This stock looks like the most undervalued oil company on the stock exchange. >
Sefton Resources epic SER. It is currently trading at a price of 0.275p valueing the whole company at just 4M.

You might look at the market cap and assume that this company is just an explorer or a shell, but in fact Sefton is producing over 6000 barrels of oil per month with a monthly revenue of over $300k. It's recent work on it's Tapia oilfield exceeded expectations, meaning the company hit it's 200BOPD target 5 months early, and is now expecting resource and production estimates to be further upgraded. This is before it embarks on a steam-assisted programme early next year which
could see production rates multiplied 2-4 times! It is also looking at drilling further wells on the rich Tapia field in the light of the better than expected results.

So why is it only valued at 4M? The primary reason is lack of awareness of the stock, the sub-1p price puts many people off straight away, and a large overhang.

A year or so ago the company was put in financial dire straits by a
well blowout and had to undertake large discounted placings to get
itself back on track, which it has done with a vengeance. However,
some of these placing shares, which represent some 25% of the company
are being sold into the market, depressing the price so that despite the fact that the companies prospects have improved dramatically over
the past year, the price has dropped by nearly 60%.

This makes the company an absolute bargain at these rock-bottom prices. In 6 months time I expect this to be worth 3-5 times the current price. SERIOUSLY.

There is plenty of research to get your teeth into, the best place to start is the website :

www.seftonresources.com

There are 2 excellent articles on Sefton on the following website by Ian Mclelland (Jan/Feb 2006) - well worth a read to get up to speed on this company and it's prospects:

www.proactiveinvestors.com

ser has 3 billion shares at .3 giVing Value 9m pounds ,so if get to .64=19m ,1.28=38m ,1.46=49m and so on. with posible prodution in second half 06 of 400 bopd or more if we get steam start could giVe turnoVer 3.2 m pounds.then 07 400bopd to may be 800bopd in half year to december 07 turn oVer 6.4m pounds. if market 50mil 1.5p can the production and turnoVer aboVe be enough to suport share price. some of my shares will be tax free gains by end january 06 and march 07 so it worth extra 40%. any Veiws welcome.

cellby,

Ser has just under 1.5B shares not 3B!

Market cap is 4.5M at 0.30p

Although the price finished unchanged on Friday. There were important developments on Level 2 worthy of note.

All the market makers moved higher with their offer price....the stock they will sell u stock at.

At the moment it is just SEYP on the 0.36 pence.....the next offer after that now is 0.45 pence.

Re : gggw.

Had a quick glance, I just can't find any RNS's on this stock. Sorry!

Suehelens, the rns can be seen in GGG!!!!

Please see below:

ADDITIONAL RESULTS FROM SONGPANGUO

FURTHER ZONES IDENTIFIED

LONDON - 11 January 2006 - Central China Goldfields plc (AIM: GGG,
GGGW) reports additional results from recently completed aditing (tunnelling)
and trenching programme at the Songpanguo deposit ('SPG'), Baima area, in the
Snow Mountain Project, Sichuan Province of China.

Highlights:

- Assay results are reported from three underground tunnels and
eleven trenches are reported

- Results are generally higher grade compared to the work
previously reported by Sichuan Bureau of Metallurgy and Geological Exploration
('SBMGE')

- Two new zones discovered in underground tunnels including a zone
of 3 metres @ 14.54 g/t Au

- Other underground tunnelling results include: 3.0 metres @ 5.45
g/t Au, 12.0 metres @ 4.15 g/t Au and 2 metres @ 4.52 g/t Au

- Trenching results include: 1 metre @ 8.4 g/t Au and 2 metres @
2.7 g/t Au

Jeff Malaihollo, Central China Goldfields' Managing Director,
stated 'These results are very encouraging and we plan to drill and open up
more tunnels to test the down-dip continuation of the mineralisation to
increase the tonnage. We are very excited by the positive results that
continue to emerge from SPG especially now with several new zones identified.'

Geological Details:

Further Fire assay results from SPG trenches and underground
tunnels (adits) confirm comparable intersected widths and gold grades to the
original wet assay work by our partners SBMGE.

The underground tunnels provide more information and are
significantly cheaper compared to drilling. In particular, important
information regarding the structure controlling mineralisation was obtained
from these tunnels.

SPG Adits

Re-sampling of tunnel PD403 on the 3,190 metres level confirmed two
main zones of mineralisation which are: 3.0 metres @ 5.45 g/t gold and 12.0
metres @ 4.15 g/t gold. These are higher than the original wet assays of 4.2
metres @ 3.29 g/t gold and 7.44 metres @ 2.92 g/t gold.

Tunnel PD416 on the 3,240 metres level intersected a low grade zone
at 132 metres from the mouth of the tunnel, yielding results of 4 metres @
0.45 g/t gold. This compares with the original result of 0.8 metres @ 1.27 g/t
gold.

Two new zones were intersected in a crosscut CM1W driven in a
northwest direction from tunnel PD401 (whose results were announced on 12
December 2005). The first zone is 3 metres @ 14.54 g/t gold including a 1
metre interval @ 40.7 g/t gold. The zone is hosted by brecciated siltstone
with pyrite, realgar and orpiment. The second zone is 2 metres @ 4.52 g/t
gold, intersected at 5.5 metres from the main tunnel PD401.

SPG TRENCHES

Full set of results for the trenches are tabulated below. Direct
comparison often can not be made as the old trenches have been washed away or
their locations can not be accurately situated.

Trench TC 19R returned 1 metre @ 8.14 g/t gold at the start of the
trench, but no direct comparison is available.

