Everything looking good with this company ,as always there’s a chance of another tree shake ,because on the surface this is the perfect conditions for one ,a company on the brink off success ! MM will have more fun and games with us before this is over ,but I am fully invested ,and expect great news next week! Good luck everybody!
Looks like the tree shake is over with and all people who panicked last week are now buying there shares back ! MM win no matter what happens in the market place up 11.16% now ,where will we be at close ?
Of course we must look at past performance , and all who have invested here should of done that before investing , as I did, however we must look for future opportunity Heron 75% chance of success Red deer 50% chance it dose not get any better than this, well worth the risk !
So what I cannot understand your logic ,are you saying that because a company has never found oil they never will , because if that is what you are trying to say then why would we have oil and gas exploration company’s
I do find it funny that so meany people who apparently have no interest in this share or do not hold any off these shares have spent all morning advising us to sell ! Why I wonder could it be they are looking for the right target price for them off 5p to get in ! I think so !
In my opinion this is a classic tree shake ,you can smell the fear when you read some of the posts here! On no news ,and nothing has changed people are selling there shares! You need to ask yourselves why are people now buying ! MM are shaking the tree and all the monkeys are falling out and dropping there nuts and the MM are scooping them up !
What l think people need to remember is that MM thrive on people who are worried about losing money , the whole market thrives on fear and greed,I think today was a classic tree shake ,on no news or RMN this share has fallen by 9.42% why ? I read these boards to get a feel for what might be going on, the over all feeling I get are that punters are jumpy , but without any reason !
The reason is because selling and tree shake are two different things ,tree shake is when MM try to manipulate the share price by suddenly dropping the share price putting the fear of God into people and causing stop losses to kick in then buy up the shares off punters who have been shaken out ,hope that helps!
angelaj6611- Thank you for your reply ! I would like to deal with your points one at the time ! Court case SMP withheld payment $650,000, our case has merit ,as advised by international counsel in London, Paris and the Congo we are trying to recover costs of $3.1 million well worth the effort , it is likely this will be sorted out at mediation ! There are two suitable rigs, both in the Congo with drilling slots available this year ,the company is evaluating comparable offers from these company’s before deciding which one ,and will inform the market when its ready! They have said oil flowed from the Djeno , they would not have got £5 million financing ,if these company’s were not convinced it did ! There will be no placing ! This is a wildcat shoestring operation ,on success the rewards will be massive ,not for the faint hearted ! What ever it takes this well will be drilled ! While I appreciate this investment is probably not for you ,I do find it interesting that we have read the same reports ,and have come up with to different conclusions ! All the best with your investments!
To me this is a no brainier, 75% chance of success ,the people who are afraid of losing there money should not be investing in oil and gas exploration company’s ! They do not have the nerve for it , posts office investment for you !