EnCore Oil PLC

;-)

i hear this is a very interesting prospect but have not done anything about it - yet

Nice tick up today, 41.5p
cyril

i bought in at 20p just over a month ago so i'm quite pleased

Only quite?
cyril

here's some unpublished news for you guys .....

Encore Oil have just done a placing and a couple of brokers have come up with very bullish notes on it suggesting it could be worth double the current share price.

not my research but from a solid source

http://www.investegate.co.uk/Article.aspx?id=200712201659544393K
http://www.investegate.co.uk/Article.aspx?id=200712201136583753K

cyril

Well here's the reason for all the activity,our 50% partner STAR has been taken over.
http://investegate.co.uk/Article.aspx?id=200712201421284098K
I wonder if they have their eyes on EO.
cyril

i knew about that placing the other day.....it just gave the share price a base thats all.

as for brokers, well they aint much use or else they neednt have to work if they were that good

yip, more than doubled my money in just over a month......if it doubles again then that means my money has quadrupled.....nae bad i suppose!

i don't disagree with what you say about brokers, but their ruminations affect the share price ..... more to the point , they buy or sell for their funds or clients accordingly

Appreciate your input Cynic, am wavering on selling now or hanging on to see what happens. I bought a ridiculously small holding of these at 15p that it is not worth me selling part to cover costs - this co was my first foray into the world of shares.

Morning 'gb'. If this was your first foray into shares, well done indeed !!

Like you I am looking to realise the profits, but feel there is still some mileage here.

Festive greetings to one and all.

Agree with Darradev,a lot of mileage yet. If someone,s was happy buy out Star it can only give a big thumbs up to EO. .
Scot it would have been nice if you'd shared that info with us?
cyril

i don't think the news of a placing would have made me buy .... would it you?

Mr B .... i concur with Darradev - i think there is still plenty of upside ..... once (if?) sp reaches say 55 then consider again, but even at that point there could easily be more fuel in the tank ...... however a trailing stop might then be prudent

?

;-)

;-0

off she blows!

Yes, she's broken 50p.
cyril

Have to admit I bottled this at 28p as was taking a beating else where but Its nice to see so many people do well for a change. It Keeps the spirits up for 2008.

I haven't looked at the charts yet but following this in December i would be cautious if she goes to much higher too quickly baring in mind the EON / Gazprom Gas Storage joint venture. Definately Agree with the trailing stop suggestion