does anyone know anything about these guys?,there has been some buying and (a lot)of selling .i am trying to find something really really cheap to speculate without the fear of losing much if the worst happened.

thanks.
dexter.

Should make for interesting reading...

http://www.seftonresources.com/assets/forest_city_basin.asp

http://www.moneyam.com/action/news/showArticle?id=557714

http://moneyam.uk-wire.com/cgi-bin/articles/200412150700264127G.html

Who's still in ???

Continued 'dottom draw' purchases being tucked away...

Possible re-rating coming sometime - anyone got any news???

If a they are re-rated what sort of price would you expect?

how can there be soo many buys in the last month and the price goes down???

Having exp. of the drilling industry, I understand somewhat the task at hand for these guys... A couple of years ago, they had problems with a blow out and 'bush fires' but are now restarting activities...

This time round, they are pumping enough oil to fund the cash outflow and they have told the market that they expect 200 BPD by year end...

Their website says 800 BPD is attainable... Aside from this, they have rights to other wells which makes them worth a small fortune now that drilling tech and oil prices have improved making extraction worthwhile...

Unlike many, they have the resources, just a case of extracting it...

As far as how far can it go... They came to the market around 6p...

All things being equal, once things are sorted and thay move onto extracting more resources, I see no real reason why it can't return near to or exceed that...

It's nice to see that I'm not the only one who has been tucking them away...

DYOR obviously...

Here is a another link to aid your research...

http://www.oilbarrel.com/datasheets/datasheet.html?sym=SER.ISE

I like the sound of Sefton, they seem to have good foundations and the share price does seem too low.

Obviously DYOR but I'm going to tuck a few of these away for the future.

Anyone else feel the same?

Sefton appears to have some good things going for it...

Tip-sheet or a re-rating could help this one...

Certainly worth tucking away I think...

DYOR...

dexter,
Do you hold ser?
wilbs

Hi wilbs,
No i don`t hold as yet, but i looked into them quite a bit last year. They look a good bet to keep an eye on, the thing that puts me off at the moment is the spread, when i first looked at them there was no volume to speak of, but in recent months there has been a fair amount of activity in comparison.

Where do you use to find new co`s. coming to AIM.
Dexter

dexter,
I have had a brief look and like you I was put off by the spread. Shares mag and investors chronicle quote new companies joining Aim, they get their info from Digital Look but I cat find anything on their website. London Stock Exchange is the best that I know of.



http://www.digitallook.com




http://www.londonstockexchange.com/en-gb/pricesnews/prices/newissues.htm

Hope its some help dexter
wilbs

I hold now. Not much in value but quite a bit in volume. 2005 looks like a big year for Sefton, i guess it could be make or break, but i'm happy to put these away for a few years.

Yet more speculators adding slowly to the pot...

More add whilst others loose patience...

Got in this morning although the spread is massive the price i paid went through as a sell. I wanted to buy more but the price kept jumping up, something strange going on perhaps!!

Dexter

Are you in on this as they are to announce there drilling results apparently between the 1st and 15th March looks encouraging IMHO.

0057659,
i`m not at the moment , i`m keeping a close eye from the sidelines.
dexter

Dexter

I have also been watching that other one you mentioned ZBA looks good waiting for spread to narrow a bit then i am in. I was going in earlier then share dropped but ready and waiting.
Cheers.

we are on the move!