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Petrol Resources 29p to 435 by mid summer (PET)     

chartist2004 - 15 Apr 2004 12:02

The tiny Irish stock on the brink of landing 'the first' post-sanction oil deal in Iraq. Ref 'Fleet Street Letter' 12-04-04..

sandrew64 - 02 Dec 2004 23:33 - 1401 of 2700

So true Eric.....as we've said many times before, none of the circumstances have changed. What's a few more days.
..a drop or two of whisky helps to calm the nerves.

willfagg - 03 Dec 2004 01:09 - 1402 of 2700

EW I have a similar position except regretably i bought at a little higher than i should have( hindsights wonderful eh)Have averaged the price down on a couple of its dips but i guess that is what gives me a slight twitch on this one, but knew it was risky.Aint waiting wonderful
Will

Tokyo - 03 Dec 2004 08:21 - 1403 of 2700

Morning all, I think we can look forward to a case of the Friday BLUES today, for those who maybe a little superstitious, I sent some more cash home to England this week, and was planning to top up with a few more PET shares, have just checked my comdirect account and the money is not there yet, for those who remember the last time I did this and the money was late arriving, PET jumped 21% on that Friday, lets hope history repeats itself again!!!!


Tokyo

dexter01 - 03 Dec 2004 08:41 - 1404 of 2700

tokyo, tokyo,tokyo,
how many more matresses have you got left intact ??!!!!!!,
dexter

Beasties - 03 Dec 2004 09:05 - 1405 of 2700

Hey guys, have you seen the carnage this am goin on over at PCI?

My @rse caved in and I'm outta there.

Tokyo - 03 Dec 2004 09:30 - 1406 of 2700

dexter01 - Hahahaha, sent part of the December salary home, but good idea I'll just rush off check the matress and smash the piggybank!!!

Beasties - Have you seen NBR is up over 50% since I started the thread last week

Beasties - 03 Dec 2004 09:48 - 1407 of 2700

Tokyo I know.
Have a few tucked away at a nice price.
Just a bit shell-shocked today. Fingers a bit sore cos I'm still in PRE, bailed out of PCI (just got back in in a small way), CUX tanked also but I'm still showing 2.5 bagger status on that one.
All in all, not a good end to the week.
Oh and TLT is sitting on the point of balance, not knowing which way to go.
Don't even get me started on PET!!
And took my Mum into hosp last night with a suspected mild stroke........

dexter01 - 03 Dec 2004 09:57 - 1408 of 2700

beasties,
take a deep breath and relax!!!!!!, PET is only going one way...UP UP and away!

Beasties - 03 Dec 2004 10:05 - 1409 of 2700

Dexter
Fingers crossed, which hurts a bit cos I'm sitting on my hands......

Tokyo - 03 Dec 2004 10:09 - 1410 of 2700

Beasties sorry to hear that pal, hope next week is a much better one for you!!
Glad to hear you are also holding NBR, as my 50+ pence prediction before Xmas is getting awfully close, I was just pipped last month in the FTSE competition by Kayak, so I'm wanting this prediction to be correct.

As for PET I know your feeling, but I'm in this one for Block 6 as well as the tenders, and as PSA's will not be awarded until next year, PET is a long term hold for me, the intraday drops as frustrating as they are really don't mean much in the long term, just take a look at RTD, people bought in over there at 7 pence(I didn't get in until 9), I am a little biased when it comes to RTD as it was the 1st real share that I made some serious money on, I have no doubt that in a couple of years we shall see RTD at around 50pence prehaps even more, just another good advertisement for holding on to your winners.

Tokyo

hampi_man - 03 Dec 2004 10:11 - 1411 of 2700

Beasties, I'm new to the stock market (and not going as I hoped) but as for the mild stroke, make sure you get her to do plenty of dexterity and co-ordination excerises with her hands, feets and even fingers.

hampi_man - 03 Dec 2004 10:11 - 1412 of 2700

feet even

Beasties - 03 Dec 2004 10:13 - 1413 of 2700

Cheers guys.

Chrispine - 03 Dec 2004 11:08 - 1414 of 2700

Crumbs.. does somebody know something we don't ... Pet have jumped up by 14% & rising..

Tokyo - 03 Dec 2004 11:10 - 1415 of 2700

your pestering them for an RNS worked

Petrel Resources PLC
03 December 2004



Petrel Resources plc



3 December 2004





Iraqi Update





Further to its announcement of 27 September 2004, the Company confirms that it
has finalised all outstanding matters on the tenders for the Hamrin and Khurmala
projects in Iraq and awaits a decision. The deadline for submission of the final
commercial offer on the Subba and Luhais project is December 15th.



Contacts:



John Teeling + 353 87 258 1178

Jim Finn + 353 86 258 1178

David Horgan + 353 87 292 3500



Bell Pottinger Corporate & Financial

Nick Lambert +44 (0) 7811 358 764

Tokyo - 03 Dec 2004 11:11 - 1416 of 2700

What did I tell you this morning, History repeating itself or What? Just off to look at what my horoscope has in store for me!!LOL

Tokyo

dexter01 - 03 Dec 2004 11:12 - 1417 of 2700

beasties,
it could make your eyes water trying to cross your fingers while sitting on them!!.
seriously though, hope all will be ok with your mum.

looks like this rns will knock the price up a fair bit( t worked again tokyo!).
dexter

willfagg - 03 Dec 2004 11:27 - 1418 of 2700

Positive news!so if they are putting in the final commercial offer Dec 15th it seems likely we will get into Jan before we get an announcent on a contract award?

willfagg - 03 Dec 2004 11:53 - 1419 of 2700

Do we know if they are the only ones who are putting in a final submission by Dec 14th? Are thery allowed to tell us? The fact that they have released some news must mean that something has changed as they wre sworn to secrecy.I wonder what else thay can say which could lighten our darkness even more.

gra1969 - 03 Dec 2004 11:59 - 1420 of 2700

Alot of people off loading early on this one now today! poss. trying to take profits and re-buy lower again.
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