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

very hard to buy....max amount of 2000 for normal spread... ended up with a shed load at .55.... so now they can go through the roof :+)

How much is a shed load if you don't mind me asking?

2,251,387......(12,000) fingers crossed !!

Nice one!

Sorry to sound like a plank here but what is MM short for? Nice to see a rise today by the way. I'm in profit already after only a week.

Rhino - MM = Market Makers, glad to see your in profit, me too however been in this share for many moons, before I even discovered Moneyam for that matter.

Explosive - I hesitated - I lost!!!!

Tizzamark1 - Just backtracked a few pages to see exactly what you meant by "I hesitated - I lost!!".... Don't be too hard on yourself I have been in on these for years, can remember when the price was .65 which I personaly think we'll return to then run on.... If you have money to put to sleep for a long termer then SER is still an attractive buy. Also highly likely a small fall will occur as is the norm with this share.... Good luck what ever you decide..

Explosive - cheers, I have a small amount of cash burning a hole so will continue to watch and hopefully take the plunge tomorrow if price prevails. Well done to those who have profited so far and good luck all.

No probs Tizz - I am currently looking for a oil & gas or miner to further my portfolio with. Whats the attraction to SER then for you?

this ones made up for my other oils falling today,goo,eme,mrp,txo,mxp,the total of these is about same as ser be interesting to see where they stand in a year.buys at .5 and aboVe should keep the presure under ser,are the seller going to moVe in if bid hits .5 100% for lucky few.bought a few aeL today seem to be doing good things down under.

I think the people who average 0.25p-0.30p could be taken out in about 2 days at the moment, even if every single one of them decided to sell out with 100% profit!

I now hold 2.5 million at average 0.34p, dont tell master rsi because i am
a amateur who has not a clue according to him ;-))

Snapped up 500k at 0.4p just 3 days ago on a dip.

mjr.

Just to point out that i will be top slicing at some point today although
it's nothing negative but i'm top heavy in these and want to play safe
and reduce the size of my holding and bank a good profit.

ravey davy gravy

You do not have to tell anybody the amount, of shares you own
but You can tell everybody you did put your big mouth on GTL and made a "fool" of yourself, not once but a dozen times.

Just like yesterday talking about the spread on SER

Shame on you, something went to you head on the wrong way "boy"

And you are not a man, because you were wrong and on top trying to "jig " on me

fool come on dozens,

You are right i dont have to name my trades but in this stock i have
and if it annoys you i will do it again.......i hold 2.5 mil at 0.34p Rsi :-))

I watch your ghastly pump and dump thread on advfn, the "we'll only
mention the ones that are going up but go quiet when they start to drop
and never mention them again"

Next time there's a moneyam competition please find the time to enter
and we'll see just how good you are before you call me a amateur again !

ravey davy gravy

YOU are a fool alright not answering the GTL business, ignoring your big mistakes, only counting one good luck time.

YOU are not only a "FOOL" but "BIG MOUTH" aswell

Sorry to go on but I must tell the truth..........

That is what happen 3 weeks ago at the thread "trades" and the "fool" can't forget GTL was 2.43p and yesterday went to 3.35p, that is only 3 weeks ago .

Master RSI - 05 Feb 2006 18:51 - 7 of 44
This is my selection for the "UPS" this week GTL

GTL price 2.43p
Biggest ever volume of 50M some 17 times the usual
Broke 2p last Friday what was resistance since last September, the chart is looking very bullish now as on a couple days will do a Golden Cross
Construction work on its new ethanol plant in the US is on track to start in the Q4 of 2006 on production for 50 mln gallon a year company is investigating the potential expansion of that site to 100 mln gallon
Ethanol stocks have been rising since the mention of the word "ethanol" at Union speech by President Bush

ravey davy gravy - 05 Feb 2006 19:41 - 8 of 44
Be careful with Gtl resources.

Looks like a pump and dump from that lovely advfn bb.

55 mil market cap for a company that hopes to start production of methanol
by the end of 2007 not 2006, 2 years away and you only have to look at the
ups and downs of Biofules to see that the price is already far too high on future
events so dont chase it because you will get hung.

Gentlemen please,

I'm sure you are both fine upstanding individuals of the highest moral standing etc etc, but perhaps discretion would be the better part of valour and therefore could I ask that you slang each other off elsewhere and we keep messages on the thread to constructive issues to do with SER.

Ever grateful, Many thanks

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