Member Info for Revelator

http://www.investegate.co.uk/Article.aspx?id=201009130700055328S Buy up to 1.6p.

http://www.investegate.co.uk/Article.aspx?id=201005250750404768M Buy up to 1.6p, is my recommendation.

With bad corporate communication, but I've added more today as the price is settling (not to say it won't spike, or go lower), and I realised the co still has this: ''In December 2007, a resource statement based on existing Office National des Mines (“ONM”) data, verified and compiled into the Company’s block model, was received by Maghreb from Wardell Armstrong International. It reports an audited Inferred Mineral Resource estimate for Gite de l’Est at a 1% lead and zinc (“Pb+Zn”) cut off grade of 8.836 million tonnes (Mt) grading combined 3.16% zinc and lead: 2.17% zinc, 0.99% lead, 5.06% CaF2 and 21.66% BaSO4. At a 2% Pb + Zn cut off grade, the Inferred Mineral Resource is 5.172 Mt grading 4.40% combined zinc and lead: 3.15% zinc. 1.25% lead, 6.42% CaF2 and 27.76% BaSO4, prepared in accordance with JORC (2004) reporting standards. The in situ value of this mineral resource at the 1% Pb+Zn cut off grade is estimated to exceed US$925 million at December 2007 prices: Zn US$1.06/lb, Pb US$1.19/lb, BaSO4 US$85/t, CaF2 US$200/t.''

Whilst the CEO hasn't helped with the placing, this had become overbought during the goldrush and, relative to other stocks of a similar standing, is back to more of a fair price. Anyone buying at 9p or more was taking a short term gamble, imo.

I'm not sure it'll be in a rush to move up tho. - £7m of warrants at 12.5p, firstly. - Seems the real action is at least a quarter or more away. - Bit disappointed that £5m raised turned to £4.3 net of fees, which will be being sold into the market. - Placing at 10p so some profit will be being taken, esp as the majority of shares are in public hands. My target entry is towards 9p. Deffo a good share long term tho. Come back in 2 years and I imagine it will be worth more than it is now.

But I wouldn't buy at these prices. 3.4/3.6 did me nicely ;)

Actually play a role here - I'm not sure he does?

Very interesting indeed.

And why is a US stock on the board?

Good spot, looks like a buy.

the oilbarrell article? I've not had a chance to read it.

The director buys in the summer got me interested too http://www.investegate.co.uk/Article.aspx?id=201007201211416169P

And could also influence the price...not sure when that completes.

Possible, for sure, but in all honesty I really don't know. I always thought 5 as the shares were placed at that price. News isn't due till second half of this month, so it should keep going till then - maybe 6 or 7? - tho not necessarily in a straight line. Just don't get greedy - oil/gas shares are a very risky play - take TRP as an example - 2p->4.5p earlier in the year...bad news, and down to 1p. My investment here is profits from elsewhere that I'm happy to either take a loss on or see multiply significantly.

http://www.investegate.co.uk/Article.aspx?id=201010210700087424U Seems the second drill is more of an established area than the first, but still focussed on viability, which may or may not occur. Good luck on your investment - as per my post below, should rise to results and if those results are good 5p entry will give you a good profit. However be aware that if the results are duff 5p entry will probably leave you in loss. The share was suspended as effectively the company changed business - it was a cash shell of an old leisure co and then became an oil investing co.

Thanks. Nice to see a good rise today. But remember the golden rule of oil/gas. It can rise up to 100% to results, but fall or rise even more depending on them. This is a risk/reward play for me - I'm happy to take the gain or the loss. Those not should consider selling in advance of results (expected towards end of the month) and banking a good profit.

of £150....? At any rate, I think this has further to rise than to fall. Placing of £1m at 1.25 recently underpins it.

Amazed how ignored this board is. I bought at 3.43 and am seeing a very nice profit grow.

Just popped in to say if McKeown is on board you're probably right, and I wish I had free cash to invest right now. NGP has him on board and that had and is having a very good rise.

And therein lies the secret of this share. I've had two good profits here, but be warned it can be as hard to sell as it is to buy at times. In fact I'd describe this as the most fickle small cap miner I've ever been involved in, in terms of price movements. There is drilling going on, but no eta for news. It's very much a risk/reward call.