http://www.falklands-oil.com/

http://www.rockhopperexploration.co.uk

http://www.argosresources.com/




Rockhopper was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme in the North Falkland Basin. It was floated on AIM in August 2005. Rockhopper was the first company to make a commercial oil discovery in the Falklands. Today Rockhopper is the largest acreage holder in the North Falkland Basin, with interests in the Greater Mediterranean region.

I would suggest people stop playing dumb........

A large find here, in British waters, with a superb fiscal regime and the derisking of other prospects makes RKH at these levels grossly undervalued.

I find it funny the same people who sold at 90p as it was "too high" offer suggestions that its again too high or might rise just a little..........

:)

Of course you could argue that if you are THAT confident then you should have bought a lot more and now start locking-in some profit leaving as you say your original investment to gain even more profit.

dealerdear, I have been buying more, lots more on the dip to 180p.

I am letting greed run, as the future could be so very bright. There is nothing wrong with taking profits, but why rush to take them.

The old adage, let your winners run and cut your losses.

Far too many people sell the winners too early but are persistent to keep holding their losers.

exactly so ..... arguably i have too much invested here even after selling a smallish portion late yesterday - i've no idea how i stand overall, as have traded this stock quite a bit over the recent months - but i am glad to say i cannot bring myself to buy more at these levels, though i think i shall not be selling any more before the report ..... perhaps still being too greedy

Whilst I agree, I'm afraid it's human behaviour and very difficult to change. Of course if we could change it, we may end up all millionaires!

only trouble is Barclays online can't cope with high volumes and you have long waits on the phones from people who can't trade on line, with RKH you can end making or looseing a fortune because you can't deal.

why are you not using L2 so you can deal direct with the market?

Or even just an execution only broker account on-line?

Well, now it's valued at 450 million pounds....it'll better be a billion barrels of crude or there will be a slide...getting ahead of itself......

my advice is to buy.

If it's rising, why not ?, but this is heavily priced now...and not much to go on, in fact bugger all.......if they come up with the sort of rns along the lines : nice oil, everything...fluidity ok...we have discovered probably .....the word probably is no good....spike up followed by sell out and I will be one of them (not that I'm anything to go by as I got it wrong half way through this )...just to say : this is way up with events so far...

shut up my little nodding dog!

cynic methinks he protesteth too much......

Aldwickk,

Sorry if this is a bit off thread.
Don't usually recommend companies, as obviously things can always go wrong, but for several years I have used Jarvis Investments as my on-line broker and have 'never' had a problem dealing, even in companies where others have posted problems, buying/selling. OK there have been the odd time when a deal has not been accepted on-line but they answer the phones very quick. They deal for 9.50p for any amount. They do charge around 17 for each withdrawal by cheque, which appears a bit high, although I 'very' rarely draw out my holdings so that don't bother me much.
Your holdings/cash are guaranteed under the usual system, with any cash held independently, so a sort of double guarantee.
I have no idea re Barclays charges, but it may be worth looking into Jarvis.

Regards Greek.

Placed a limit order to sell over half of mine @ 300p good for 1 day

Ok Cinners I'm going to shoot this right down...oh, this is a terrible stock....blah, blah, blah....in fact it's making me quite a bit....oh it was mitzy....

nice to see cynics having a go at someone else for a change.... he'll give you a nick name next....regards emu..

Thanks Greek, Barclays about the same 9.60, no charge for withdrawals barclays pay it into my online bank

rf, you have to understand this is not Kurdistan with no license.......... or an illegitmate license.

170M barrels is around 600p a share.

They have 90p a share cash.

They have Ernest to drill.

They have many other prospects.

And so the price is grossly undervalued....... at its present level........ :)

As I said, those who sold at 90p and said its too high, should really have the common decency now to hold their tongues and stop making even bigger fools of themselves..........

I mean..... saying sell at 90p as its "too high"...... some people have no shame.........

I think we should see quite a rise today as an announcement is likely over the long weekend or Tues first thing and you want to be in if it's good and i do think it will be very good.