small oilie but with a nav of 35p compared to share price of 10p..bid rumours of 50p a share.

if you're a buyer, then you're a far braver man than me gunga din

morning cynic nice to see you've not lots it , how is the empire doing have you reached the second million any thing good to say about this or better still wt the down side

well - i reckon this will bounce - good time to buy - we will see at end of day - GL whatever anyone does

according to some on this BB i only run a virtual biz and only own virtual shares, but then said person/peeps is a virtual toad/witch!!

looking back, i see i was asked to comment a few months back ..... arguably things have changed with the recent rns, but imo, strengthened by todays wild gyrations, this stock is best left to the fools and horses or the adrenalin junkies or similar

Yes it could be goodbye ! but hoping this'll do well in the med/long term !

My name might as well be Rodney!!!!!

Hey mr clever clogs cynic, your only griping cause you missed a 30% profit this morning and would be who about it all day, as it is you missed it and so those who took a chance are lemmings!!! I can't be a lemming as they only have one jump............aswti cheek...

so smarty-pants, at what price did you buy and sell? ..... no porkies please! - lol!

currently 23.0/24.0

i'm not going into that at the moment................lol just making a comment..

I did not time my entry into this right but the rns is so short : there has to be a follow up of resumption of operations, I'm surprised that it's back to opening price !.

roughandtumbleone - 13 Oct'09 - 20:36 - 1525 of 1526 Guys and Girlies, Just a little bit of perspective here. Prior to the announcement yesterday afternoon regarding the licence approvals, the company came out yesterday morning stating they wanted the simplist and most straight forward way of returning cash to shareholders. They also have started selling assets they do not require and they have 38M pounds of cash at the bank. Then in the afternoon, the uncertainity relating to the three main licence objections has been resolved and CAD have had confirmation that the licences are valid. Just basic NAV values exceed the current sp. The cash per share equates to approximately the current closing spp this evening and that is assuming that there can be no value pinned to any of CAD's other assets, licences of ventures. Today's share price swing was unbelievable but from an investors point of you, this stock is a no brainer. The likely scenerio is for a sizeable amount of cash as a "special cash payment", the company still trades and concentrates on its core operations and "farms out" other none core assets and projects. Just take a look at the charts and see where CAD has fallen from and though today's retrace back from 34p to just under 20p was unbelievable, the upside here is huge. I do see a much higher share price than 34p, let alone 19.5! IMO DYOR and all that jazz! Good luck. R&T PS here's an extract from the restarted doing some research before buying a share. if you did todays events wouldnt faze you. This is a no brainer. And funds are still buying

http://www.investegate.co.uk/Article.aspx?id=200910131646447136A

after close rns - GL

Sold out at a loss...what was to be a quick buck turned out to be a quick disaster...%^&*($----..... ....should have gone to spec savers....euhh...sorry,.. listened to Cynic ...

sorry to hear that RF, but i am afraid this is the prob with all these amoeba companies and especially oilies ...... don't feel like the lone ranger as i suspect there are many who jumped into CSH, CHAR, ENEG et al, who have been similarly battered

Don't keep on cynic!!!! lol i'm in the same boat but can afford to wait as only very small investments.

My plan was to jump in at the start yesterday as I knew it was going to shoot up ...keep them for an hour or so and out, but I made the mistake of catching a falling knife : always hurts...my own fault...doing well on plenty of others at the moment...will learn from this ...

I haven't got your e-mail Cynic, was it important??

BB ..... thank goodness you only have a small stake at risk ...... it would even go against my nature to wish that certain unmentionable backers of these stocks have been well and truly mullahed

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e-mail not important at all - merely comment and observation ..... it's strange, but had this prob reaching you before, though have sent via this strange MAM system ..... do you get other stuff from MAM that way? ..... perhaps try sending me one

you may not have timed your entry well RF but it was probably a mistake to sell-out. Whilst I agree with cynic about PI's getting burnt and the MM's are expert at this (how many bought GKP at 109p yesterday) if you hold-on long enough with such an illiquid stock such as this then at some point down the road it will probably have another massive day rise.

I nearly pulled it off.... anyway....on to pastures new...Perhaps but I still don't understand the finance-assets situation here...what are they doing now ?..pulling out..drilling ?, producing ?,..... an update on this bizarre situation here would help, plus litigation never helps an sp...