www.blackrockoilandgasplc.co.uk
www.vsaresources.com
www.oilbarrel.com
Presentation from Thursday 6th July 06 can be seen on oilbarrel !


Monterey appraisal well suspended pending Wintershall evaluation. 1/12/06
BLR and Kappa in dispute.
BLR to meet with Kappa within next two weeks 1/12/06

Where have all the doubting thomas' gone........?

Not gone, I just think that most of us don't check this stock on a daily basis, I know I don't. Just noticed the rather sharp rise and RNS. Looks good to me and will continue to hold no matter what the outcome.

Yes, me too. I bought 100k before the 50:1, and will keep for the long term. Just view it as a long shot bet. But do keep an eye on them. Good luck to everyone still holding these BLR shares.

LOL

cynic - 14 Jun 2007 10:32 - 968 of 992
the company is still crap!
any more comment required?
skyhigh - 14 Jun 2007 10:39 - 969 of 992
cynic, it's worse than crap!
cynic - 14 Jun 2007 10:42 - 970 of 992
i was being sensitive to the feelings of the mug punters who still hold in vain hope

is there any reason to change that view? ...... is strongly suspect not!

No point suspecting cynic, your either in or not. If the shares so crap why don't you short it? I can see more value here than in the likes of CHP or whatever its calling itself now.

just as one doesn't buy every share that jumps, not should one short every share that dumps ...... am happy to remain short of SOLA; made a good amount shorting BFC and wopuld have made much more had i been able to re-open that position at 18 (no stock available); shall certainly short DOW when it approaches 14400 and Cable at about 20700 ....... other than that, am pleased to have taken profits in a number of stocks over the last week or so with the intent of buying back at lower levels = poor man's shorting!

Moving up for no apparent reason as yet. Could we have some good news on the way after hours as is the way with Black rock?

Another good rise, somethings got to be happening..

Looking great.

Some nice buying in the last 15 minutes - 80,000 worth. Looks like that small drop was pure bluff.

Should have results of Acacia around next Wednesday according to III discussion board. Looking good at moment.

Tuesday is the 20th day, so should be out by then.

Blast off!

Sold mine some months ago at breakeven,i WISH ALL HOLDING an EPLOSIVE move NORTH,

SHUDDAWUDDACUDDA!!!!

Good luck!

eplosive should read EXPLOSIVE!!

Here, here!!

LONDON (Thomson Financial) - Black Rock Oil & Gas PLC said its joint venture operator Kappa Resources Colombia Ltd has drilled an Acacia Este exploration well in the Las Quinchas Association contract, Colombia, to a depth of 3,970 feet.
Kappa is currently conducting mechanical pump tests of the two test zones and Black Rock will make an announcement of the test results when these are released by Colombian state oil company Ecopetrol.

volume climbing.........looking good, removed my last comment as it appeared to ramp, getting over-excited!

From UK-Analyst.com: Friday 3rd August 2007

Black Rock Oil & Gas (BLR) shares firmed 5p to 53p after positive news from its joint venture operator Kappa Resources Colombia pleased investors. The company said it had drilled an Acacia Este exploration well in the Las Quinchas Association contract, Colombia, to a depth of 3,970 feet. Kappa is currently conducting mechanical pump tests of the two test zones
and Black Rock is now expected to make an announcement of the test results when these are released by Colombian state oil company Ecopetrol.

May 2007 research report, gives a good insight, could be a little gem this imho.

http://www.blackrockoil.com/investor/broker/020507_vsa.pdf

this paragraph (taken from the above link ) shows the possible short term value of Black Rock..............

"If we take the average value assigned by the stock market
for the reserves of the six companies in our universe that
resemble most closely Black Rock, namely, Emerald Energy,
Global Energy Development, Solana Resources,
PetroLatina Energy, Petrominerales Ltd. and Pacific Stratus
Energy of 8.27/bbl, then Black Rocks risked 5.48m bbls
reserves would be valued at 45.3m. It is clear that the
market is undervaluing Black Rocks potential".


Issued Capital

Number of Ordinary Shares - 21,031,837 ordinary shares (quoted)

present mkt cap @ 53p per share = 11.15m the 45.3m fig above would see us at 2.15p per share. hmm food for thought!