Member Info for riskypete

The iterim results are out on thursday. Lets hope we are not in for another hammering.

The risk of the mg6 not going to market although small must be taken into account. With the shortage of funds the sp will be dire if mg6 does not work. If it does work, which is most likly the rewards will be huge. I still wont put in any money that I cant afford to lose. Anyone care to estimate the sp in a years time. I think even if we have £200 million sales the market will teke some time to reach the true value. My bold prediction £1.50 in 1 year, £3 to £4 in 2 years. I could be totally wrong, but thats the way I see it.

around 90p will do nicely, Ill just put my spending spree on hold for a while.

No one can accuratley predict what will happen till they drill.

no hardman has profit 2008 £4,057,000 multiply by 12 divide by shares = 12.4p approx

Thats not millions it thousands sp 2008 =12.4p

I am sure I am wrong, I just cant see how. Even using forcast profit 4057 million gives me an sp of £124

Sorry not profit,earnings.

hardman is predicting chaco profits 2008 £6886 million. multiply by 12 for Mkt Cap divide by number of shares I get £186. I am sure I have gone wrong some where. Can anyone explain why thats not right?

Hardman update explains the rise in chaco as quality will tell in the end. Also says progress on sevral front and expect news sooner rather than latter.

Being a bit thick skinned, once I decide to buy a share it takes a lot to knock my confidence. one hundred and twenty two million nine hundred and five thousand nine hundred and fifty two sold in one sale does it. Its a very brave, or very stupid man who buys after that. The real shock is there has bean no sales at all today. I will hold as I have under £1000 in here anway.

Not me, I usually only buy for medium to long term. If I belive the fundementals of the company are good. I have a few short term stocks wich seam to be turning into long term. HML springs to mind. What does thrade euro, till 15/9/06 mean

I dont know why its gone up today, but I reckon there was a lot of short time oppertunists bouhgt in before the columbian license. They must surley have all sold by now, causing the large dip to 10p. Maybe we will see the sp stabalise shortly. At what price it will stabalise is anyones guess. 50p would be a nice surprise.

I nearly sold half my holding for 14p after the report. With the intention of picking it up again around 12p. Lucky I didnt. Just goes to show I can never predict short term movments.

With 4 wells being drilled by april this share is certainly worth holding. It may fall back in the mean time, but that wont bother me. I will hold for 2 to 3 years. Let the good times roll.

THe results are released tommorow, expected to be very good. I would buy if I had spare cash

The anual report is available on chaco website

CEO did very strong interview links an advfn. He says the company is doing very well, people dont uderstand what we are doing and there will be lots of good news soon. News on yahhoo about new cancer therapy.

Todays 20% rise is all very nice but hardly important as it will easily fall back again. Hiwever it can not be much longer before they sell the land. Wich will result in a sharp sp increase. Only to fall back again till they buy a company. Then the good times will really come. Be patient and this could be a nice little earner.

Nice to see some one else is seeing the potential. I will be keeping mine till the MG6 is realeased on the market next year. Nearly 25% of my portfolia is cenes.