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dusterhater I hope when you finally decide to fire your gun it dose not back fire on you !

Yes I agree Mr Buck has played this down ,in my opinion it is to manage expectation ,he and his team have done a great job of keeping us informed with regular RNS and done a great job of finding oil , I look forward to the results from the well, which will exceed expectations I think !

I can not believe the negativity on this board this morning I think some people need to read the RNS again !

matd-91 Thanks for the info .....
The most important thing is WE FOUND OIL !
And to me it sounds like in commercial Quantities !
Great news!

Watty19 where did you hear they had increased the mud weight ?

Yes I’m afraid your right ,but what do you expect we have had no news and sit here watching the share price drop ,this is one of the most boring shares I have ever owned !

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 ?

With a General Meeting on the 9th September I am expecting news before then, perhaps a spud date !

Tiptop ...... I completely agree with you and am fully loaded up with these shares !
How much do you think it will cost to drill this well ! Thanks

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

Whatever there reasons it is of no importance to me ,I am here because I believe in the board ,drilling crew and company , I believe they will find oil , and we will have news soon ! Good luck all !

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 !

I am keeping hold of my nuts ,at least until after the RNS telling me the results of the first two wells !

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 !

Sorry that should read RNS !

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!

Looks like a tree shake to me!