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

or ill send aldwick around !

Am here already.

TheFrench,

LOL. I have an IP tracker in the thread header which lists the IP's of visitors to this thread, so I can see who you are and who your aliases are - so give up the act. You're now squelched anyway, along with your other aliases so don't bother replying to me.

Will the long awaited news arrive this week?
MT

Mickey Take
Was that a Mickey Take or is ser waiting for news.

driver - we are waiting for about 12 items of news from SER, in addition to the results in May/June.
One or more of these news items are expected to come before the results.

1. Hardman Report
2. Oilbarrel.com article
3. Production figures for Tapia on website
4. SER trading statement.
5. Update on sale of TEG Canada
6. Remapping of Tapia oil field
7. Remapping of Eureka oil field
8. Drilling/workover plans for this year
9. Update on steam-stimulation plans
10. What are they doing with the 3.0mcf of gas flow found at Tapia??
11. The start of CBM project
12. Average daily production figures now that all wells are supposedly flowing nicely
13. Update on the outcome of last week's board meetings
14. Sue CAZA Drilling Company for damages

Think SER are the ones who are taking the mickey with this wait.
MT

mjr, I knew there was a reason or 12 for holding these and my ongoing limit order!!

Will we get swept away in a sudden deluge of news? I hope not, one RNS a week would be fine methinks!

mjr1234,

How many other aliases do you have ?

aldwickk
You must admit mjr is certainly on the ball with this one.

Cheers mj.

aldwickk,

None, I only use the one name.

Driver,

That is often the case with people who are being paid to pump a share, they are fed a lot of info and charts to show how good a share is, take Sue Helen for instance and Paul Mattison. I have emailed Moneyam to ask them if his post regarding a

IP tracker in the thread header is true or not.

aldwickk,

I have made the IP tracker (the black counter) in the header visible, since you seem to think I am a liar?

Click on it and you will go to www.statcounter.com which should explain how it works.

Do you really think I am being "paid to pump this share"? Are you for real?
For F**ks sake, I've just done my research which anyone else is free to do, I have no special insider knowledge, just what is out there in the public domain if you could be bothered to look for it. As for being "fed charts" - DUH - try clicking on the "charts" button dickhead! - you saying moneyam are feeding me charts? What an idiot - now squelched.

Just so everyone is clear, there is no seperate IP tracker in here - our tech guys have taken a look at the code. There is however, a stat counter, but this cannot identify MoneyAM usernames etc in anyway.

If there was one, we would remove it, restrict access for that user and report them to the appropriate authorities.

If anyone has concerns do visit statcounter.com for the features. To ensure that all our users feel comfortable posting we have removed the the counter and the posters ability to add it back in.

Ian

Approrpriate authorities? LOL. There is no law against reading the IP addresses that are sent out with EVERY SINGLE packet transaction on the internet - it is an inherent part of the TCP/IP protocol - you can't ban it!

So he was lying about a IP tracker, and what does he want a stat counter for ? is he being paid by how many people vist his thread.

Don't get me wrong i hold this share and will buy more soon.

I think the tracker was installed purely to identify interest, just like many websites do.
I do not think there were any sinister motives. The fact that it identifies IP addresses is just one of the features
MT

MJ - I can not believe the last few posts that I have just read, I have always considered you as credible. Can you please advise why you would want to install any such IP/ISP data traker within this thread and why you've never disclosed it until now? I would also ask that you kindly disclose any information you may have gathered with regard to my personal data?

Many Thanks

exy.

PS. I'm sure I'm not alone on this.

trying to clear a seller to day 1.5m at .48 on the offer, 50,000 at .42 on bid. could be in for down trend.