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SP is down about 20% from its recent high so IMO a good price to buy in for a future trade at 10 to 20% profit. I am wary of holding any shares VERY long term due to the unexpected occurrences around the world that are happening all the time at the mo - a very volatile roller coaster ride for all shares. I am watching the developing situation in the Arabian Gulf - Quatar backed by Iran versus Saudi backed by Egypt - Sunni versus Shia again - deja vu - the situation is like when Saddam Hussein asked the US Ambassador Hazel Glaspie if the US would object to him taking over Kuwait to seize the oil resources to pay his debts - HG said "The US has no position on Kuwait !" the rest is history. Now Saudi sees the rich gas assets of Q as a way of getting back a lot of the sovereign wealth lost by the Saudi oil war with the US fracking industry (which Saudi has lost many billions over). Q supplies 30% of the world's gas and has a massive Sovereign Wealth Fund so it is a rich target for Saudi aggression If we go to another Gulf War POG and POS should rocket ! We live in interesting times Regards all

SM - hi again - having had some stupid bets recently which lost me £10K I was glad to get into UKOG early on at 1.5p and sold about 3.8p but my remaining stake in UKOG is now down to about 3.0p So i am glad to get back into a safer share like HOC and at this low SP !! We did it before recently so I am confident we can go back up to about 320p but I will then sell again as HOC has a habit of dropping back 20% from highs - ironically quite often after a really good RNS ! One good thing is that old man HOC does not at the mo have 15 million shares to dump on the market so we may get a good run up to mid August when I think the next rundown may start - October to December seem to be dodgy months - partly lost production due to bad weather so a daily watch on the SP is needed IMO Regards and GL with your own plans It is nice to be back on a civilised BB - unlike UKOG where there is blood on the ****et daily from thousands of BB postings !!! PMO and SOU are just as bad - LOL

presently only 0.6% declared short positions with only one company - down from about 3% !! Looks good to me.

That was a quick decision today - back in HOC for £30K. Hopefully SP will be back up to 330P level again soon Regards all

Eish - At your command most noble leader - i have been counting my profits on UKOG - up 150% so far - still not too late to jump in - really big profits over next year or so - SP pulled back last 2 sessions by 10% but I think will be going up significantly from now (roller coaster) - lots of RNS coming out. I am looking at buying back in to HOC but not sure when ! Regards mate and GL with your own plans PS did you sell your Acacia shares ? Corrupt Tan govt playing hard ball and could nationalise the mines any day IMO - that is why I sold out !

Eish - UKOG SP being pushed down a bit - good time to put a few K in - lots of excellent news coming so shorters and market mafia are desperately trying to hold the SP down. Roller coaster for a couple of days but longer term very big gains on the SP IMO Regards

Eish - could not raise you Friday when I put £20K in UKOG - having learned from HUR I waited till it was 30% UP before buying - presently 40% in profit - SP rocketed 30% AM but was dragged down by market mafia - just going up again - excellent buy at 2.15P - will definitely go to at least 5P in next few weeks and can make £8 next year ! Worth a punt today I have made back £8K of losses in just two days ! I will ride the roller-coaster to 10P this time !!! Regards

Eish - I never advise people to SELL shares - just BUY a likely winner - some times it comes off big time - like £4500 profit in one day - sometimes a 10% loss - PMO (like other oilys getting hit big time this week - down 15% on the week) but I bought in cheap this week so I am holding for POO to rise again - my target SP for August for PMO is at least 70P+ I went against my instincts buying into ACA (even at a very low price) because I did not trust the corrupt Tan govt. Bad decision to go against my instincts - I lost £2K getting out but if the mines get nationalised I will not lose any more cash ! If a deal is brokered soon I can always buy back into ACA even at 330P there is still room for a 30% potential rise ! But they do say never go back to a share that has lost you big money ! Regards and GL with your own plans PS Takes a long time and a lot of cash to build a smelter and it is a big loss making machine - not enough volume to justify the expense - I think Barrick would be very wary of throwing billions more cash down the drain in Tanzania - never pay off a blackmailer - he always comes back for more !

Eish - good morning - I am following the old adage - "When you have nothing useful to say it is best to say nothing !" After losing £2K in getting out of ACA as I think it may well be taken over by the corrupt Tan govt and I would lose all my cash I have now gone back into PMO where I made £4500 profit in one day this year - a SP of 45P on a 2 to 1 P/E share price must be an excellent buy - yes POO is crashing and may go back down to $30 a barrel but by year end I expect the PMO SP to be double the present level. Looking across the sectors I think UK banks are zombie companies and not worth buying into - house builders are struggling - miners like AAL have dropped 30% - LMI now dead in the water - TLW down 58% HUR down 53% Quo Vadis Domine ? Cash is king and day trading the safest oprion on most stocks but IMO PMO is due for a big SP rise when finances are sorted out in August and the FPSO arrives to begin pumping oil out of the Catcher massive oilfield in the North Sea Very volatile markets at the mo being controlled by "dark forces" beyond our power to combat ! Regards and GL with your own plans PS - UK debt close to two trillion pounds and USA debt close to 20 trillion dollars ! The Mormons say that the second coming of the Messiah is overdue - they had hoped for his birth in the USA but they say they cannot find 3 Wise Men or a Virgin in the USA !!!

