Bought into IVE this morning, purely on speculation only... small time though. Don't know much about them though ! in for a penny in for a pound and all that.
Got out of TPG (dead loss and falling away fast)

the hard work is over - this will keep flying

hope so! once it gets past 4.4p I'm in profit....should have bought alot more at the lower levels!

good - roll on 4.4p then! shouldnt be too far away - it will be worth the wait esp. 4.4p +

if you havent already done so nighthawk is well worth investment - will continue to excel

HMB will do well too after today's news... 2bagger, poss 3bag from here! (imho)/

Is certainly going places now and the volume is already higher than the record one last Tuesday.

5 days chart

4p tomorrow.

Once the seller was gone later this morning the shares has been motoring to finished the best of the day and record volume 84M so far, delayed trades could still come

Got HMB and Hawk :) only others are ASM, WSPR and recently PIM all doing well at moment after adjusting portfolio early in year, thank God!! after 2007.

I have room for one more investment, is IVE a good possibility?

IVE

Hardman and Co update MAY 08

Irvine has been busy announcing news this month. Having announced first gas sales at Niobrara Irvine have announced that Netherland, Sewell & Associates, Inc. ('NSAI') have completed an independent reserves audit with respect to its Kansas and Oklahoma projects confirming the potential for conventional oil and gas and shale gas.

Earlier in the month production commenced at the Niobrara oil and gas project in Kansas with an initial ten wells pumping with 16 wells expected to be on-stream by early May. Irvine announced that all of these initial wells were producing at or above expected rates with gas sales beginning at 11:00 am Mountain Time on April 28 2008. Four more wells (of an initial batch of 20) await perforation and well stimulation ahead of sales. Development of a further 40 undrilled well locations at Niobrara will commence following the stabilisation of production from the initial 20 wells.

The Netherland Sewell evaluation significantly enhances the value of Irvine's current portfolio, confirming reserves of 10.25 billion cubic feet of gas equivalent ('BCFE') in P1-P3 reserves categories. The NSAI audit has also raised the contingent resource estimate by 49% to 238 BCF from Irvine's original 159 BCF estimate for the areas covered which are only small portion of Irvine's total oil and gas acreage, specifically within the areas currently covered with 3D seismic and the Niobrara property. The audit, for Kansas, for example covers around 1.8% of Irvine's total acreage with 25% of the company's acreage in Oklahoma. The Niobrara property is fully valued.

The NSAI report validates Irvine's internal estimates and in most cases improves them. As Irvine begins the drilling programme to raise production across the portfolio, the company is confident of increasing its P1 and P2 reserves and converting its shale resources into reserves. (Coal bed methane present in Irvine's Oklahoma properties, or the Chattanooga shale in the Kansas properties, both have yet to be evaluated).

Up 20% today, ahhh, wonders if I may have missed out?

I imagine that as a large number of buyers have had this stock at around 4p for some time we can expect some profit/balance clearing first thing in the morning,may be a good time to a top up if the sp dips. 7p seems the confident price for this stock in the short term.

Been reading up about Irvine, alot going on, judging price to buy in is going to be difficult, why the big rise today though?

Probably news reported yesterday

the slightly longer term riskier (lowish risk my opinion) view for this stock (ive) is around 40p - agree shorter term 7/8p - i am already in and will be adding - hope for a dip price wise tomorrow from the profit takers etc then in again - good to see others on hawk - should be a good year all round!!

HAWK/HMB will do well, maybe get into IVE tomorrow for a high risk punt

andysmith
Also have a good look at SER, new wells with flow rates and steaming news still to come . 20p+ over the next few months

4p onward and upwards.

yes, looking good! just need to get to 4.4p+ to get into profit.. it's been along wait but hopefully it'll be worth it soon!

OK, well I'm in after setting buy limit at 4p, its dropped!!