Member Info for OldsCool

Typical of my luck. ....N4P up 33% today and this is down 7.5%

After the last RNS and the rock bottom oil price I felt this was the time to top up my holding here. It was this or N4P and at least we have some certainty here in an oil find. The find seems to keep on growing in expectations and we have more prospects coming up...Fingers crossed.

Looking at the trades from yesterday there was a glitch in the system then as trades shown at wrong prices as well?

I’ve written this share off . Worst ever investment that I have made .

What on earth do 2 x 78 trades mean... ?
Is there something afoot ?

Not good news at this time on the Friday before the BIG week

Yes . Bought in yesterday at 8.6 ....I could then relax
Wished I’d bought in 3.00 pm today .

Does the Isle of Wight count as off shore ......

I wonder if the lack of a CPR is related to this raise....in a good way or j deed a bad way.
If the CPR is looking amazing then SS would want it hidden until he has got hold of all that he wants. If is bad then he will need funds....
Neither ramping nor deramping, My guess is the CPR is being delayed for a strategic reason, let's hope it's for a positive reason....

Thanks for the information. I really need some luck after the last few weeks on AIM !

Fingers crossed for a black hole !

The share price is depressing but the long term growth prospects look great to me. If you are looking to expand operations and make acquisitions along the way, you keep your values well hidden. This appears to be the company policy. Why tell the world what you are worth when you are growing. To do deals cheaply you need to be a poker player.

This will come good but it will take some time yet...I may take some more in the next few days whilst the price is so low.

From Rig Zone document after Shell left Mongolia:

As part of the deal, Shell's affiliate will pay an exit amount of $10,005,303, as stipulated by the farmout agreement, and will pay a further $5,000,000 upon completion of the reassignment. This further amount is refundable to Shell's affiliate, should CapCorp secure a partner for any of the two Blocks during the exploration period or any extension of exploration period

When everything I've bought goes teets up.. This board is like a peaceful backwater ...

I would just like to see a dated photo that gives us some idea of progress on the drill sites. Where is our money going, there seems to be scant information that conclusively proves what is going on in Mongolia.....?

And it would it seem that the lack of visas may have been tactical potentially ?

Big purchases at the end of the day...…..hmmm !

Reading Spainish's post made me think. I knew this share was a risk but also thought it worth taking a punt. I took some profit out of a developing Pharma as I thought the timings were opportune to get in before Spud. Then de-risk and go back for the Pharma results of long term tests...…..I looked at PM at 13.5p and nearly took my profit... Gut instinct was to take some out. Left it in and now feel Fecked ! I wish Spainish had posted sooner ! My fund for the new Ducati V4 is now depleted...….

Further to my earlier post, if I was Sino and was looking for a farm in I would slow the drill down and put pressure on Matad to agree on Sino Terms.....Contracts are contracts but getting money back is not easy in this part of the world. I am well into this share but do not like the uncertainty currently. Considered selling earlier today. Still holding with fingers crossed now.

Alarm bells ringing.... Not sure who has the upper hand here now. Positions being taken to start a bit of arm wrestling? Do China want in on the Mongolian oil ?

An interesting morning, but not in a good way. I am a novice at this and use gut feeling and instinct as my guide. Not the best way. I use these boards as a reference, trying to cut out the hype as well as researching as best I can.... However I sold a big tranche of my holding at 26, having bought in at 11, 20 and a small top up at 31. So what do I think of our current position.... Well, obviously glad I sold out when I did. The stock I sold out for is an equally risky venture, oil exploration in a country I have barely heard of but so far I am in profit there. So chartists views did give me some background, that I now respect more than I did, but ultimately it was my gut feeling that guided me to take some risk out of this . However, I do plan on getting back in later this year........ I will watch with interest.