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

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.

Apart from Emerald energy....I have never ever been able to make a profit on south american oil shares.....it's like a curse.....was in this before : fingers burnt and out at a loss.....

On my watch list...they are predicting 2000p a share in 12 months.

Unreal the way they used to manipulate this and now one buy and they start
pushing it to the moon, i see buys galore in some of my stocks and they have
refused to move their prices for weeks, this thing sees any buy and the mm's
start pushing like crazy, i like Pele but i could not risk buying now until i see
the news to justify this rise, from 47.25p offer to 84p bid in just a week or
so.

and 75p down to 47p as well!!

Your stocks may not be rising ravey as they have no interest or a stock overhang. Try chasing the hot stocks where the buyers are, eg today ANR

and 75p down to 47p as well!!

Your stocks may not be rising ravey as they have no interest or a stock overhang. Try chasing the hot stocks where the buyers are, eg today ANR

OOOPS sticky key.

Dont worry about me, just because my med/long term stocks are not moving
that i'm not making money in this latest mini boom in the oil/mining stocks, i
just dont need to ramp them everywhere like the advfn mob do.