Member Info for King999

After Tuggys comments I relooked at the share announcement and seems that the options were regarding Argos Georgia and not Argos Resources so my comments look bang out of order for which I apologise. In my defense I did pose a question as was not sure of the facts and dont have time to spend looking at this share in depth. One can only imagine my fury getting the better of me while misreading the announcement as a major dilution. One thing is clear, the shares sold by Ragg were of a small value but why sell them at all and it clearly led to further sell offs in this share, combined with the horrible Noble commentary. This co needs to find oil and hopefully when it does it will fly but as I have been saying its a calculated gamble and no more. At the current price its a very good gamble with the odds compensating the risk big time in my view. But as always only gamble with money you can afford to loose. The lower oil price which is likely to persist in the next 24 months has clearly downgraded the upside but I would like to think the oil business is rather more longterm than this. Again this is opinion not fact. As for Tuggy and his one theme ramping and inability to understand that the market has followed as per my opinions over the past three months, some might consider my reflections as having been right. certainly the share price says as much unfortunately. I just try to give honest comment even if to my detriment unlike some. I wish I had been wrong!

Does not help this share when a Director chooses to keep selling into a depressed share price - not exactly a vote of confidence!! Where on earth did he pop up from and what is his role. Secondly, while the shareholders get hammered this greedy bunch of directors awarded themselves 16 million ord shares. If I am not wrong that amounts to a gift of £1 million to the Bof D - What for????? Bunch of crooks plain and simple and equivalent to stealing 10% of the company at current valuation. How can they possibly justify this "theft" from other investors? Unbelieveable thanks to other long suffering investors greedy xxxx's. Please someone point out I have got my figures wildly wrong and have misunderstood. If this really is teh case I would like to bring a special motion to get rid of csuch a crooked board.

More ramping by Tuggy which having listened to it for the past few years is quite boring. The share price has dropped by 800% (40 to 8 = 32/40) so clearly no one is listening. To now be saying that a successful well could lead to only £1 a share is not a great return on the 30P per share I originally invested - as for criticism of the board, to date they have overseen a collapse in share price by 800% for those who got in at 40P per share. I for one fortunately have no other share like this one. Given Tuggy and his continual posturing as to his elevated knowledge, he clearly doesnt know as much as he pretends as he should never have invested in the first place, just like most of us. Incidentally while this share went southwards by 800% the market went up by 60% including dividends so compounded the loss as being (40 x 1.6 = 64 - 8 = 56 / 40 = 1400%) - Personally not my greatest moment of wealth creation, THANKS THE BOARD AND YOU CLEARLY WELL INFORMED RAMPERS - signed the dimwit who invested in the first place!!

well thank you for making me take the time to check an oil price chart - I have never particularly been interested by oil and am amazed to see the price ran at between 10 to 20$ up to 2000 when obviously OPEC must have got their act together to drive prices to as high as $140 for it only to drop again to 35 in 2009. I suspect this price fluctuation and the current depressed price are more a reflection for the drop in Argos than any drilling deal or prospects. The risk factor of a lower oil price was possibly not there when Argos raised capital but that doesnt quite stand up as the price hit $35 in 2009 pretty well at that time. So if the oil price goes back to 100 possibly one will see some price increase in Argos, though this scenario is unlikley in my own limited opinion. I actually believe a drop right now is the more likely, just praying am wrong and the world starts chugging again and uses up all the spare capacity. I apologise if you did not appreciate my comments, I am purely trying to make this forum into an informed discussion board where not just the pros constantly get rewritten which becomes frankly tiresome.

I have always siad I am sticking with this share - it is just all the needless ramping and misinfornation posted on here that annoys me. This is a gamble and NOT an investment in my view and you still cant help yourself giving a ramp to the share talking about past seismic data done 20 years ago. That event was not positive as it was done by Shell who declined to exploit the area!!! Argos have a different view which hopefully will turn out correct and initial studies reflect this - but the studies doen ten or more years ago were not a positive outcome as you like to suggest - Just get real and stop teh ramping - its tiresome. We are in the same boat and I just hope this GAMBLE turns up red and we get a bit oil hit - But this is no sure bet by any means and without being an expert I have no real idea what the odds might be so am s blind as everyone else.

so all the day traders must be feeling the 23% drop in share price over the past month after the timely and long overdue price rise from the bottoms. As everyone can imagine I have a certain smugness about this drop even though it hits me badly but frankly at the point of not caring - what happens between now and the drilling results is superfluous as far as I am concerned unless I get a heads up that the drill is running dry I will be holding on for the longterm. Its a punt and a calculated risk, but at the present price worth the risk in my view.

