Drilling for oil/gas in S Asia 2008 could be year for increased production.




http://www.salamander-energy.com/

http://www.youtube.com/watch?v=X-fKudXAjMQ&feature=related

sorry to tease you chubby, having just see SMDR collapsing, but you were obviously concentrating too hard on the inside of ceo pa's inner thigh than the company info she was passing you ...... no fun finding one has a stinker on one's hands when it was meant to be a pot of gold - genuine commiserations to all who have got hit

Shit Happens, baldy well oversold now. Buy, buy,buy

Operational update on Bang Nouan-1 Exploration Well
"Salamander Energy plc, the Asia focussed independent oil and gas exploration and production company, announces that the Bang Nouan-1 exploration well in the Savannakhet PSC, Lao PDR has been plugged and abandoned."

One good reason to follow your own research & investment strategy rather than following blatant ramping. I seem to remember the word 'Guaranteed' being used.

Gutted!

Bye Bye Bye

Clubby takes it in his stride. Loose change for me. You Crossdresser would maybe top yourself.

Clubbysorry matenobody likes a dry hole!

loose change it isn't, but good to see you take it on the chin wie ein echter mensch

Cynic 10% down on a duster no problem, wait until the big strike.

Clubbyoil is high riskffs look at BPyou now thatits a punters betI prefer being a Bookmaker8% is a let off it wont be 8% for Salmander.my only ever investment is fto.and that has stalled at the lights!

I'm pleased with my 3.5 on the spreads now....not so pleased with my shares .....

SMDR will not end today down 10%

Hope Im wrongbut I think it willor worse?

Based on what

Based on a massive set-back.listen
On the bright sideas you are an investor it is just a paper loss that could be worth a 10 a share next year?.a trader has done his nuts+tax+com..how sadlol

A guess then Tabby. Not a massive set back, three dusters in a row would have seen off many, but not SMDR in fact after the previous two dusters the stock actually rose as will be the case over the next few weeks.

That would be greatI just prefer less risk

Most stocks are down today Tabby,even your beloved BLNX. Game is down over 6% with no news, so SMDR down 10% on duster with the FTSE down 51 points is no problem.

Dont put blnx in the same bracket as this stockthey are at present taking an organised hit as I posted before the startnext tues/wed will see an end of thisthats my hunch?