Member Info for Ojay

Victor - bullseye - what a genius! Looks like you've really identified the weak spot here!

Guess I will have to sell my 12.5mio shares immediately. Based on your information I may even be too late. Spilling those shares onto the market would probably not be very beneficial to the sp - but who cares, as long as you're right.

Agree SBB1: He's just a nuisance - difficult to ignore at times - but certainly does not deserve attention.

You talkin' to me B/H? I had 7,000 shares when the sp hit 2.10. Held on - which is why I'm still around.
Time and again is appears you want to challenge your investment strategy against mine. I wish you would stop with that because I am way ahead - and I mean WAY ahead. Even now that the sp is 8.5p - so don't try to challenge my strategy against yours. I'll take mine anytime.

As far as I - as a LTH - am concerned I consider the "hold" recommendation to have been the only recs with rationale; anyone who would have recommended to sell and buy back at 8p (which interestingly enough did not happen) would have been considered a hazardeur at best.

Judging every post as if it were a short term prediction is a result of the mental inflexibility of short term investors - one they just can't shake.

One of those many things we've all learned from B/H.

Double digits are within reach. We will see them rest assured. I prefer to leave it up to the short termers to make useless forecasts.

Thanks Yoghurt - that's what I wanted to say with my post @11.53 - only in O&G jargon.

As SL and WH are not amateur dart board operations but rather drilling operations based on years of data collection locations carefully selected by O&G pros I would agree with Mr. P. that chances are ultimately closer to 50/50. And as D1inger mentioned recently, investing $6mio (or was it $8mio?) on a deep drill operation which gives you a measly 20% COS would be hazardous. I believe MB knows - but may not say - that the chances are far better.
In addition, the high quality of information which respective decisions have been based on has convinced the BoD to grant respective drill approvals - as this is not something the CEO decides on his own.

Finally I am certain that even if SL is not a "gusher" the information gained on the way down to TD will be of great value to PM's further operations.

To your (and my) success!

*meant to say: "If it were a goat": clearly, I would probably also agree if I myself were a goat - I'm sure would be glad to receive that type of support.

I would genuinely agree if were a goat.

the 52-week SP low was (for a very short period) sub 6p (Sept 2017) due to a one-drill cancellation and other bad news which made PIs wonder whether PM could actually get its act together anytime soon - and considering the fact that 4 drills this year and another 2 early next year are not only scheduled but also fully funded I can hardly believe that investors are not piling in to get an incredibly attractive and life changing shot at the most promising on shore oil exploration company that currently exists. What's holding them back?

Savvy investors have understood that this is the investment of a lifetime. Looks like the typical short term AIM investors (who still seem to be the main influencers concerning SPs on this exchange) are geared towards making the quick buck. What a shame - I hope they will kick their butts once this SP takes off.

To your (and my) success.

VerbierDave: I was hoping your "feeling" would'nt be on target today. I'm sure you feel the same. But yes, your feeling did not deceive you.

This may be your last chance to secure your petty few %-profits or minimize your investment risk. Throw out all of your PM shares - and I mean all!

Signing off for now. GL and take care.

*Meant to say: "when you sell at the wrong time".

F/R: You only "lose" money when you sell. That appears to be an alien concept for short term traders.

I think I'll close my eyes now; and when I open them again MB will be standing in front of me - soaked in oil.

Watch out - there are people out there who could actually believe you. Don't want you to get into trouble!

-4.57% looks worse than it actually is. Yesterday's trading day actually ended with a SP of 9.15p (not 9.3p) as the Ask/Bid levels were at 9p vs. 9.3p (see yesterday's share trade sheet).

Nevertheless we all hate to see those red numbers. Having had to endure so many downturns and single digit SPs for the last 18 months it's finally to be time for double digit SP numbers (wouldn't mind 3 digits either!).

To your (and my) success!

W/C: What did you expect? Red carpet treatment? Stop whining and contribute something that adds value to this board!

Yes MissM: The longer it takes PM to communicate a status the more nervous all investors get when it comes to where we stand with the first drill (snow leopard).

Having said that we don't know how tight the information flow is held; i.e. PM may have made sure that no drill progress information is disclosed in order to prevent an uncontrolled impact to the market. I don't know how PM could do this but they may actually have been successful keeping a lid on respective information. Personally, I have the feeling that neither positive nor negative information has been leaked. A real leak would've sent the SP much higher or much lower. The (modest) share price rise is - from my POV - not a result of an information leak.

Once again we investors are damned to wait and see. Kick up your heels and enjoy the ride which - ultimately - will take us much higher than we are now.

Tony: You could be right - but as I said: Don't be too strict with the "youngsters".