Has any one noticed this this morning a lot of buying with just one sell Ttrade,any one think this could be a good punt,advice please before its too late.thanks.

up another 12% with no news.....coming good.

Great.

if there isn't any news out the s.p. will drift back down......which i dont want......

6M cash & no debt - mta easily worth more than current sp - imo will multi bag from this sp in the coming months :


RNS Number : 9386Q Matra Petroleum PLC 12 August 2010 12th August 2010 Matra Petroleum PLC ("Matra" or the "Company") Interim Results Matra Petroleum PLC, an independent oil and gas exploration and production Company with operations in Russia, today announces its results for the period ended 30 June 2010 Highlights Operational The first appraisal well in the Sokolovskoe Field, Well-13, successfully proved the presence of an oil reservoir and a short open-hole test produced light, sweet oil at a rate of approximately 110 bbl/day Permission granted to re-enter Well-12 to re-establish production Financial Cash of 6 million at period-end Zero debt Outlook Plans to bring Well-13 on production Complete the remapping and geological modelling of the Sokolovskoe field Peter Hind, Managing Director commented: "2010 is an important year for Matra. We have completed our first appraisal well in the Sokolovskoe Field, proving the presence of the same oil reservoir 2.6 km from the discovery well. The result has provided information to assist our understanding of the field and how best to take the development forward. In the coming months we hope to have both wells on production and to have completed remapping and re-evaluation of the field."

even greater!!

lol.

On the run.

not sure why......but long may it remain...

yes about 4p wold be nice. buy buy buy

it is on the move at last. we need some 500,000 buys and it should stay above 2p
news must be due wells soon????

mitzy's good for 500,000 .,.

LOTS of trades and volume of over 10 millions

I had a look a few minutes ago and it was on a negative Level 2 at the moment

2 v 4 on a spread of 1.85 / 2p

nice 1.4 mil shares buy.

very tight spread and difficut to buy on size now as they are asking for premium.
bid up to 1.90p now

I've placed an order 'fill or kill' not wanting to pay a premium just yet, any targets master?

mm s play usual silly games coming in with late buy /sells holding price down.

maxtor

re - mm s play usual silly games

is WINS allways moving into the bid, but as soon as there are a couple sells is back to offer, like now.

WINS all over the place!

Is someone just posting rumours yesterday?

Matra Petroleum. Production Alert!
on September 2, 2010 at 12:31 pm

The whispers circulating here are that A12 could be back on production by the end of the weekend or may very well have started. Remember that in my opinion Matra are a speculative buy, when production restarts they will rise significantly

Bearing in mind that Matras schedule stated the end of August i would suggest that news is imminent.

Please remember that this is a penny share and is subject to the vagaries of wild fluctuations by day-traders.

A day traders Alert for this stock was triggered here at 11.20am. Vis-a-vis a 400,000 over the counter trade.

The heat is on here.

Eyes on for all the long-suffering Matra holders.

Good news 4/5p on a positive RNS.

Daniel

Where will this end..?