Gold Oil has just been floated on Aim and is involved in the exploration for oil in the Americas. The company has just signed an agreement with PetroPeru for exploration in the north of the country and also they have signed a memorandum of understanding with MAN Ferrostaal of Essen, Germany for the evaluation and feasibility study for a more than 200 mln stg petrochemical plant to be constructed in northern Peru.

Following the release of this news AFX commented that brokers believe this could potentially be huge for Gold Oil.

agm 11am start

AGM IS AT 11AM I BELIEVE

We know there is some GOOD NEWS at least!

i think they need to give a good presentation into why they bought this?- it doesn't look that great but why else would they have invested in this?. hopefully they are on to something promising and what about peru?. which is the main activities of the co.

THE SUSPENSE IS OVER, IT'S LOOKING GOOD !!!

Oil producing, ties with Germany over Peru, looking good for thier oil contracts.
SP should rise when market takes in the news

hope so because it is doing f all at the moment-

hopefully it's just a matter of time before logic kicks in !

BBBBBBBBBBBBBBOOOOOORRRRRRRRRRRRRRRIIIIIIIIIIIIIINNNNNNNNNNNGGGGGGGG!!

have a little snooze there Lizard, we'll give you a shout when everyone catches on to this one!

can't see this going anywhere today- hope i'm wrong.

Although up +2.94% at present, it hit +8.5% ish this morning. Plenty of scope, and time will see this one rocket yet.

what about the peru acreage- this is the co main activites and we only have news on spain acq which is of little relevance compared?.

the anti climax is over-

Someone just brought 500,000, Monday will be better

and someone has just sold 500k

And looks like someone just bought 250,000. In fact there are over 3/4 of a million in unknown transactions. A bit of mystery to add to the equation!

interesting to see what happens next?- can we move sp north before next update whenever that will be?- good though to see progression although frustratingly slow. now 'operator' status is in place we can move forward. still have no idea what the potential is in regard to peru acreage?. but goo by the sounds of it have had interest to do a jv agreement but looks like they want to go alone. perhaps they are quietly confident without revealing too much? at this stage.

I like this, very good news on it's way just some i's & t's left but it's sorted. Don't expect 6p but should be in touching distance. But how knows about SP moves ya, all you can do is deliver the goods and hope nowadays.

better volume today we have a few broker to broker trades 2x 3m.