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

MJ

I just love easy money :p

666

You reckon Directors are buying as well then?

I had a dream earlier. It was Norm Thyatuk (sp) and each of the other directors also bought on consequitive days.

MJ

Not sure... I know I would be... RNS will confirm it....

One thing that crossed my mind:

Sefton came to the market with expectations and a plan of action. Though now diluted, IPO price was above 6p...

Whilst having been 'tried by fire' - the big +ve is the current future prices and increasing extraction volumes... Key factors that have come to play since their float... To my mind, they (and we) are in a better position now that at any other time...

Ultimately, the MM and bears will give way and it's % yeild at sub 0.3 prices - will make any waiting around in the interim, worthwhile....

666

Ticked up on a 300 buy. The MM's are short of stock by 4-5M after the last few days.

Where's the seller when the MM's need him? They'll have to do some ringing round soon if the buying keeps up!

Sefton Resources Inc
17 November 2005


Sefton Resources, Inc.

('Sefton or the 'Company')

Director's Shareholding

The Company was informed on 16 November 2005 that on that date Jeremy
Delmar-Morgan, a non-executive director of Sefton, acquired 4,000,000 Common
Shares in the Company at 0.27 pence per share

Following this purchase, Mr Delmar-Morgan is interested in 18,285,714 Common
Shares, representing 1.2 per cent. of the issued share capital of the Company.


Wow, my dream was right.

Will the other Directors follow suit I wonder?

Morning All,

MJ

Nice one.... Let's see what develops...

666

Well, the MMs are not giving anything away -

Online quotes 0.28/0.34 750k available both sides

Level2 2v2

MJ

Looking better...

666

lloyds haVe just phoned me mm been asking them if iwould like to sell my 2m purchased this week at .3 who,s looking for shares.

Cellby

Tell 'em yeah... @ 3p each.... lol

666

hope can hold for 3p it will be Very hard not to sell on 200% rise from here.b

What sp people getting offered to buy at?

Keep getting 0.35p offer.

Bugz, that's the price on Reuters and Bloomberg at the moment.

150k@0.35p online buy limit on my broker.

Was 750k@0.34p half an hour ago.

...

666

Why the edit?

These shares have started moving again like hot cakes. Director dealings yesterday show confidence which the city seams to have picked up on.

Yep, should be a lot stronger from now on. And hopefully they will keep these tighter spreads now they've got into the habit.

we were up and running there for a few days thought it could be a brakeout aboVe .35 nearly went back in for more could get chance at the cheaps .25 the doesnt seem to be much confidence aboVe .35 yet.