does anyone know anything about these guys?,there has been some buying and (a lot)of selling .i am trying to find something really really cheap to speculate without the fear of losing much if the worst happened.

thanks.
dexter.

Now having to pay 0.0050 I WAS BUYING LAST WEEK AT 0.0044p

Some information about SEFTON RESOURCES which I have researched and found what I consider a little GEM.......but please do your own research and see if you think the same way as I do.


Sefton own the Tapia Canyon oil field in California which contains 11 million barrels of Heavy Oil .Primary production has seen the extraction of more than 1 million barrels, also 4 million barrels can be lifted using the SAGD (steam assisted gravity drainage )a technology which Sefton own. When oil was only US21 dollers per barrel this was worth to Sefton a gross 16 million.Now that oil has more than doubled in price this must now be worth over 32 million.

This company must be worth a fortune and the shares are totally undervalued at 0.0045p a very large re-rating must be imenent.This is only part of the companies oil Fields, and when you add in all the other parts of the company with the oil price now more than US46 dollers per barrel and rising, could hit US100 dollers per barrel by Christmas. I would think the share price must be worth nearer to 5p plus . They were floated back in the year 2000 at 5p per share. This company is a little unknown gem waiting to be discovered. Do some research, things will change towards the end of August when their 6-months results are due to be announced---------------HOW CAN THEY BE ANYTHING ELSE BUT TREMENDOUS. Sefton also owns a canadian company and are in the process of buying another company in eastern Kansas involved in coalbed methane gas production, another money making company in the making for SEFTON - news of the new company will be announced end of August.
They did have some trouble about 3 years ago with a well blow out plus bush fires which closed three wells, but this is now all behind them and the stock market has failed so far to take all their better news into consideration, especially the oil price increase and oil shortage world wide, it want be long before a big correction in the share price will result.The share price was marked down due to their problems from 5p.......the problems now do not exist so why cant they go back up to 5p.
.

I agree - there has been a lot more action around this share over the last 10 days.

So.

Results out and losses widen!

What now?



Sefton Resources H1 net loss 423,432 usd vs 242,617 usd
AFX


LONDON (AFX)- Sefton Resources INC six months to June 30

Sales - 281,197 usd vs 326,449

Net loss - 423,432 usd vs 242,617 usd

Basic loss per share - 0.0005 pence vs 0.0007

ec/ak



Where is all the capital spoken about earlier?

Who sold out their 10 million shares this morning?

Not saying they don't have protential, but nothing doing this year.

Only goes to show how risky this type of stock can be.


In this case, for me this is and always has been one to avoid.

There are too many 'Jam Tomorrow' shares.

Should make for interesting reading...

http://www.seftonresources.com/assets/forest_city_basin.asp

http://www.moneyam.com/action/news/showArticle?id=557714

http://moneyam.uk-wire.com/cgi-bin/articles/200412150700264127G.html

Who's still in ???

Continued 'dottom draw' purchases being tucked away...

Possible re-rating coming sometime - anyone got any news???

If a they are re-rated what sort of price would you expect?

how can there be soo many buys in the last month and the price goes down???

Having exp. of the drilling industry, I understand somewhat the task at hand for these guys... A couple of years ago, they had problems with a blow out and 'bush fires' but are now restarting activities...

This time round, they are pumping enough oil to fund the cash outflow and they have told the market that they expect 200 BPD by year end...

Their website says 800 BPD is attainable... Aside from this, they have rights to other wells which makes them worth a small fortune now that drilling tech and oil prices have improved making extraction worthwhile...

Unlike many, they have the resources, just a case of extracting it...

As far as how far can it go... They came to the market around 6p...

All things being equal, once things are sorted and thay move onto extracting more resources, I see no real reason why it can't return near to or exceed that...

It's nice to see that I'm not the only one who has been tucking them away...

DYOR obviously...

Here is a another link to aid your research...

http://www.oilbarrel.com/datasheets/datasheet.html?sym=SER.ISE

I like the sound of Sefton, they seem to have good foundations and the share price does seem too low.

Obviously DYOR but I'm going to tuck a few of these away for the future.

Anyone else feel the same?

Sefton appears to have some good things going for it...

Tip-sheet or a re-rating could help this one...

Certainly worth tucking away I think...

DYOR...

dexter,
Do you hold ser?
wilbs

Hi wilbs,
No i don`t hold as yet, but i looked into them quite a bit last year. They look a good bet to keep an eye on, the thing that puts me off at the moment is the spread, when i first looked at them there was no volume to speak of, but in recent months there has been a fair amount of activity in comparison.

Where do you use to find new co`s. coming to AIM.
Dexter

dexter,
I have had a brief look and like you I was put off by the spread. Shares mag and investors chronicle quote new companies joining Aim, they get their info from Digital Look but I cat find anything on their website. London Stock Exchange is the best that I know of.



http://www.digitallook.com




http://www.londonstockexchange.com/en-gb/pricesnews/prices/newissues.htm

Hope its some help dexter
wilbs

I hold now. Not much in value but quite a bit in volume. 2005 looks like a big year for Sefton, i guess it could be make or break, but i'm happy to put these away for a few years.

Yet more speculators adding slowly to the pot...

More add whilst others loose patience...

Got in this morning although the spread is massive the price i paid went through as a sell. I wanted to buy more but the price kept jumping up, something strange going on perhaps!!

Dexter

Are you in on this as they are to announce there drilling results apparently between the 1st and 15th March looks encouraging IMHO.