still showing ONLY buys... mostly 15K upto 35K shares... cannot see any sells so where are they getting the stock from? About 1% traded to buyers over last few days, lot more in Canada... has got to rise from all I am seeing. Think about 16p may be the hold level, suspension.... that would make people think. - Geo
no one knows what the real SP is?, no true market here. - Geo
can they keep this in auction????? - Geo........ ps are we any clearer [from your contact] what this actually implies???
For the N.Amer. BB's.... no real updates there, they should start chatter after 12. - Geo
to scan the N. american BB's. - Geo
results in Feb, rise to then and then steep up OR down, Obama threw a spanner in. - Geo
2 days at >20% up..... shouldn't complain about that... I am looking at my RBS!!!! -Geo
now, expect this SP will hold to TSX open unless there are any big buys sitting to be filled. I think the SP has found a level where the risk/reward on the RNS outcome is about balanced. All that could change if the Venture goes awol again like yesterday. We need to bear in mind the gains are against the backdrop of falling index, there is still headroom to the 24p level and still potential here for further gains, that may well draw in more institutional investors looking for a high upside potential punt. To illustrate, 1.5 years ago I weighed SQZ, IAE and SE as the three choices in this category. I went SE due to Breagh, SE is still the same SP in effect, IAE is 70p+ and SQZ has seen gains. A result in Syria will push this on significantly.... would not want to speculate how far but 35-50p is realistic... 50p is still sub 1 dollar CAN. It would take some time to get there but this all depends on RNS. - IMHO/DYOR Geo
to do some research. -Geo
Decision day if the RNS comes at the weekend. May see heavier action pm. -Geo
Thanks for keeping the updates coming, UK volume looks strong, more trades so far than average full day. -Geo
the only float available is on the plus? -Geo
SP in holding pattern now until Canada opens, see what happens there unless a BIG buy comes in here, or RNS. - Geo
2x 24.7K, each trade identical, institutional??
25K bought, one trade this morning, seems to be stalled SP right now.... more buying?
what UK volume is doing, anything showing L2?? -Geo
Won't sell until they know what they are selling, no RNS, they are blind, no one wants to sell and they have buyers, freezing the market. -Geo
Mikey, was just going to post the TSX close details, well done on getting them up here. 2.7 mil shares is 5x average volume. Op's... nice of you to drop by again, did you see the indigo pool link on PVR, dont get why more people aren't sitting up and taking notice there. We can hope for an RNS soon but who knows with SE.... either way, todays trading will be interesting. Best of Luck All - Geo
1.8 mil traded now with some sells softening the price. Looking good for am trade UK tomorrow, we are on the big list [gainers], there is not much stock around and the radar is beeping, may get some more folk coming in on the prospect of Syria coming in. The original well prognosis on Syria was around 450BCF of gas. That is not earth shaking though by any standards a good find. There is significant upside here though, if Al Tayr comes in, it de-risks 5-6 other structures to above 1 TCF, that starts to get world class. If it turns up oil rather than gas, it could be huge but that is an outside chance, the area is [thought] gas prone. With the italian sale coming in and 1000BBl/d coming out of W. Don for the next couple of years, with aditional upside here if Petrofac pull their fingers out, the unknown Bowmore potential, Crawford moving on 2010, there is a lot here to show promise for a long-term. For the profiteers, Stratic was at ~24p when Bowmore was exciting, from this base at say circa 14p there is still a lot of upside potential on a cheap-ish buy-in. Best of Luck to all here, DYOR/IMHO - geo
I have been in here a long time Mikey, I am only just above break-even but there are good prospects if we have found in Syria, all the signs are there.... in the lap of the gods now. All the best - Geo