Member Info for ihavenoclue

I feel it is just panicked investors ... i feel the announcement will come on or before the 15th March.

Or is this just panic selling ? Damn, wich i had some cash left to buy LOL

You mentioned you sell 50% of your shares on a 30% rise but what do you do when it goes the other way .. what percentage loss do you take before you sell ? - Just interested I held shares in ULT and DGM ... i sold my ULT shares and made a 30% gain ... my DGM shares i sold after a very small profit as i had become a lil worried about the state of play ... not much news of the supposed buyer yet either.

Should have waited a day to top up ... normally a rebound when drops below 16p .. is that gonna happen today ?

Jaak ... i already know you know more about this business than me. I have no broker ... i just jump in and hope ... i get a good feel about a share, do some research then decide to wait a while and see or buy. I made a hash of it in 2003 where i bought QXL shares like crazy and held on. If only i had held on for a few more years. Lessons learned. Can i ask a question ? Apart from a lot of oilies i know you have, what other shares interest you ?

Generally people who suggest SELL, SELL, SELL do not hold shares in that company UNLESS they are a deramper trying to force the stock down to either buy in or average down thier holding price. Now you are saying this share " will make you a healthy gain " - when exactly did you buy these shares that will make you the healthy gain ? last day or so OR before you made the SELL, SELL, SELL comment. PS. I do hope you are right now about the healthy gain bit.

Jaak .. i did not mean anything you said was ramping or deramping, i was just saying that i am not gonna be like some people on sharecrazy that says the share price will be 12p by next week.

If they pull it off it will be a great midterm share ... if they don't there may be not much left. I am not going to ramp it mentioning way out figures of what it could be .. i just have a good feeling about this share and i will hold/ top up if it goes below 4p. Always do your own research and weigh the risks up before buying.

You can find the rest on oilbarrel.com for todays news. This is a ricky share but with GREAT prospects after funding has been sorted, which after the better than expected well results, i feel it can be achieved. Well thats the gamble anyhow. Good luck all who hold these shares.

FirstAfrica Finds Oil Column In Gabon But Investors Await News Of Financing Results, albeit incomplete, are in from FirstAfrica Oil’s first well on the East Orovinyare oilfield offshore Gabon and the preliminary news looks positive for the cash-strapped AIM-quoted oil firm. The EOV-4 appraisal was targeting the eastern flank of the East Orovinyare structure and encountered a larger than expected oil column (165 ft against the forecast 128 ft) in the Batanga Sandstone reservoir. The well also found unexpected oil shows in the deeper Anguille Formation, which will require further testing. A drill stem test recovered light oil (37.5 degree API) from the Batanga but mechanical difficulties impeded an oil flow test. Without the reassurance of a flowrate, to give some indication of reservoir performance, investors are unlikely to get over-excited about the EOV-4 well result: recent events will have left many cautious about AIM-quoted companies and their West African E&P projects. Even so, this looks like good news for FirstAfrica. It has suspended the well (the rig has moved onto another contract) and will now analyse the downhole results and recovered samples. Preliminary results certainly do not appear to conflict with its plans to proceed with development drilling in April, when the Adriatic VI jack-up is due to arrive on the EOV field for a hundred day, three-well contract. The aim here is to achieve first oil before year-end. This is ambitious stuff an

CHP :- I recieved an e-mail today from Martin Groak, for some reason it gave me more of a steady feeling about the situation. I am not one for just cutting and pasting so i have asked M. Groak if he is OK with me copy and pasting the e-mail in here. I am not sure what you guys will think about it but it made me top up a lil more even at a buy price of 17.00p ... i will show it in here as soon as i recieve an e-mail back saying its fine to do so.

CHP :- Any ideas what these are ?

There are just a few things i want to say. I don't come on these sites to wind anyone up or insult people. I decided to dabble back in the stock market a few months back after being stung in late 2003 early 2004. I believe that all the posts people say are thier own opinion. There are rampers and derampers, people who know what they are saying and have facts to back it up and small holding shareholders like me wanting to learn more about the share they have a holding in. I value all opinions that are constructive. What i have found annoying are people who insult others on here and people who may have had the opinion a share may bomb and then rub it in peoples faces when it does. In opinions you won't be right all the time so rather than turn sites into a slanging match, ADVFN and sharecrazy, lets just keep this one civilized. I mean no offence by my comments on spelling, it was tongue in cheek, and this FAO share was starting to annoy me. I changed my perspective on this share, rather than get more worked up when imminent news is not imminent enough for me i have decided to sit back and wait. I am 85% sure the news will come and it will be good news and the share will rise. The other 15% does worry when talk of the share crashing to 12p with bad news but even in that case i will hold for the long term. At these levels, if i had anymore free cash left i would buy more which is why i put BUY up but seen as i have already a good share of my portfolio is CHP, and

