.

No problem with that, i recently tipped Cellcast here at 2.75p offer and it's currently 5.25-6p but has been 7.25p bid.

I have tipped Sin at 5.25p mid, Dcd at 7.5p mid and Spmg at 3.5p offer.

You are welcome to monitor them and even deramp them if you wish.

The point i'm making is PapelPower has been ramping this for some 5 years, infact
i cannot recall him not ramping it and all it has done is disappoint and burn many millions of pounds.

LOL - I think he has the record as the very best liar, and the most hated pump and dumper on AFN !!

Errrr.. AST has never been 50p ever in its life on the market.

I was in at 7p, it went to 35p, down to 2p, back to 11p, down to 4p and now at 5.5p.

Lots and lots of trading profits in there :) !!


50p ?????? liar liar pants are on fire...... hahaha


ravey davy gravy - 21 Feb 2010 13:46 - 344 of 346

I'd be wary about going long in this one, bad track record and proselenes has been ramping this a long time under his old name papelpower from prices well over 50p and still continues, he's not got the best track record as a penny tipster unlike myself.

Careful, one more abusive post and you will be reported PapelPower.

You can call me whatever you like on advfn but i wont tolerate it over here.

You have blatantly lied.

AST has never been 50p. How do you think people will react when you lie like this ?

Do you deny you have lied when you claimed "over 50p".... ?

I've checked the chart and indeed it has been over 30p and not 50p, i keep mixing it up with Aex that you are always pushing.

Nonetheless i have copied your slanderous posts you have just made Papelpower

can we please stick to the subject at hand and not resort to trading personal insults.

Ian

So lets get this straight.

In your post, you are abusive against me, based on your lie that AST has been over 50p.

So after being abusive and telling a lie, you now claim you are hard done by, by my answer to you, and me pointing you you lied in your post ?

Stop being silly. I am now adding you to my "SQUELCH" list.

Please note people. I am filtering this person and will no longer read, or answer any post they may make.

Yes, well said Ian.

I will now Squelch that poster.

Thanks Ian.

Just for the record.

"Proselenes - 22 Feb 2010 13:10 - 348 of 353
LOL - I think he has the record as the very best liar, and the most hated pump and dumper on AFN !!"

If anyone else wants to know how to filter a user, so you never read their posts again.

Click on the link below and then put their name in, and squelch them.

http://www.moneyam.com/InvestorsRoom/squelch.php


.

ravy davy - for the record - I don't ramp, neither do I de-ramp. I am an investor and I have an intense dislike for people who spoil threads either by posting childish, personal abuse or by using them for a personal ego trip. If you aren't invested in AST and only interested in stalking other posters then please keep away.

LG.

Seeing as you made your post extremely personal and abusive i will continue to post here, strange how you have not made any comment about PP's slanderous comments then ?

I will not be bullied from anybody.

childish!!

Just like Advfn, if you dare to post in a cautious manner you get personal attacks from other posts, i'm bearish on Ast because of their poor track record, others are bullish, i dont need to read personal abuse just because i'm not ramping a stock to the high heavens, if you want to dish out abuse go back to advfn.

For the record, I received the following private message from our friend ravy davy gravey:

"I will not tolerate any abuse from anybody anymore on these sites, the
reason Ian posted is because i asked him to, you have a choice, you either
stop the abuse or i take things further."

This was my response"

"ROFLMAO

You are an idiot of the first order and an egotistical one at that. Quite frankly, I don't give a damn what you do and I find your threats pathetic.
You came on to the AST thread stalking Proselenes and started making pompous claims about your prowess as a share picker - as if anyone cares!
Like all bullies - cyber or otherwise - as soon as you are challenged you start to issue meaningless threats.
You are clearly unable to understand your own language as you seem to think think I have abused you in some way. Can I suggest that you read my posts again and then tell me where the abuse is?
You are a very sad man indeed."

I have sent this to IanT to ask him to get this monkey off my back! I am sure that you don't need any help from me, Proselenes, but I do object / despair when a good bulletin board thread is trashed by an idiot.

I have posted once - If I need to intervene on any side again, that intervention will take the form of removal of access to these bulletin boards.

Ian

LG - just "squelch" that person, I have. You do not even see their name again, they totally disappear.

Back to AST, we have results of PEN-101 and also Fontana-1 in the weeks ahead, and looking forward to them both with interest.

