.

xel certainly had heavy volume yesterday, but whether KB will see sp at 120/130 by august when, from memory, spudding is due, is pretty questionable ...... assuredly i wouldn't want to throw 40k at this sort of stock on hype premise and promise, especially as it is totally MM controllled

Guys...have a look at AFC....the sp has pulled back a little like the rest of the stockmarket.....if you are interested : time to buy.....huge potential starting to come through....could go to several pounds in a matter of days if a ftse company gives these people a big contract like the one they already have with an australian company...well worth checking out...I'm still in XEL of course at a 100% profit...fingers crossed for the drilling !.

Nicely up again, say no more...... keep on rising XEL !! :)

Rising strongly....yipeee...

not by the close it wasn't, but in the light of all about it, only a modest fall

don't forget to keep your eyes on this little waif ..... it's now on the move as spudding approaches

Doing fine....

cynic, all being well this one should move a lot faster after the drill is done........

Couple of media snippets.


From The Times

http://business.timesonline.co.uk/tol/business/markets/article7124619.ece

May 13, 2010

In the know: RBS ... Lloyds ... Xcite

...........Tiddler to watch

Xcite Energy rose 12p to 78p after Arbuthnot, its broker, told clients that the shares could go as high as 123p and urged them to buy. The North Sea oil company raised 25 million in March to fund test drilling at its Bentley field this summer. The company is working with BP, which will market its oil and provide $20 million of debt........



From the Daily Mail

http://www.dailymail.co.uk/money/article-1277913/MARKET-REPORT-Is-Jardine-prey-predator.html?ito=feeds-newsxml#ixzz0nmfbhfzg

.......Xcite Energy, which owns the Bentley Field in the UK North Sea, jumped 12p to 78.5p on an Arbuthnot recommendation and target price of 123p.....

The Arbuthnot "strong buy" note

http://www.arbuthnotsecurities.co.uk/Research/id/3808

.

Getting a lot of press today.

Looks good for more than a pound...

there's a lot more logic to this lot than for CHAR!

I tend to agree with you cynic.

this will never do!

lol

Doing fine.

Buy rating in Shares Mag it seems.

XEL has been touted around for quite a while now, but the market continues to stubbornly ignore ..... let's hope for a bit of life once they spud in mid/late august from memory, and PG, actually find some goo