Pre IPO price 4p
Opening price on debut 25p
Floatation price 46p to raise 14million to extend Jolly Ranch
Current fair value estimate 114p
Market cap 70.59 million.
Value of Cisco Springs investments 98 million.
Value of Vogel investments 75 million.
Desparado trucking now Nightfox 250,000 for a 50% stake with partner Running Foxes.
Centurion Project Kansas, 150,000 for a 50% stake.
Jolly Ranch Colorado, 40,000 acres cost 356,000 for a 50% stake.
Cash in bank 7.75 million.

As this EPIC opens on AIM today anything could happen. On the one hand you have traders trying to cash in a sixfold profit. You will also have a clambering of traders after shares because, firstly they could only get 75% of their allocation because of demand. Secondly at 25p this company is still way under valued.

marni ... please don't confuse Scotland with the rest of the UK

:-)

RF ..... then wash those feet and armpits to stop the confusion

up again

yip great week of news has bounded up sp

good day at the office too again!! also rpt

yes in 12 months i may have made a fortune

stick with this & rpt you will & gkp if you like a bit more risk!

Running Foxes updated production figures look good! Roll-on the AGM.

gibby and marni

I like afr as well
Whats your choice of others?
It looks as if minerals(gold) and oil are the sectors which are moving up.
I missed WCC ( abit expensive now)
marni
what do you reckon is a fortune.

for 1 share......about 250,000 minimum

whole portfolio........1 million minimum

think falklands could be good too for future........also dgo......think cdn will be good going forward also.....dyor

Re GFK
I only bought 10k
I should have gone for 100k
many regrets.
If you latch onto a winner you have to go in big.
What cheap share could really make a million (after CGT)?

and that saturn is exactly how to lose your shirt.
no one knows for sure how a share or a sector or anything else will perform .... it's only with hindsight that one can do that
for example, i don't altogether agree with marni re DGO, for though i have indeed made decent money from that stock, 52% is held by dubai gov't, so any predator will have to win them over.
DGO as a stand-alone company may ultimately come good in a big way, as turkmenistan has huge untapped natural resources .... but is DGO the one to unlock at least a substantial part of the oil stock?

now hit 47p today

there is new rumour of us interest - should hit 50p soon then towards 60p soon imo

well they have that ADR thing out on us..........no doubt cynic complaining rise not high enough for him......only 13.25p up since his disapproval from 1 week ago

marni .... even though you no doubt hold 500k of these, HAWK's performance over a sensible period (6 months is my arbitary choice) is really not that special relative to the rest of the oilies and miners

maybe not........but i think next 12 months will be........its a long term hold this one to prove its worth.......its not like oil producers where higher oil sp means higher sp for them.

however ih hawk prove up worth then with oil price increasing to 73$ then it could be best 12 months coming up rather than doing so in last 12 months.......and they will have better knowledge than before of what they have

just did the exercise for my own amusement against some positions that i hold.....

over the last 6 months
HAWK has performed quite a bit better than PMO and RIO
HAWK has performed a bit worse than TLW and HOIL
HAWK has performed far worse than POG

i got POG out of that lot, lol