Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Sadly I have invested and held my shares for the past 4 years or so. What I have never understood is that on the very few occasions, we received outstanding news in a RNS, after an initial small spike, the share price would still fall, almost on a daily basis. Even after the "discovery" and possible "JV" news, just down down down. To me, this stinks and those in the know have been making money along the way. A lot more will be come out of this if investigations ever take place. So sorry for those who have lost heavily!
Just to confirm, we are not AIM. I'm amazed at how many people think we are!
Exciting day
Of course Art has played his part but even other shares in financial trouble go up and down. We are making progress yet even after RNS with good news, nothing, down down down, this isn't normal by any means
Another 10% down today, remember the spike of 60p after suspension? And now 60p, 40p, 36p, 32p, 22p, 16p...........5p, 4p, 3p, 2p, 1.4p - Sitting on billions of oil....Every single investor, me included had every right to believe they were/are investing into a company potentially going places. Now look at what the market has done/is doing, stinks!
Yes another great start to the day, well done! Unbelievable, or is it?
Seriously WTF is going on ART, I have continually invested for the last 3 years, you discover billions of £££ of oil yet literally every single day the price gets lower and lower and lower. Why??? Never seen anything like it - On paper looks like an incredible investment but something ain't right here - hope all is revealed in due course and pray that it takes off but just baffled by it all :(
I can honestly say I don't think I will ever invest in shares again. I watch day after day the value drop, drop, drop with little reason. Despite all the amazing news and oil discoveries, progress with improvements and production, why has this dropped from mid 30's to 2p - I'm sorry, I don't get it even with Art's poor reputation, no way should this be happening.
Best wishes to all
COPL said it is the first successful Frontier 1 completion at Cole Creek since it was initially identified as a prospect in 1943.
The well, 11-27-35n-77w, is pumping 125-135 barrels daily of fluid, with gasified light oil cuts of up to 86% observed late last week, said the statement.
A well clean-up operation is continuing, said COPL, which expects to convert its Frontier 1 acreage to contingent resources and ultimately reserves as additional producing wells come online.
COPL added it had identified an "Oil Down To" elevation for Frontier 1 at Cole Creek with an area of approximately 8,000 acres.
Arthur Millholland, chief executive, noted: "The result from the Frontier 1 11-27 recompletion is a gamechanger for our company as the defined oil-bearing reservoir currently covers a large area at Cole Creek with evidence it extends further down dip on the east flank of the anticline.
“These results have also confirmed our internal evaluation of Frontier 1 after the drilling and evaluation of our 14-30 exploration well last year.“
Cole Creek is an asymmetrical anticline approximately nine miles in axial length with about 2,500 feet of structural/stratigraphic closure.
Five known conventional oil reservoirs are present at Cole Creek: Lakota, Dakota, Frontier 2, Frontier 1 and the Shannon.
COPL holds a 100% working interest in the Cole Creek Unit rights below the Shannon.
Still find it hard to believe that 88E has gone up 43.75% in 3 months with nothing, yet we have slid to around 15p (after hitting 12p) with our magnificent discovery! I do not understand this "game"!
Treefern has kicked us off with Nowhere Man - I've got my Ticket to Ride!
GLA
Me too Superman, first game at the Goldstone 1980 :)
Brighton fan Seagull?
Congrats to the BOIL holders. This is what we COPL holders are dreaming of. It can happen and hopefully will. Our share price needs to react like the BOIL/88E price when they release RNS or good news. We have released many great RNS's recently but not got the reaction we wanted - The spring continues to coil - Soon it will be let go - Boom!!
I'm not talking about the investing side I'm talking about how you are portraying yourself on here.
CALAMARI - I bet you go a football match to watch your own team, then hurl abuse at your team and the manager for 90 minutes. That's the type of person you are portraying on here. Take a chill pill, let Art do what he needs to do. If he messes it up then have a go but whilst he is trying to build an amazing future for us all, show some support and stop criticism every little thing along the way!
BWFC2008 - Do you really think we are AIM? DYOR
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