Gold Oil has just been floated on Aim and is involved in the exploration for oil in the Americas. The company has just signed an agreement with PetroPeru for exploration in the north of the country and also they have signed a memorandum of understanding with MAN Ferrostaal of Essen, Germany for the evaluation and feasibility study for a more than 200 mln stg petrochemical plant to be constructed in northern Peru.

Following the release of this news AFX commented that brokers believe this could potentially be huge for Gold Oil.

what price are you in at- disappointing decline from highs but looking for progression in 05.

I purchased at 5.25p a while back & I can see its going to be a long while before I see any profit.

cheaper than me -but speculative buy expect price to be volatile until development progresses.

trying not to look at this stock- down down down

It would help if they actually said something. Not even a web site.

Perhaps a sleeping beauty might be more apt.

try www.goldoilplc.com- remain hold med/long term. have spoken to company stated development/analysis takes time so looking at spring summer for news.

they also suggested looking to get major company involved around this time but no news as yet?. thinking decline in price is due to lack of news to back up agreement but will take time- hopefully positive news will happen in 05/06.

spoke to co the case is to do with shares trading on berlin exchange, broker shorting market with hope of buying back cheap!! this is the reason they give hence no press release. anyone any more information on this berlin shorting?. or does the above sum it up? trying to make investors panic so perfect scenario for short seller leaving alone- hold med /long term if goo deliver they should hopefully get their dues!!

positives to talk about in 05?

am I the only goo holder?.

no, i've got some as well. seem an interesting prospect. let's see what happens!

Ive got some locked away.

Added some PCI too

Someone know something that we don't?

those who use advfn look at 928- this email response is from gary moore operations director- although unable (proceedures etc) to give specific info but has confirmed potential news. thinking of topping up!

My goodness, news has to be good. Moving faster than the little pig!

this is on its way up 8p by end of week on spec alone of statement!

not sure about that

what do we think of this on advfn- reg 'emails' from gary moore (goo)?.

I hope it is genuine, but the person who placed this email from Gary Moore on Advfn has not been on the Goo thread since, I hope it wasn't a fake email