly has an agenda. I've observed this board a lot more than contributed to it, as I believe in quality over quantity, but What3 is presumably a swing trader that feels they can manipulate the direction of the SP. I still read their posts and it sometimes has something of worth but take everyone with a pinch of salt and take funded to mean funded imho

Orchy, I agree with you fully. I'm actually glad that the hysteria amongst the panic sellers has brought the price down as it gives me a great top up opportunity. I have no doubt that we will have a new 52 week high within 6 months, and I would wager within 3 months. But I always intended to hold for China, before Duyung and Dempsey were even in the public domain. The interests of day traders and rainbow chasers are of no concern to me. I'm by no means an o&g expert, this is my first o&g holding, but the information is out there for those willing to research. This hysterical oversell is the product of willful ignorance and I welcome the opportunity. The lion doesn't care if the gazelle is dazed and confused.

Well stimulation treatment in California Http://www.conservation.ca.gov/dog/faqs#wst From the section "what is hydraulic fracturing?":- "During 2014, 652, or 97.46%, of the well stimulation treatments in California were conducted using hydraulic fracturing." From the section "how often is wst performed in California?" "In 2014, 669 WST projects were reported to the Division. Of these, 665, or 99.4%, were located in western Kern County. 545, or 81.46%, were located within the Belridge oilfields."

I'm looking forward to this Bird soaring up, up and away

It won't take much to see this tick up to 1.4 1.4, what is it good for? Absolutely nothing... Yea a bit of a stretch, I know ;)

Lol Aunty! :))

My pleasure eyesblue. 2nd day in a row that they have written on GLR, make of that what you will.

Http://www.proactiveinvestors.co.uk/companies/news/188283/galileo-advancing-on-several-fronts-with-multi-commodity-focus-188283.html

Http://www.proactiveinvestors.co.uk/columns/sp-angel/29063/today-s-market-view-atalaya-mining-bacanora-minerals-and-galileo-resources-29063.html

Thanks Troajan, gla

Hi, been invested mildly here for a couple of months now. Anybody have an idea of the time it will take to complete the drill please?

http://www.bbc.co.uk/news/resources/idt-sh/The_disruptors_money_changing

I personally believe the sp only got to recent lows due to a news shortage. I've heard conspiracy theories as to the reason, which I will not go into. That being said, this contract is with the biggest SSL provider in the world. A 2pm RNs which has probably been missed by a lot of tern shareholders and industry people alike. I see a lot of short term growth here for traders and even more long term for investors. Increased my holding this afternoon by over 100% accordingly. Imho dyor gla

Look good from here, increased NAV per share to 939p, a great bargain. A quarterly dividend to reinvest makes for an obvious purchase imho. If you doubt London real estate, well maybe you should revise your opinions.

Seems to be showing decent support at 600p, it will be interesting to see how the buyback works out here.

I think its something more macro-related, I noticed some synchronicity in rises with Biffa and British Land. Something positive on brexit?