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.

Hi Chaps

I should have waited, bought in a few days ago at 8.0p. Long term hold though. Willfagg, you following me about? LOL

PTH

well as long as its awinning streak, then im right behind you.lets hope its good luck....just bought CYC if you want to follow me

Sorry Willfagg, I can't get excited by CYC. I'll wait until they have more clients. I know it may be too late by then, but I prefer CFP.

Regards

PTH

Sorry willfagg away today. But today was the day, there will be a lot of toing and froing, but you'll be in profit soon. Might a be a good in and out share if you have any free deals!?

Dear pth I continue to follow , am also in CFP. may the force be with you.

pth/107606. Gents have to say CYC has performed the better of the two since buying in. Is this just a lull before the storm on GOO? Whats the next news we can expect?

I am sure that some point GOO will have its day, but there is no definte point for info as far as I know. They are doing what they need to do. As I have always said there will be a lot of movement on this one, just look at PET. And as far as waiting for news goes, look at PCI. They have been floating around 16p to 17p for ages waiting for something. I'm still waiting also for PET to do its thing, then I can put my fingers in some other pies (ASC, GOO, SPS). Did you see AEN this week? Nice rise, got out too early due to cashflow probs. Goddamn it.

gone quiet anyone heard anything.Quietness on small shares usually equals drifting....downwards. IMO

Anyone know why its drifting further down?

further downwards drift and they seem friendless. Anyone have any idea why?

looks as if share price has peaked on initial news of agreement with government. expect retreat from this price/high as analysis will take time although had info that gold oil is looking to incorporate major player to assist with this project. I think like most buyers this share is high risk but buying for the potential med/long term.

Talk of Berlin shorting !

oil sector in general having bad run over last 6 weeks, peak in price at 55 dollars pb now trading around 40 dpb, although up on year. decline could be buying opportunity looking at sterling energy- any thoughts. holding gold oil med/long term.

Nothing much seems to have been happening here recently although interestingly two very large delayed buys have gone through today. Anybody got any ideas?

Sorry wildboy but have looked in the usual places but have come up with nothing. I wonder what the protected trades are buys or sells?

what price are you in at- disappointing decline from highs but looking for progression in 05.

I purchased at 5.25p a while back & I can see its going to be a long while before I see any profit.

cheaper than me -but speculative buy expect price to be volatile until development progresses.

trying not to look at this stock- down down down