Web Site : http://www.petrolatinaenergy.com


SUMMARY of PELE as of 24th Jan 2008, please see post 190 on page 10


Link to Page 10 of posts

What the hell is going on? Is every stock about to go bust or something?

(or is it just the MM firms taking the opportunity to bleed small investors dry with the all the economic 'excuses' around).

HOLDING TIGHT (or buy the cheap shares off them if you've got the funds)

There is so much fear in the market now that all tiddlers will be marked down irrespective of prospects. I guess at it's worse, prices could drop down to where they were at the height of the credit crunch.

It is very frustrating but the key is to keep enough funds back to get back at the bottom of the companies that have potential. This has been on the cards for a long time and I guess the motto is keep calm and don't panic. There is a lot of forced selling at the moment which has little to do with small investors.

I think a lot of people are selling tidlers like this that have no chance of major upwards movement, and buying RKH, as it has very big potential for some massive moves upwards.

A case of getting money out of illiquid stuff thats going nowhere and making no money, and putting it into liquid stocks that are going places and going to make money.

Are there still gullible punters that read your posts papel power !

Sell a very good stock that is suffering and buy into another that has 6 folded
recently, that makes loads of sense, i would be selling RKH and investing in bombed
out stocks that the mm's are slashing prices.

You have never changed one bit, a big danger to new bulletin board readers :-))

RKH for zoom zoom..... or PELE for doom doom

100k Buy in Pele, dont seen many of them, guess that tells us all they look
good value.

3 v 1 this morning.

Well, looks like everyone's missed this excellent news.

Superb result from the pumps (>100% increase in output) and two new wells results to come in the coming weeks.

http://moneyam.uk-wire.com/cgi-bin/articles/201006070700161382N.html

Noticed post on a post today at MF.

http://www.bloomberg.com/apps/news?pid=20601072&sid=aeSsEhaMca0o


Seems the RZA pipeline was damaged by terrorists in late April, but PELE never informed the market of this ????

The chart is suggesting more fund raising, more dilution ahead.

Under 30p placing ? I think thats a very real potential now.

.

I've felt for some time that the MM's were desperately short of stock in this by the way on each disappointment, there was a quick mark up. Should have backed myself and got in at 38p but didn't because I was holding at slightly higher levels. It went up 10p on friday and then confirmed a placing at 38p.

Almost 25% rise today!

Another top call from Papel Power :-))

sorry, should have said 50%

I've heard on the grapevine that some massive news coming here regarding this last payzone they've encountered. Nothing new in that but the directors splashing out 5 million pond reminds me of similar at GKP around 13p. Keem them peeled here this next week or so.

I wonder if the Caza news will rub off on Pele, to raise all that money suggests they
have some good news to offer in the future as an incentive.

Hold tight.

I'm in, retraced down from 75p recently so lots of scope and have been over 350p. I agree the directors piling into fundraisings would suggest big things are coming at PELE.

no one twigged the dates yet from last report??? Time to wake up and DYR!

Kind of excites me a whole lot this share, MATD the second?

"have been over 350p"

When was that ?

have a look on III, talk the La Paloma block may have upto 300mmbbls against previously thought 50 mmbbls or in shareprice terms...

"""So assuming a very conservative valuation of 5 per barrel the 50 m equates to a value of 250m or around 2.80 share price and for 300m then this is 1.5bn or a value of 16, so very crude mental maths here but the mind boggles and the calculation is based on 89m shares in issue"""


16 a share, we can dream! Red Ferrari please.