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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..

seawallwalker - 20 Dec 2004 15:10 - 1889 of 2700

Looks like a long drop.................

Where it goes nobody knows!

daves dazzlers - 20 Dec 2004 15:10 - 1890 of 2700

Sw i mite call it in at 34.

seawallwalker - 20 Dec 2004 15:11 - 1891 of 2700

Mmmmm. 31 and a few bits now!

seawallwalker - 20 Dec 2004 15:12 - 1892 of 2700

Bit of a distraction for you dave, I thought you only dealt in paper.

seawallwalker - 20 Dec 2004 15:14 - 1893 of 2700

Dave, it's not going to hold, sub 30 shortly.

daves dazzlers - 20 Dec 2004 15:15 - 1894 of 2700

As a rule yes,new to this side,but good fun.

seawallwalker - 20 Dec 2004 15:16 - 1895 of 2700

I'll email later, looks like someone is trying to support at 30 now!

seawallwalker - 20 Dec 2004 15:17 - 1896 of 2700

see the sprwad decreasing to 2p, that is support, will it break?

seawallwalker - 20 Dec 2004 15:17 - 1897 of 2700

Yes it will break, bid is now 29p

lizard - 20 Dec 2004 15:17 - 1898 of 2700

is a strong bounce going to happen despite negative news?very possible but difficult to find level?.- any thoughts on goo

seawallwalker - 20 Dec 2004 15:20 - 1899 of 2700

Chart looks like the floor is the limit.

seawallwalker - 20 Dec 2004 15:23 - 1900 of 2700

Cancel that, a turn upwards here.

proptrade - 20 Dec 2004 15:24 - 1901 of 2700

i am a mere spectator here and find in incredulous that the company has not directly clarified what is going on. surely they must have a definitve answer by now.

i envisage a lawsuit from disgruntled investors who sue management for grossly misleading shareholders. was it stated anwhere that the contact had been awarded to PET?

seawallwalker - 20 Dec 2004 15:24 - 1902 of 2700

Back to 30p bid dave.

Over to you.

hlyeo98 - 20 Dec 2004 15:27 - 1903 of 2700

It will reach 10p...soon

daves dazzlers - 20 Dec 2004 15:28 - 1904 of 2700

40 pence before i sell

aldwickk - 20 Dec 2004 15:43 - 1905 of 2700

Whats happen to the streaming prices just jumped from 30ish to 40's

aldwickk - 20 Dec 2004 15:45 - 1906 of 2700

It's OK i forgot i had typed in FGML LOL

seawallwalker - 20 Dec 2004 15:48 - 1907 of 2700

Dave I thought you were short?

seawallwalker - 20 Dec 2004 15:52 - 1908 of 2700

lizard - sorry not ignoring you.

SBE no real intimate knowledge, but recent news makes it probably worth a punt, but I won't be joining anyone who does.

Another of those 6 well drill programmes will make it volatile once it starts and there will be ups if they find anyhting but the downs will be really downs on dry holes. (hopefully got the right info in my head!)

Expect a 50/50 return unless they get really lucky.

All imho etc.
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