omission - ACA down 53% Regards

Worst performing companies on my watch list (I am only invested in HOC at the mo) From 12 month high: LMI down 74% TLW down 54% PMO down 51% VED down 48% ENQ down 46% EVR down 38% AAL down 32% SOU down 27% FRES down 24% KAZ down 21%GLEN down 19% HOC down 18% CEY down 15% So not too bad for HOC at the mo - Africa based companies getting hit by (Africanisation) of assets - LMI and ACA in particular. Regards all

Ionic - see BBC news and media - all calling it a TERRORIST attack - NOT a CRIMINAL attack. Ref HOC - just perusing the shareholder etc data and they are still showing VE with 24.7 million shares (4,87%) also I noticed that sales to countries have gone up 2015 to 2016 - Switzerland now up from 2.7% to 12.6% and Canada up from 12.7% to 25.6% - looking good for longer term Regards

Ionic - she said that and Mr Gove keeps saying that also - he seems to be the new proxy Prime Minister - on all the TV and Radio channels while May hides in No 10. I think she will be gone soon and hand over to Dave Davis ! Good for gold shares all this upheaval IMO Regards

No sign so far today of more dumping of millions of shares by VE - so I am hoping they will hold off or "drip feed" any sales. Mrs Yellen in the USA has really fouled up the bond market and we may well be in for another stock market crash because of her action last week on QE. logically - gold miners shares will benefit (subject to unexpected moves like VE sales) I am holding for at least 300P this time Regards all

Our useless dithering indecisive pathetic PM is opening a Pandora's Box by recklessly describing the Finsbury attack as a white terrorist attack. It is NOT a terrorist attack it is the act of a criminal mentally unbalanced man NOT part of a vast terrorist attack on Muslims. Mrs May calls a COBRA meeting as a "Linus blanket" to hide her useless leadership - what next - a COBRA meeting to discuss road traffic accidents ? Total over-reaction which will unsettle our Muslim population and may well lead to race riots ! IMOO Regards all and TY for excellent information

We should get a RNS Monday or Tuesday detailing the VE dumping of shares - the first tranche was 5 million but how many of the UT were VE sales we will not know till we get that RNS. VE has about 30 million to start and after 5 million sold they still had 25 million (5% of shares in trade) it looks like another 10 to 12 million sold and no doubt the final X million will go next week. So why the big sell off ? The following may apply: 1. VE bought the shares cheap and is now realising profit (but if so why did they not sell when SP was about 320P recently ?) 2. VE is shorting HOC and trying to crash the SP to make profits (no sign of an increased short on the definitive list) 3. VE thinks the SP will crash down towards the 2016 low of 115P ( "experts" are still forecasting rising AU and AG prices so not likely) 4. VE needs cash urgently for another project (most likely explanation IMO) Next week will may well be a roller coaster ride - anything could happen ! Regards

SM - I hope you are right - HOC SP is presently down about 20% from its 12 month high so IMO is a good buy at this level - I bought in at 260P last week and look forward to a good rise in the next two months. But who knows ? The market mafia manipulate the SM to make vast profits for themselves and we private investors are like Hansel and Gretel wandering in the haunted forest and hoping not to get "mugged and rolled" They say about New York that there is no point in robbing a bank because you get mugged and rolled before you can reach your getaway car !!! Reminds me of the 19th century Australian gold rush: When first we reached old Melbourne town such yarns as we were told Of how folks in Australia could pick up lumps of gold Some tried their luck at Bendigo and some at Fiery Creek I made a fortune in a day and spent it in a week With my swag all on my shoulder black billy in my hand I travelled the bush of Australia like a free born native man It will be great in the next few weeks if we get our own "gold rush" Regards

Looks like Ionic was right about the "Dark Pool" selling of VanEyk shares - we must be due for another RNS on Monday giving us the news. What is going on with HOC major shareholders - recently old man HOC sold 15.5 million shares now the CEO has sold 130K shares and VanEyk has dumped at least 20 million shares and possibly 25 million shares ! This smacks of insider trading which is supposed to be illegal ! The London SE looks to be as corrupt as Nigeria to me ! Regards all

The SP apparently has shot up to 270P and the SELLS figure to 15.5 million as opposed to 1.3 million BUYS - time to stop looking and cut the grass (again) Regards all - next week should be another roller coaster IMO

VE still holds about 25 million shares according to google Regards As expected the Market Mafia has once again pumped and dumped our SP to make their dinner money for the day !