Member Info for Johnnytaffia

I've been looking at the cash raises over the past 12 months.... an extre 180M sahres issued.... on a bad day that looks like about 25% of the company given away for a few million quid. Think I'll go with KMR!

Having witnessed BLVN from the sidelines, it is worth watching GKP (eased a little) RKH, CHAR and COV.... which one will implode first or... which one will sustain SP.

Oillees? take a look at BLVN,,, unless LSE ticker is on the wonk something very unpleasant has happened to the SP. Was BLVN masquerading as a souffle?

Will think about KMR on Friday!

I googled Kenmare Scandals to see if KMR court case came up. Got more than i bargained for *lol* Best not follow the links if easily offended!

KMR ISA - able!

Steady there!... talk like that will attract atttention from the PMG asylum *lol*

Oillee news (old oillee news) courtesy of Bonus (FPM) http://www.investorschronicle.co.uk/2012/02/24/shares/news-and-analysis/the-oil-and-gas-wells-to-watch-Onkox5M4wFLu1Jbvxp3TDO/article.html

Been looking at KMR in more detail... which by my standards ain't that detailed. Revenues up 89% end of last year .... but if I read the investors presentation correctly they are carrying something like $350million debt! Hmmm... guess that's what happens when you are investing in increasing production. At least demand for Titanium is outstripping global supply!...... down 2p on the day.... will see how this plats out for a few more days

Ahhh CNE gossip! We can expect an update from the Cyprus round of awarding exploration blocks Spain and Albania rare asleep We should be close to news on the thrid drill off Sri lanak (thats CI but we still have 22.25% stake) I think most of 2012 might be taken up with data analysis in GL.... they might not be too keen to drill given last two years of dusters? maybe some more analysis required beofre sticking a pin in the Eath's crust? We should expect some cracking results from CI we still hold 22.25% I need to re-visit the RNS Did we sell 40% of our holding in CI or 40% of CI? never was good at maths and comprehension

Yup, haven't played with real money for a while. Made some bad decisions with T20's on CNR and BEM and now hold more than I had intended. CNR at a modest loss but I'm not worried about that one. BEM is more of a concern at the moment. I've held back from KMR as they have eased somewhat. I may get a better entry later in the day/week. Plenty of time to sit at the sidelines and watch for a while longer.

For some reason and I can't remember why, SOLO has AVOID stamped all over it. Maybe I'm confused with somethinge else.... maybe I should do some research? Ahh well ... Mr Market opens tomorrow and I have almost convinced myself to buy some KMR... tempted to go for more than £1K (check out the big spender.... however, £1K to me is not chickenfeed... might be to some .... bit not for me and is a significant &% of disposable income...emphasis on disposable *lol*). I think if I do go all in which is considerably more than £1K I'll have to set myself some ruthless conditions... first sign of SP dropping --- I'll have to cut and run. Could AMER be the one that gets away....will I get tempted by jonah-Jibbos suggestion of MXP *lol* .. no offence m8! you know I'm kidding! I think the Jonah- tag is mine and I'm in no danger of losing it.... unless Mogo starts banging on about ATC again *lol*

Today's plan - looking forward to Monday will be to buy a stake in KMR.... I'm also going to keep an eye on SXX and if KMR remains stable may go for another stab at SXX at the end of March to try to catch the wave of rumour before the JORC upgrade. I'm sitting on a decent rise at SXX so can afford to absorb a modest loss back down to 15p before alarm bells started to ring. Bear in mind, to date, the CNE divi is just me paying myself some of my own investment! - the fact I am 20% down on 2011 makes me cautious. To think this time last year I was 30% up!!! I think I have to accept that I have missed the boat on the oillees.... at least KMR produces and has revenue stream as opposed to cash burner!

The SP when CNE consolidated was 292p ...or thereabouts.

*tcccoch* BLVN on the up! RRR - I think the common wisdom is always to have a 5 year period in mind when investing in equities....unless your're a bad ass glass chewing hard boiled day trader *lol*

What was that post about COV, I wrote a few days back! seems I can pick 'em but don't have the cojones to back up my hunches.... ....now the lesson here is having had a couple of good picks....there is bound to be a stinker around the corner....and knowing my luck that'll be the one I choose to back with hard cash. Goddam COV ..... up from 130p since early Jan when CNE stated they were looking at COV to JV East Med operations. Current rise is diddly to do with CNE. .... right off to BLVN to see how much money I could've made

Inferred not indicated?

Well, my 2011 VPF is a car crash..... only stock behaving itself is RDSB..... if you recall I had TSCO and dumped it for KMR! Whilst I like the idea of possibly multibagging RRR from 3p upwards, I am of the opinion that KMR offers less risk.

RRR - on the plus side I can understand the revenue from Colombia and the IO exploration in Greenland - especially if there is the potential for DSO - Mary River re-visited. I don't think 1.25M oz's Au is enough to get excited about - especially as it is only indicated? Okay, so leaching a tailings deposit will earn a few quid? Struggle to really get to grips with Mt Ida They do seem to be Jack of all Trades but Master of None. When I compare to KMR....well, there is no comparison RRR is high risk and the floor does seem to be 2.75-3.00 despite the flurry of cash raises for equity going on. I'll probably draw lots - that'll help me decide!

Nope, not invested in RL. I will allow myself a £1K investment ... but only 1 ... no point seeing it all getting eaten away by trading fees. Way I see it, I have often stated I will go for RRR. But, blind optimism in BEM is tempting as £1K at 15p per share would average down significantly which, assumming it recovers, would increase my recovery rate at a lower break even point. That said, I have always been scornful of topping up to average down - throwing good money after bad if you don't know what you are doing. That describes me ...and I don't feel i have the ability to trade successfully and until i recover by RL PF value I ain't risking cash on trading. Looking at the VPF, both AMER and KMR are tempting.... should I back my VPF pick with hard cash....KMR looks the better option as it is a producer whereas AMER is busy drilling away and looking to announce estimated resource upgrade. AGQ doing well ... lonmg may it continue!