Can buy 500,000 online at mid price so looks like another overhang.

Finished with a tick up, finally.

With regards to PEN-101 and Fontana-1, it should be PEN-101 being the earlier result, perhaps next week, with Fontana-1 being first week of March, all being well.

Interesting news last week. The share in the drilling company was never valued as anything by the market, so I fully agree with them to monetise the asset, far better money in the bank than having an asset the market does not care for, whilst also retaining the benefits for some time to come.

Also interesting is that the Ascent director took 800K sterling of Ascent stock. A rather large director buy, hidden in that news.

He must be confident going forward to take stock in place of cash !!

The news :

http://www.investegate.co.uk/Article.aspx?id=201002220700254474H

Ascent Resources PLC
Disposes of interest in Peraz
RNS Number : 4474H
Ascent Resources PLC
22 February 2010


Ascent Resources plc, the AIM-traded oil and gas exploration and production company, has agreed to sell a 45% interest in Italian drilling contractor Perazzoli Drilling srl ('Perazzoli') for a cash consideration of €1.85 million. The Company's original interest was purchased to provide priority access, and ensure optimal contract terms for drilling services. These advantages will be retained through a five year service alliance with Perazzoli, which provides for a 30% discount on €10 million of drilling services to Ascent and first call on uncommitted drilling units. Perazzoli owns three drilling units including a state-of-the-art HH-200 unit which provides low environmental impact drilling capability.

The Company's original 22.5% interest in Perazzoli was held through its 50% owned subsidiary, Ascent Drilling Limited ('Ascent Drilling'), which was owned jointly with Ascent Director Mr Malcolm Groom. To facilitate the transaction, Ascent agreed to purchase Mr Groom's 50% interest in Ascent Drilling and therefore a further 22.5% interest in Perazzoli by placing to him, 15,529,981 Ascent shares, providing Ascent with a 45% interest in Perazzoli. These shares, when issued, will be priced at 5.105p each representing a 9% discount to the 15 day average trading price preceding 26 January 2010, which is the pricing mechanism used for Ascent's Equity Line of Credit with GEM Global Yield Fund.

Jeremy Eng Ascent's Managing Director said, "The sale of our interest in Perazzoli, whilst retaining the benefits that the ownership of a minority interest brought, is an excellent outcome for Ascent. Perazzoli is aiming to expand its operations and will therefore require additional funding which, given the intensive work programmes being conducted on our portfolio of oil and gas assets, would I believe, not be the best use of our shareholders' funds.

"This transaction allows us to retain access to Perazzoli's drilling equipment with attractive discounts on its services and provides additional funds for use in developing our projects. Furthermore, we were pleased that Mr Groom has demonstrated his sustained confidence in Ascent, having agreed to sell his interest in Ascent Drilling in an all share agreement."

As Malcolm Groom is a Director of Ascent, the purchase of his share of Ascent Drilling is a related party transaction. The Board of Directors of Ascent, with the exception of Malcolm Groom, having consulted with the Company's Nominated Adviser, Astaire Securities Plc, consider the terms of the transaction to be fair and reasonable insofar as the Company's shareholders are concerned.

The purchase of Mr Groom's 50% interest in Ascent Drilling is conditional on the relevant resolutions being duly passed by Shareholders at an Extraordinary General Meeting, scheduled for 12 March 2010 to authorise the transaction. Following completion, Mr Groom will be interested in 17,527,686 shares of Ascent representing 3.40% of the total issued shares.

In the most recently published audited financial statements of the Company, being for the year ended 31 December 2008, Ascent reported a share of profit from Perazzoli of 88,000. At that time the carrying value of the Company's investment was 1.3 million. As disclosed in the Notes to the Financial Statements and the Accounting Policies of the Company, both values reflect a 45% interest in the investment.

Ascent is proposing to convene an Extraordinary General Meeting to, inter alia, approve the purchase of Mr Groom's 50% interest in Ascent Drilling on 12 March 2010 at 11.00am at the offices of Sprecher Grier Halberstam LLP, 5th Floor, One America Square, Crosswall, London EC3N 2SG.

The circular convening the Extraordinary General Meeting will be sent to Shareholders shortly, and a copy will be available on the Company's website www.ascentresources.co.uk.

* * ENDS * *