FAO - In my own opinion i feel FAO is in the same position CHP was in a few months ago but on slightly shakier ground. Lots of potential but with risk attached of having to raise significant capital to carry on trading. They have thier AGM on Tuesday 7th March 2006 and i feel this will be upbeat as to gain the funding required to carry on. Like i said there is a risk attached but i feel this share has bottomed out and the only thing stopping the sp from rising is the uncertainty over raising the additional funding. In my own mind it is a risky buy but LOTS of potential for the amount of risk involved. I have a warm feeling about this share despite all the risk but do your own research and make your own mind up.

But i see no mention of the announcement of the Columbian Licence being delayed till 31st March. I have seen a post where it was said from CHP that, on the 19th Feb 2006, there would be an announcement within 2 weeks .. 2 weeks HAS passed but someone on here got an e-mail from Groak midweek saying the announcement was imminent ... a month is not imminent. I may as well go straight to the horses mouth and ask him myself !

You don't expect a new announcement before the 31st March 2006 ? Well i bloody well do ... on the 19th Feb 2006 they said the announcement will be within 2 weeks - still waiting. There was a post that someone. forgot who, said groak stated there will be an imminent announcement on the licence. So where do you get this idea that there will be no news till 31st March ? PS. What i said about spelling was a bit toungue in cheek hence the " hell freezing over " remark .. just that this share is starting to get on my tit, don't know why .. it just is .. maybe tomly was right about buying monday morning ?

And maybe this share is making me very edgy now ... but the word is spelled LICENCE no S in it !! It seems some of you know what you are talking about when it comes to shares but your spelling is appauling. Mind you, if CHP make the announcement that they have the "licence" before hell freezes over and the prices shoots up then i won't care what way you spell it :-)

BFC :- Jumped in at these levels - in my opinion this share has had a good enough kicking already and is set to rise. At the moment i see this share as a very good midterm investment as the future looks rosy. Good luck in your share dealings and always do your own research.

CHP :- The announcement is not yet in the bag and i can imagine waiting for South American Officials to get off thier ass and do something is a lengthy process. I don't feel the news will be today rather some time next week. I also feel this share is being held in this position for different reasons. It is not going down much as there is a good chance the agreement will be fine and what has been expected happens and it's not shooting up as the agreement is not yet in the bag and there is a small chance it won't be and i feel the shares will drop to around 12p for a while IF agreement is not granted. I have become a little frustrated by the yo-yo effect but i used it to top up at lower levels, a strategy which i hope pays off, for when the agreement is announced. In my own mind i feel, at worse, the agreement is delayed a short while for red tape and at best it is agreed early to mid next week and the share shows healthy growth starting with a jump in price, then the lemmings, then steady growth afterwards. This is all in my own mind and the wait is an annoying one, but as riskypete said, this irritating wait will be a pleasent memory in the long run. Good luck all CHPers ... hold your nerve and buy some more, if you can afford it, if there is a few day wait and it drops to 16p AGAIN. If not already in it do your own research and buy a piece of the action - you won't have as long a wait as we all have !!

This have anything to do with it ? Says it only started trading on AIM end of october 2004. Took this from D1 Oil's website .... you may find more info there >>>> www.d1plc.com D1 Oils plc ("D1 Oils" or the "Company") today announces the placing of 8,125,000 new Ordinary Shares and that application has been made for its Ordinary Shares to be admitted to the Alternative Investment Market. Trading in the shares will begin on Friday 29 October 2004. D1 Oils aims to become a global, sustainable, low cost producer of biodiesel and supplier of crude vegetable oil used in the production of biodiesel. Biodiesel is a renewable fuel which can be used as an alternative to (or a blend with) petroleum diesel, benefiting the environment through the reduction of harmful carbon emissions and airborne particulates. The Company has established operations and commercial relationships in Europe, Asia and Africa and intends to expand those operations on a phased basis. D1’s approach is to exploit growing global demand for biodiesel using an alternative, high yielding, vegetable oil source and has identified Jatropha Curcus (a durable, non-edible tree that can produce oil-bearing seeds over a 30 year life span) as its chosen feedstock. The Company's strategy is to control and manage its operations on a regional basis by securing rights to Jatropha plantations and establishing local refineries using its own refinery technology. Any surplus oil wil