Anyone know why everyone seems to be selling?

does anyone have more info on australia project. this could be large.

good news -35p soon.

Hey Lizard , have you got the Spudhead crystal ball ?!!

i don't believe i am in the same league as spudhead as far as talking crap goes.

Wow. Skyrockets goin off all over the resources sector. I'm not actually onboard this one, hanging on to some others tho!
Good luck to all who have these.

What else you got beasties ?

beasties- do you have goo?.

Pretty much everything else; VOG CHP JKX EME UEN AIMR APP CEY CSH EDR FOGL FQM GFM GOO JKX KMR SBE TAG TNZ UEN. And that's just the stocks that are currently goin mental. Got a lot more that might do the same in the future.
Owt to do wid resources really. Timing of buys correctly is the really tricky bit!!

NEWS OUT VERY VERY SOON... SOONER THAN YOU THINK.. SO SOON IN FACT I AM LOOKING AT MY WATCH RIGHT NOW

i can't wait..... :+)

i can't wait..... :+)

Raises 1M in Placing of New Shares


Meridian, the oil & gas exploration and production company with key assets in
the USA and Australia, following the announcement on 17 February, today
announces the successful completion of an institutional placing of new Ordinary
Shares in the Company.

Westhouse Securities LLP has placed 7,171,426 new Ordinary Shares at a price of
14p per new Ordinary Share with institutional investors, raising approximately
1.0 million before costs.

The funds raised will be used to acquire additional properties and to complete
the work programme on Orion and Calvin, as well as other existing properties.

Application will be made for the new Ordinary Shares to be admitted to AIM and
dealings are expected to commence on 27 February 2006. Following the placing,
the number of Ordinary Shares in issue will be 71,264,619.

Tony Mason, Chief Executive of Meridian Petroleum, said:

'I am delighted with the success of the placing and the continued support of our
shareholders. The funds raised will enable us to complete a number of near term
projects, including our recent substantial gas show on the Calvin Field,
generating significant additional revenue and cashflow.'

We've all seen this so many times . why does it keep getting posted on here ?

spudhead - no news today then, price dropped all day

well its up aint it ;-), hey master, when you going back into TFC mate, you r thread is still going over at a d v f n

are we day traders or serious investors - long term mrp is what i bought into.

an institution is dumping at the moment, we are going through the RAB effect again, there is another talk of another placing of shares, hey I dont mind, if we keep getting good news, suprised we didnt get the news today, maybe its being held back for the morning, or maybe the goods didnt arrive on time, but it must be there now, so I am expecting this news to come out ;-)

onwards and upwards as they say. the company is very undervalued for a company that has found gas and is very soon to be producing, licence to start pumping must be days away now

and dont forget REVALUATION, this will put us right up there with VOG or even above it if Tony plays it right

In for the long term spudhead, mm's brought the sp down this morning, but will rise later. Waiting for the gas news and revalulation.
Have not yet decided when to go back into TFC, but will let you know.

themaster- can i suggest gold oil goo.

agree with the mrp analysis- med/long term play for me!

Lizard - was in GOO bought at 3.98 and sold 5.50 (too earily as usual), why should I get back in now?