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.

explosiVe. i agre on the steam understand that was on plan still for next year . if oil flows at this rate or beter,should haVe reVenue for new or workoVer well. feels like best time sefton haVe had for many a year .could be bagger statous next year aim tax free after 2 years holding .

cellby - the steam assisted gravity drainage is for next year however with the aquisition of Monument Resources, Sefton would have had the infrastructure in place to take advantage of its coal bed methane reserves. This resource is currently availably but not marketable without the infrastructure. Also the same infrastructure would have assisted with steam assisted gravity drainage project.

The well workover however is still on the cards as you said with this kind of revenue. I expect to see demand increase as winter hits and US reserves and heating fuel demand kick in. A nice boost for the sp, fingers crossed.

trying to workout numbers for year end to december 05 . 7months 75 bpd say 40 $ barrel 6300000$ 5month to january 1, 200 bpd at 50$ 1500000 =2130000 . assets of 38000000 in oil as december 04 should be 58 mil dec 05 . if steaming comes on in early 06 then should be 400 bpd .it will flow like melted butter ,just depend on costs how much profit we make , thats the big unknown should be able to run this co with an office in the spare bedroom . i am hoping 1.5 - 2p by june 06 be good here any Veiw .

should be 630000$ in first 7month still more than all year 04 .one more top up if i can get in below .35 then time to sit back my aVarage will be .44 if we get to 1.5 that 22k profit for me time will tell

Mmmmm my average is 0.39 so .35 or below and I'll also buy. Problem is buying volumes, last time I traded these shares 150K was the most I could buy up. Would like a open buy of a few mil then will be happy!!

down 7% 50000 max to buy , to sell 1000000 max some wants this stock dont giVe them any .50k at .35 what a jock there are 3billion of these some where.

that should read joke spelling aboVe but realy whats going on .

cellby - very intresting the buy to sell volume ratios. We could well be in for abit of demand exceeding supply and the price rising. Having said this BritishBulls.com changed today there sell recommendation to a wait, link below...

http://www.britishbulls.com/StockPage.asp?CompanyTicker=SER&MarketTicker=RESOURCES&Typ=S

.

WHY DON'T YOU COME ON HERE OR ANOTHER PUBLIC FORUM AND EXPLAIN YOUR ACTIONS??

2M BUYS V 1.35M SELLS and DOWN 10%.

BLATENT MANIPULATION.

mjr1234 - "WHY DON'T YOU COME ON HERE OR ANOTHER PUBLIC FORUM AND EXPLAIN YOUR ACTIONS??"

You talking to me or just out loud??

Agree with your last post though this share is being manipulated, happened all summer also....

Cellby - bids back 0.28 thats good enough for me to start buying up more shares. Lets hope on morning trading deals are better than the 50K two days ago that you reported..

Hi explosive,

No talking to the MM's!

all sorts of jigery and some pockery going on with this share ,tryed a limit order after close quote .4 to buy 150k . my last buy 19 sept =375k , .28 x150k would be good cheap enough to loose the fee,s ,why would people sell oils coming up better than eVer . i haVe a lot of oils this one been worst performer but seems its coming together on oil not share price.

Just obtained a quote on 250K the best price was .40 so have left it as looking for .35 or below. Also enquired about quantities and was told that 250 through 1 MM is about the limit. My broker is selftrade..

Looks like you missed your chance for today. Could get them at 0.32 this morning.

Some nice chunky buys today. Still MM's stubbonly refuse to raise the bid!

Now's your chance explosive - 0.31 on offer!

Now 0.30! Only 37.5k available mind you :(

OK I've just placed an out of hours buy at best, 338,822 shares @ .29... So if it goes through in the morning you know its mine!! :-)..... My Griffin shares are nearly at there target also so maybe if the price stays low will be able to pick up another half mil (fingers crossed) shortly.. What this share needs is some major shareholders as currently there are none... Having said that with a market cap of under 3mil without a major investor were not on anyones watch list. Does anyone have info on director holdings?

Anyone also have a forecast or prediction for sp in next 12 months, would be pleased to hear your views?