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HOMER1234... please do not be gullible.. what do you expect the directors to tell you? That the Company is going bust? Until a week before DEB went bust a couple of months ago in a very similar situation to TCG, the Directors were adamant that the situation could have been saved. Your Directors bought shares at 20p recently? Well, they are worth half of that now. What a wonderful investment they made! Their running of this Company is abysmal. That’s why it is not going to survive. Good luck

Alamo55... well said! I agree with everything on your post. Sadly people here are delusional and have no info about the Company, market trend and current situation etc. I pity them

Hopeso... I do remember and this ship is sinking a lot faster than the Titanic! 9% today, 6% yesterday and that’s not the end of it!

Can someone please help poor Bkkkkk?

2011 - PMO 550 OIL 110 = 440 difference
2013 - PMO 330 OIL 88 = 242 difference
2018 - PMO 148 OIL 85 = 63 difference
2019 - PMO 76 OIL 65 = 11 difference

Bets on when OIL will be higher than PMO sp? We are the most pathetically undervalued share in the oil sector, the whole of London Stock Exchange and worldwide markets, FFS!!!

Bkkkkk... KNOW WAY?!?

Down 9% now to 10.9... Maybe it will recover later today. Maybe it will sink further. In any case, I have my advice to SELL overnight and those who didn’t take it are now 9% poorer than a few hours ago, all for stubbornness and pride. Even if you think TCG will turnaround, sell now and buy cheaper later. That’s if it will ever happen, which I am absolutely sure it won’t

Bkkbkk... You can call me a deramper, if you want. I call you a pathetic ramper who is trying to sell ice to the Eskimos... Get real and sell. Cut your losses before it is too late...

Surreyshark.. those rampers are delusional and hallucinating... Cut your losses and leave, before it is too late

Gareth... Please don’t say I did not warn you, when the offer won’t come...

BkkBkk... 25p? Another delusional poster...

DMcG54... so you think TCG is worth 45p a share. What kind of hallucinating drugs are you on?!? It is trading at 11p this morning and collapsing 6% a day. Share is worthless and you know it

Bradsmith... of course you don’t care about what I think. Same as I don’t give a toss about what you think. By the way. Who the f*** is Fred?!?

Thornback... Thanks. I am sure several of the positive points you raised are very valid. But PMO, ENQ and so many companies are UK companies too and their return of investment to long term holdres like me over the years has been disastrous. The MD of ENQ keeps buying more and more shares on a weekly basis, so everyone on that board is saying that ENQ will fly. It crashed from 37 a few months ago to 18 or 19 now, so it halved in price... So the fact that SXX Directors are buying shares is normal. Why should they not believe in what they are doing? But believing is one thing. Delivering is something else. Who would have thout that Brent would crash from 115$ in 2011 to 60$ now?

Dadean... Sorry, I disagree.. You say this company is bigger than PMO. How?!? You say it has 1 Billion of money been given by lenders. PMO has 2,5 Billion debt, so it borrowed severasl times more! And it is a company in existence for many many years and producing over 90,000 barrels of oil a day! What is SXX currently producing?

Thornback... Thanks for your kind post, which is a lot more than can be said for everyone else here...
Apart from Stage 2 funding (bonds etc.(, I see danger of:
1. Possible delays and therefore longer timescale to start production and achieve profits
2. Possible further share dilution.
3. Possible higher costs of the project. It is so very normal for projects like this to run at higher than estimated costs.
4. When production starts (if all funding etc. has been secured with no problem, which is far from certain), how long will it take SXX to achieve targets that it has been promising all along? People here think that once production starts, all targets will be achieved from day 1... It could take years and years, as you know.
5. No one knows the price that the material will be worth then, nor indeed how much SXX will manage to sell it for.

So, all in all. Yes, very exciting company and prospects and that's why I have taken an interest reading about it.
But also, huge risks I hope you take a punt and are prepared to lose most or all your investment, because all these fairytale stories of multibagging investment here, leave me rather perplexed. Sp at 14 tells the story and it could get much worse, before it gets (or IF) better. Yahoo Finance warned this week of a possible 40% drop of the sp to 10p.

avocet123.. you think I am a troll simply because I disagree with your ramping of this share? Then there are so many trolls, as with the sp at a pathetic 14 from 39 last year, there must be millions who like me have very serious doubts about the short and medium term outlook at least. And maybe long term too.

Chilting... Holy words... PMO and ENQ are proof that investments can and will go wrong. SXX may have a better fate. But the way everyone here is raving about it and blindly swearing by it, smacks of naivety or obtuse belief in something that is not even born, let alone grown into a successful adult business man. Good luck

So Golden Dragon has been filtered. I have been filtered and all those who dare saying anything rather than ramping this share, raving about all the little trips of boats and saying how many more times this share is worth than its current sp of 18/19. Democracy expressing our views? No. respect for others who may have different opinions to us? No. People like Romaron and others should be confined to the bin. Discussions are healthy, in particular when they bring to the table different views from the oh so biased abd blinkered statements by all of you here. If I have to count how many times I have seen thousands of ship spotting posts from MO et al, I start to laugh for the rest oif my life... ENQ like my sodding PMO are the two worst shares to hold. They bring pain, frustrations and despair to all us long term investors. Day trader may make money, if they are lucky. But us? ENQ at 18/19 and PMO at ridiculously low sp clearly show that being loyal to these shares pays no dividends at all. Pun not intended. I shall continue to hold PMO, a company a million times more advanced than ENQ, but yet suffering the same fate... Now please feel free to filter me and write a barrage of abuse and ridicule.

15Lives... you are wrong again... SXX has nothing compared to PMO, a company which has been in existence for many many years, producing well over 90,000 barrels of oil a day and the owner of huge assets like Zama, Tolmount, Sea Lion and other oil gushing fields, all of which makes PMO a one million % clearer investment than a company like SXX, some 3 years away from producing a material no one know the price of. And remember... SXX WILL ask for more money. And there will be delays. And there will be snags. It would be amazing if everything went perfectly. I would never invest in it. Good luck and goodbye