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No sign of my trade..The MM'S playing on investors fear and regret...Like I said earlier I fell for it and jumped ship with 88E last year and was kicking myself..
Just hold tight short/mid term and hopefully the company will pull their fingers out and crack on with future plans asap.
Standard duster drop for me..I've bought another 1m so doubled my holding...other irons in the fire with S1 and as stated in RNS open discussions into JV... This is long from over..
Just sit back now and wait for news..Holding for 1.5p minimum before I sell one share..
GLA
I was in 88E last spring when they hit a duster..Heart breaking and I bailed straight at 0.26p later to see it then rise within a week or two as I've learned these things do to 0.39p...88E was duster and no future drill or plans at the time. BPC do have a plan and other interests which they've announced they will move on to ASAP.
My point being hold tight wait for the next RNS and the inevitable correction..We won't see 2p plus until 2500bpd is coming out of S1 but 1-1.2p in my opinion is a realistic short term goal..
Disappointing to say the least but no point selling now at a loss..might as well hold for Trinidad ans wait..
I think LO are now gone having dumped like lunatics on Friday.
For me I'm in at an average of 2.11p..potential 400-500% gain or a 60% loss which will be short to mid term and itll be back to 2p when they drill next..
Day 50 tomorrow of a claimed 45-60 day drill so I'm not worried in the slightest that we haven't had an RNS . If they hit a duster at 45 days then we would have had an RNS by now. Im expecting it to go 60 days so with hopefully LO gone and 10 days to go could see the SP recover to decent level before the potential RNS of an oil find..
Good luck all invested..
2.35p finish...
I agree.. Im hoping the SP continues to rise before hand..
4p would be a nice springboard..
GLA
We're looking good for a good day again today..
GLA
Seems like the little drop down to 2.15p was to induce selling as they had buyers waiting.. Bounced and straight up to 2.25p..Interesting 16 minutes left until close..
Some large buy trades shown late... 1.3m and 2.25m
This is looking good for another rally ...2pm seems to see some action..
I personally don't think we'll get news until day 60 but I believe it seems PIs are starting to buy in..
I work in the construction industry and if you give a date like 45-60 days then 9/10 its 60 days..45 is wishful thinking. I appreciate this isn't construction but by stating up to 60 it'll be 60...I hope it is as it gives time for the SP to rise to a decent level to spring board off when the oil is announced... :)
Drowning in oil...
Serious buying this morning...heres to daily 10% rises for 2 weeks to news...
I believe once the SP goes past 2.20p thats the green flag that LO are out and away we go..
If this hits oil we're in thd money big time
GLA
Buys coming in , LO seem out of the picture.. could this be the start of a rise to news we've been waiting for..
GLA
Over 18m traded in 1 hour and mostly buys.. buys to sells 6 to 1 and looking good moving forward
Looks like a reverse of last weeks shenanigans now LO are out. Above 2.25p close and I'll be happy for today..
15 days of daily increases and a massive oil find RNS would be wonderful...
GLA
We're on day 39 of a 45-60 day drill... Still 6 days away if the drill went perfect or potentially have another 21 days to go..
Theres no leak here just sellers cashing in 5-20% on the latest rise from 2.02p to 2.55p... Unfortunately the impatient are panicking but what certain is it will get to a level where the sellers will buy back in...
GLA
Nice delayed 4.1m delayed buy from this morning...
These keep popping up..Ivr got a good feeling about this
Buys to sells almost 5 to 1....looking good for a recovery back ul to 2.5p +
GLA