You rampers just cant accept that not everyone needs and sees this investment as yourselves and considers a forum as a grown up venue to discuss pros and cons of any particular share. As you guys only have rose tinted glasses to see from (clearly over invested), frankly I pay no attention what so ever to your ramblings and have found eegbvi commentaries more than appreciated as some one like myself, wishing to make an informed decision, and probably like the majority, not really knowing what goes on all those millions of miles away. The only reason I have not given up on this share is because the current price represents a massive diiscount to what the institutions hopefully paid (again I may stand corrected) but they at least have analysts and views based on far better information than anything posted on here. Its funny the rampers went quiet for aa few days but have come back in a vengeance!!!! Oh yes, I must get a life, blah blah blah but sorry to pull you away from your slot machines, I try to make investments not gambles.

I am no expert in oil prices, other than what you read in the normal press FT, Economist, etc and as the subject seems a hot topic of debate on most financial radio stations and TV as to where the oil price is going, I have nothing to add. I personally believe the US shale revolution is not going to go away and their government is commited and if necessary will support the industry, regardless of the oil price. In addition if and when Iran comes into the bosom, it will add additional oil supply. So right now Im not very bullish truth be told. Will the worlds demand grow? Not convinced by this either when interest rates are only going to go one way, up. In fact I am heavily hedged against emerging markets as we have yet to see what will happen when the US raises interest rates. So many countries are indebted that they will get murdered when they can no longer borrow cheap money to repay debt - expect a bloodbath and the IMF bailout funds are going to be busy in a few years time when this policy really bites.

It really depends on ones view of teh Falklands. It is not easy oil to extrapolate, and not sure how cost effective it is in comparison to other oil alternatives. Suspect extraction price may be similar to shale, but that is a complete guess. Plus the added Argis factor to weigh in. Must admit no idea what camme over me too invest in such a risky area, hence the massive decrease in wealth this share has created. Was brave enough at 6.5p too top up, but not sure at current levels. As you say, some on here are like recordings just constantlly telling you to do your own research and what great potentia there is - My view is it just as much a gamble today as always, and the guys who like this share are probably the same ones you will see down at the pub playing the top paying slot machines. Addicted to the adrenalin of a mindless slot machine, never understood it but guess the Falkand Isslands provides a similar high/low!!!!

33p to 5 p = needs to increase 660% to get my investment back since recovery last few weeks needs to increase 33 to 10p = 330 % increase required to get my investment back Any property co in the meantime 33 x 550% = 183.15 FTSE 100 tracker 33x 1.55 = 51.15 so yes comparing a £1000 investment in Argos goes as follows Argos = £333 FTSE 100 Tracker £1550 Property Co £5550 so yes - good job Argos, couldnt have invested in a better co!!!!!!!!!!!!!!!!!! As I reiterated, past performance is hopefully not an indicator of the future so lets all hope we strike oil rather than putting our heads down the well hole and pretending all is honkey dory, and yes Falklandinvestor and Tuggy, you are getting tiresome with your constant rampling. Partly because of this poor price performance and the market not properly accounting for the Noble deal I remain a bull and hence my buy stance (saying that I cant afford to do otherwise), but only invest in this share for the longterm as it is thinly traded and very much a gamble

If you are so happpy with the BOD how do you explain I am looking at a 250% loss on my holding even after the recent doubling in price - Yes guys, big pat on the back, only lost 60% of my investment at a time when investing in anything else would have yielded a 40% gain, or had I put the money in property shares woyld have increased 500%. So 50K would have become 250K as opposed to 22K with Argos. Yep great job....... despite which I remain a bull but reiterate, this share is a gamble and dont gamble with what you cant afford to lose.

Two of our regular contributors just ramp away the Falklands story making the value of this message board extremely limited. I wonder whether they are being paid possibly to do this or they just have such a vested interest in the Falklands story they just keep pumping away. Given they have been doing it for the past five years guess it hasnt achieved too much so far

FOGL Borders and Argos are all down 500% minimum from their peak in teh past 5 years, something I have unfortunately lived through. They still remain huge gambles despite all teh hot air from Falklands Investor and Tubby who are such rampers they just keep extolling the wonders of this stock. If one looks back over this thread there are always people trying to ramp up this stock and the Falkland Islands in general At the moment Arrgos has only been as hammered as all the other Falkland stocks so its cheapness to other stocks is relative. Just because you find a way to give away more of the potential profit, in order not to stump any additional costs doesnt make it a miracle stock. It has taken the Tech stocks 5 years to get back in bullish mode and hopefully the ssame will be true with the Falkland explorers - But the truth is very little has changed for the past four years other than a descent in shre prices. Personally I regards this as my one penny stock and definitely not for the faint hearted and despite everything remain a bull.

