any thoughts on this share

I think its got the potential to be a moderately big earner from the current share price. Good news recently but far too scarey for me though given its history! Also, I don't like the costs that could be incurred by rising oil prices in 2006 either.

I have this on my watchlist though. At the moment, there are better shares to invest in (lower risk, same potential), in my opinion.

Andrew, would welcome ideas on better options. As I mentioned above I am waiting (fingers crossed for 250p) to get out with my nose clean from MT.S. I can't see it ever much higher than 250p except it gets bid for, thanks for your comments. H

I don't like to advise people on what to buy/sell. People point fingers and sharp sticks if it all goes wrong! There are a lot of people who know an awful lot more than I do.

Personally, I tend to invest in companies that I have a good understanding of, usually smaller businesses. Larger complex organisations, I sometimes can't get my head around fully, so its difficult to work out what is going to affect the business finances. I don't have the time to assess every aspect of big companies.

At present, I have shares in Victoria Oil (see VOG thread) which is doing well today and I am hopeful of a good run on it for the next wee while. I also am keeping an eye on Skyepharma, which is trying to merge/sell its business and if a decent offer comes in there, it should rise. Previous speculation was of a 70p bid, but that turned out to be false rumour. If no offer comes in, it is likely to drop, perhaps to 35-40p. Currently 51p.

Thanks Andrew, I also have holdings in IMG, MDW & LOG and recently bought KGF. I sold out my Japan plays (FJV & IJD) 2 days ago on the basis that the market there was due for a turn. The market went down but these ITs still are going up. H

MT.S still looking good, up to 237.25p today and pointing upwards. Looks like an inverted head and shoulders on the chart, which seems to be indicating a target around 260p or so. Feeling more optimistic on this sector now, given the various broker/newspaper recommendations over the past month for it's competitor First Choice. H