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Heritage Oil, now on the main market near you ! (HOIL)     

required field - 04 Apr 2008 22:45

Another newcomer to the main market...anybody any idea what the production figures are ?

goldfinger - 22 Mar 2011 09:37 - 412 of 593

Who cares about a bid.

The stock is way undervalued.

cynic - 22 Mar 2011 09:40 - 413 of 593

never buy on rumours of a t/o ..... they are often false, and it is also far from uncommon for a tabled bid to fall apart during process

HARRYCAT - 22 Mar 2011 09:40 - 414 of 593

The earlier comment from a broker sums it up, imo:
"The reason for the fall is that a 170km gas pipeline would need to be built to transport the gas which could cost around $1bn. Also production is not expected until 2015. But chiefly it is because the market wanted oil and it got gas."
So why is it undervalued and why is it a possible t/o target?

cynic - 22 Mar 2011 09:45 - 415 of 593

because nuclear power programmes will now been delayed while the fallout (sorry about that!) from the japanese experience is digested and new safety precautions devised and implemented ...... that implies that gas will be in greater demand as it's simple and clean ..... it also happens that the HOIL gas field is massive, and the market, though often or even usually right, seems to have missed the point

goldfinger - 22 Mar 2011 10:14 - 416 of 593

Buyers coming back in now. NICE

goldfinger - 22 Mar 2011 10:42 - 417 of 593

Intraday reversal. Blue on IG Index now.

TANKER - 22 Mar 2011 12:20 - 418 of 593

gold they have on several accasions given out the same info on other companys nothing come of these . look at sainsbury they have had several bids but still no one has bid . my self i think it is still a good to hold thiis share

goldfinger - 22 Mar 2011 13:07 - 419 of 593

??????????????????????????????????????????????????????????????????????????

TANKER - 22 Mar 2011 08:07 - 397 of 418
back to 270p soon be aware......... ends.

Are u sure your not wanting to try to load up on the cheap ????????????????????

TANKER - 22 Mar 2011 13:22 - 420 of 593

yes i would love too

goldfinger - 22 Mar 2011 13:29 - 421 of 593

So you are admitting that you have tried a ramp here then?.

Dont forget the FSA are getting really tough on this now. Advfn have had a marked increase in court orders i read going back to those oilys where de-rampers were at play.

Any way Ive filtered you. I dont mind the next man talking a stock down or shorting it as long as hes genuine in what hes doing and he can provide back up, but you have done neither and your last 2 posts are what should be avoided by all posters.

TANKER - 22 Mar 2011 13:41 - 422 of 593

i have not ramped i just said yes i would like to get them at 270p and do not think that a bid is coming . my thoughts

TANKER - 22 Mar 2011 13:43 - 423 of 593

ifr you do not like to think it could fall as well as rise then dont buy shares

TANKER - 22 Mar 2011 13:44 - 424 of 593

more buys than sells and down

goldfinger - 22 Mar 2011 14:50 - 425 of 593

He he. 3 posts in very quick succession. Cant see what ur saying bud your filtered, but obviously your rattled. The mark of a man whos frightened.

Wouldnt want it to get out that your a full legit ramper would we LOL. Make no wonder cyners kicked your ass this morning.

goldfinger - 22 Mar 2011 16:01 - 426 of 593

Nice to see this back in the blue again. As per broker note from yesterday I fully agree its way undervalued.

cynic - 22 Mar 2011 16:02 - 427 of 593

Mr T ..... you speak like a politician ...... you effectively say sell but a while later, when sp is clearly not on the slide, you suddenly opine that you are happy to hold .... make your mind up sonny!

niceonecyril - 23 Mar 2011 00:20 - 428 of 593

Shell seem to think Iraqi gas is significant ...


Iraq to review Shell gas deal next week
Baghdad: 1 hour and 40 minutes ago

The Iraqi cabinet's energy committee has asked the oil ministry to review the economics of a $12 billion natural gas joint venture with Shell and Mitsubishi, the oil minister said.

The ministry plans to report its findings next week. "Next week we will have a meeting to present a clearer vision of the economics of the contract," minister Abdul-Kareem Luaibi told a news conference on Tuesday.

The deal with Shell and Mitsubishi is intended to allow Iraq to use some of the 700 million cubic feet of natural gas it flares each day to fuel urgently needed domestic electricity generation.

Shell chief executive Peter Voser said last week the oil firm hoped the deal would be approved soon, while acknowledging that progress had been "slower than we anticipated".

Iraq is in the early stages of opening up its oil and gas industry to international firms in the hopes of rapidly expanding production, now barely above levels achieved under international sanctions before the overthrow of dictator Saddam Hussein in 2003-Reuters

goldfinger - 23 Mar 2011 00:36 - 429 of 593

Excelent post again Cyril, keep em coming.

TANKER - 23 Mar 2011 10:32 - 430 of 593

cynic i have not said it is not a good share to hold . i have said that if there was a bid in the pipe line they would not be still around 300p .if gold is to thick to understand that then he should not trade

TANKER - 23 Mar 2011 10:34 - 431 of 593

and do not forget a lot of holders sell end of tax year 5th april i sell quite a lot and take my 20k so markets will not be that good till 6th
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