Trench TC 94-2R, gave two 1 metre long intersections of 1.06 g/t
gold and 1.07 g/t gold. There is no comparable trench available.

Trench TC 30R yielded 1 metre @ 2.2 g/t gold which is higher grade
compared to the wet assay result of 1 metre @ 0.9 g/t gold. TC 30R also
returned another intersection of 1 metre @1.94 gold which is also higher grade
compared with original assay of 1.5 metres @ 0.6g/t gold.

On the northern side of the Snow Mountain Fault, the SPG deposit
continues on the opposite side of the valley, where Trench TC 16 intersected a
zone of 2 metres @ 2.7 g/t gold which is higher grade compared with original
assays of 2.1 metres @ 1.79 g/t gold.

SPG assay results
Location Distance Wet assay Fire assay Comments
(m from
portal)
Width (m) Au (g/t) Metregrammes Width (m) Au (g/t) Metregrammes R=resampled
(fire
assay)
ADITS
PD403 = 48 4.2 3.29 12.1 3.0 5.45 16.35 PD403R
PD403R
55 1.4 2.31 3.23
70 7.44 2.92 21.76 12.0 4.15 49.84
83 3.75 1.62 6.09 2.0 1.79 3.58
91 1.0 1.74 1.74 1.0 0.04 0.04
114 1.4 4.47 6.26 1.0 0.04 0.04
118 1.25 1.17 1.46 1.0 0.02 0.02

PD416 = 124.0 2.3 1.72 3.96 <0.01
PD416R
134.5 0.8 1.27 1.02 4 0.45 1.78 PD416R

PD401 - 5.5 2 4.52 9.04 NEW XCUT
CM1W
19.5 3 14.54 43.62

TRENCHES

TC11 = 5.5 0.32 1.76 1 1.2 1.2 TC11R
TC11-1R

TC16 = 0.6 2.1 1.79 3.77 2 2.7 5.4 TC16R
TC16R

TC19R ≠ 1 8.14 8.14 TC19R
TC19

TC 30 = 14 1 0.9 0.9 1 2.22 2.22 TC30R
TC30R
35 1.5 0.6 0.9 1 1.94 1.94
TC32 = 21 1.4 0.21 0.29 Zone VI
TC32R

TC38R = 35.5 1 1.1 1.1 1 0.93 0.83 (W→EE? TC19R41
PD 40 2. 2.06 5.36
50 1. P 3.12 5. 6. 0 0 2. 49 2. 49 38R =
TC 57 ≈ 79 1.59 7 5. 0 2. 6 9.88 TC57=
TC57=
0 1. 1.11 22 T 0 5 23
9.6

TC81R 0 2 1.82 7.28 0 1.82 7.28 TC81R
62 2.73 4.37
TC19R3501 6. 1.07 1.07 Zone III
TC1994-2R 6. 1.06 1.06 94-2R,

TC 204 6. 4 No data 6. 0.58 0.58
available

Technical information in Company announcements has been received
and approved by Chris Ford MSc. who is the Company's Exploration Manager and
is qualified as a Compent/NewsLiCponent x

I have acquired 2 million Ser shares lately when the mm's tried to
overshake the stock.

Suehelen might ramp every stock he holds in sight but this company
is actually worth a punt, problem is the spread and the games by the
mm's, one minute L2 looks great and set for a good rise then they pull
the rug away from your feet and you get hung, well that's if you are
attempting to trade this stock, you dont want to be trading it, if you
fancy a flutter then either buy it or maybe wait for some weakness then
snap some up, i dont think there's going to be many chances of buying
at 0.3-0.35p left, it's a buy and then a hold.

mjr1234 1.5 bil shares 1.5p =25m pounds on posible turnoVer 07, 6.4m pounds looks a lot better .think we could hold more than 1.5p in 07 my next target is 2.46p for june 07.

Good post ravey davy, are you the same guy who posts on advfn as Daydreamer? If so, looking forwards to seeing you on the advfn thread.

I did use to post under that handle on advfn, i dont now.

So you no longer use advfn? Any particular reason?

mjr I see that GGGw has increased by 18%

24% now - just ticked up again both sides. Did you get some jameel?

edit > 27% bid gone up again!

mjr1234, I couldnt get any as to buy warrants I have to apply via some other means.. As I'm only a small time trader begining life in the game and dealing my shares online via the Halifax... So I lost out! BUT HEY MJR HATS OFF TO YOU FOR THAT TIP! Just to say, ELP increased by 14% and then down to 12% so its not been a bad day although I did also invest in ENT which increased by 19% ... But could only get on at .28p so only benefitted by 5%.... Anyways dood! Thanks alot once again for the tip! I will deifnately be keeping my chat close to you and Sue!

MJR, any views about SER??? Ticked up again by 3%,,,, I did top up so lets home it pays off

MJR and Sue, I wonder if you notice alot of SER buys b4 end of play!!! Very interestin

jameel,

It's looking quite promising, whether it will stay up and keep going up or not in the short-term depends on whether the big seller has finished and when they get around to releasing some news.
At the moment, I am not 100% convinced that the overhang is gone, but if it stays up this week and we don't get the usual big sells cancelling out the buys then i'll be a lot more confident.
SER are expected to be updating their production chart this week, maybe tomorrow, which may show an increase. If so, this could have a positive effect.

I am expecting a trading update at month end, sp rise maybe in anticipation

MJR, thanks, I wonder whether you had time to cast your eyes over ELP! Quite interestin alot of buying on Jaguar speculation

No haven't had a chance yet, i'll add it to my stockwatch though and i'll have a look tomorrow.