Member Info for Shurething

Price up, electronic sells kick in. (which can be ignored). They might be worth a small punt, as they are rising above rock bottom.

Stop losses probably kicking in, a drop followed by a recovery I anticipate.

Why the move? - first: Ni prices up late Dec/ early Jan, second: an anticipated over-reaction to reduced demand in China (China after all is still growing), third: Chinese directors (always have good contacts), fourth: they are so cheap for what they (could) have, fifth: ther Ni juniors have more than doubled in the last week - e.g. Albidon. It is probably the Ni more than the other metals that makes ZZL exciting!

Up this a.m. - now 0.6 sell and 0.8 buy. At least they are moving in the right way by small amounts.

Oilexco is dual listed - London and Toronto. Oilexco UK is not listed but is a wholly-owned? subsidiary of Oilexco. That is what is suggested by their website. Therefore, Oilexco is not going under, they are liquidating their subsidiary and will continue to trade after that. However, there is always the possibility they may announce delisting - on either or both markets.

Could be 'cos of this: LONDON, 30 December 2008: Monterrico is pleased to announce Peruvian Government approval of its principal shareholder's request to acquire an additional buffer zone around the eight core mining concessions of the Rio Blanco Project. The additional area comprises 27 mining concessions totalling 21,794.69 hectares located in the Provinces of Huancabamba and Ayabaca, Department of Piura, in northern Peru. The eight core concessions around Rio Blanco total 6473.15 hectares and together with the additional areas, represent a total of 28267.84 hectares in contiguous mining concessions around Rio Blanco in Piura.

A few people have hoovered these up today.

I guess these may be 0.5/ 0.8 by the end of trading today. Reason:- they were upgraded to that early on today, then fell back but have been rising since. A not unusual feature of the electronic share world!

This announcement does not seem to have been shared on LSE: 'EBTM, the online retailer and wholesaler of music-inspired fashion, has sold its Lowlife accessories brand to Plus Brands. EBTM said the sale is part of a restructuring of its wholesale business, and calculates the reduction in overhead will save it around £600,000. EBTM will receive a cash consideration of £200,000 from the sale. Plus Brands will also pay an additional 20 per cent of global sales of the Lowlife brand in excess of £500,000 in 2009, up to a cap of £100,000. EBTM, which purchased the Lowlife brand as part of its acquisition of Lowlife Corporation in May 2007, will retain exclusive distribution rights for the brand in the UK. EBTM chief executive Richard Breeden said: "The sale of this non core asset strengthens our balance sheet and will allow us to invest further in the online side of the business which, despite the broader retail market conditions, is experiencing record sales conversions." '

Nearly right! However, there are a lot of nervous investors out there, so they will probably slip back from this level unless there is some firm good news.

At this rate they could be 50% up on the day.

Flagged at 48p. This company is underpriced and could be a target for snapping up by another company/ private equity group.

TSX update for Oilexco. Last: Change: Volume: 10:02 AM ET 0.265 -0.625 (-70.22%) 14,012,074 December 31, 2008

The problem with today is the half day trading in the UK. Not sure about TSX trading hours today.

I guess 23/24!

And 'UPS'!

I know there is a BYG as well by the way!

COC ... If ever there was a good EPIC code then it is this one. Should we be in short or long? I am sure this will stimulate a lot of lighthearted banter (if there is anyone lighthearted out there?)!

This price is being driven up by the broker/s, not by ramping. I have no idea why though.

Don't think anybody (other than the company seniors) knows. That's the reason for the fall. Yes, exploration activities are exclusively in the North Sea (according to the company). However, Oilexco are registered also on the Toronto exchange. They are or intend to be a serious player, and they will not be without accounting expertise. However, it could be a case of management trying to preserve their well-paid careers. The difference between a six-figure salary and 'nowt' is quite an incentive to stay on. This is what many near-bust companies in the exploration sector are doing at present. Tickover time!