I like you am invested here and invested 70K so your constant refrains are tiresome at best. Being in disagreement with another poster does not require rudeness which is unnecessary. I suspect you have bet the house on this one which may explain your hunger and posts. Not sure whether it was you who managed to buy some options on the stock and if so you are already most certainly back in the money. I think thi sshare will climb back up to the 50p levels so we are to some degree on the same page, difference being I am not interested in ramping a stock to attract small arbitrage type investors trying to make a quick buck. Long term investors more than welcome

Guys, your doing a great job of ramping this share but it is getting repetitive. We are alll agreed this is a calculated gamble where to put in 2-3% of your portfolio is maybe a good bet. I stress the word bet, which is exactly what this is, no revenues to speak off and all or nothing drilling campaign in an area one of the majors gave up their license. As I have upped my stake and hold 350 000 shares I feel well placed to make a constructive appraisal.. For me this remains a gamble - very illequid market with incredibly small volumes means major manipulation but I am in for the long haul, or at least upto 50p or more. I reiterate, if institutions paid double the current price, there is mileage to go.

the shares bought over the last week equate to less than 0.75% of the co's share capital. Hardly market defining. If your worried about the price and in for the short term you should get out while you can - this current share price means nothing unless you have a share sale and need cash urgently.

spread bets - your a brave man and they must be very costly in a tiny cap like this one. Hope they ome good for you. Delilah you should think of buying some more to average down your buying cost, you must have just caught the top of the Falklands bubble. Wen this share came to market in 2010 it raised 22 million and valued the company at 67Million (Most of that balance was accounted for by management) so they too have seen a phenomenal drop in their shareholdings though Im not sure if they issued the additional 14 million shares that can be issued in teh first ten years as options. One thing that does concern me reading the original prospectus is that it talks about 1. Drilling in 2011/12 (ok will be 5 years late) and 2. 25 Nov 2015 License renewal date. What does this mean and can the license be cancelled failing certain parameters - is this perhaps why the share has barely reacted?? No expert so please fill me in. On thing is clear, 5 years ago private investors and institutions were prepared to stomp up 22 million pounds for a 33% stake with 17 mill of the proceeds earmarked for 3D seismic surveys. As far as I know, these have looked positive, so other than the time delay, why would the market cap have quartered? To me this suggests upside unless in 2010 everyone was riding a bubble and invested in an entity that was never remotely worth the 40 off million at which the previous shares were valued after the operation. No doubt management must have had a glow on their faces after the capital raising. Yes the investment for most institutions is peanuts, and in most cases probably buying on behalf of individual clients. If anyone knows anything about the InNstitutions invested please say - are they pension funds, trusts. etc?

Only buyers for this stock yet it has hardly moved, Weeded out almost all of the small guys who dont have the patience to await the upside, slightly kicking myself I didnt buy more but dont want to end up overinvested either. Still think given what the insitutions paid for their investments and what has transpired this stock should have doubled. But hey I am in for the longhaul and my eventual pension.....

Falklandinvestor clearly had too much to drink on a Sunday night!!! No idea what you are blabbering on about. Will take your postings with a pinch of salt. In the meantime since the 5th of May virtually every trade has been a buy yet the price has failed to budge. Maybe time to keep buying!! Given I would be buying at a 1/3 of my original price maybe not such a bad option, and at a fraction of the Institutional Investor prices.

So now I have doubled my holding the past few days to reduce my average cost of trade and I can post something positive rather than reality checks which are getting all you rampers upset. No idea with all the buys why the share just sticks lower and may yet buy more. However, I reiterate, this is a long term gamble, and represents a relatively minor distraction for me. My worry is that some others of you have bet the house on this one!! Nice if it comes home but highly risky. Anyway, I believe that like all these tiny stocks the share price is irrevalent. With a long term view I am happy to get in at a fraction of the price an institution originally paid as that is the only one that really matters, not the whims of tiny investors. I would estimate most institutions are pretty pleased with what the board has done so far and do not have any complaints so this really is a bargain basement price. May take the long view, but if it does come good this could be a goldmine. Alternatively one loses everything - buyer beware, and here for all you gambling addicts: Reach out for support. Call a trusted family member, meet a friend for coffee, or go to a Gamblers Anonymous meeting. Do something else. Distract yourself with another activity, such as cleaning your house, going to the gym, or watching a movie. Postpone gambling. Tell yourself that you’ll wait five minutes, fifteen minutes, or an hour—however long you think you can hold out. As you wait, the urge to gamble may pass or become weak enough to resist. Give yourself a reality check. Visualize what will happen if you give in to the urge to gamble. Think about how you’ll feel after all your money is gone and you’ve disappointed yourself and your family again. Avoid isolation. If you gamble to socialize or be around other people, try healthier ways to build a social network. Volunteer, connect with old friends, make new friends. Hope that is helpful but as I say, I think the odds of 50% on this one warrant the multiplied payback which hopefully make it a calculated risk