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The tide is turning I feel in the fortunes and sentiment of UKOG, with 99% chance of a successful outcome tomorrow, and the Resan venture in Turkey is very exciting.
Back to a strong buy for me...good luck long termers.
https://www.ukogplc.com/vid.php?aID=427
Happy Friday
Sageman,
OT
Good luck with Alba...Kicking myself I didn`t invest in Alba as I know the region well and have actually seen the Clogau mine entrance several years ago. You can find the tailing around some of the old mine wash houses in the gold belt with traces of gold. I hope you do well with that one!
Sage,
"Train leaving the station" comment by SS isn`t an endorsement of where the company is heading, that would be gullible- However, I would of took the risk to buy more hearing that...that`s my choice and wouldn`t slate SS if it didn`t materialise into what we hoped. That`s not bad management of the company.
I think the buying up of assets from the minority partners will prove a good move...UKOG hasn`t finished with Kimmeridge yet in my opinion, they`re learning a lot from the current programme I should think, at least hope.
Why would SS depart with money to hold shares in a very risky business? Surely you or anybody would rather do this when the train is actually about to leave the station in steady company growth terms, rather than short term share price fluctuations for traders to make a few quid.
Hold your nerve, in my opinion.
Sageman,
Oil exploration, Geology and putting into commercial production are known risks without any guarantees, you and everyone knows that! I haven`t seen any "PROMISES" in any RNS`s
The only indiscretion SS has done in my eyes is to take THAT Bonus awarded to him. That was bad Judgement.