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Petro Matad oil explorer in Mongolia (MATD)     

mitzy - 02 Dec 2009 17:35

Chart.aspx?Provider=EODIntra&Code=MATD&S

Latest Proactive Investors report..http://www.proactiveinvestors.co.uk/companies/news/10809/petro-matad-exploring-for-oil-on-chinas-doorstep-10809.html

Currently 14p to buy.

mitzy - 12 Jul 2010 09:39 - 186 of 667

This could be the next FOG..

required field - 12 Jul 2010 09:41 - 187 of 667

No, several wells to be drilled not just a one off.

Balerboy - 12 Jul 2010 22:56 - 188 of 667

lets hope it's not the next fogl and a very large gusher.,.

mitzy - 13 Jul 2010 09:41 - 189 of 667

Good start this morning needs to break 62p.

mitzy - 13 Jul 2010 11:53 - 190 of 667

Oil discovery announced...with another7/10 days to hit the main target.

mitzy - 13 Jul 2010 13:01 - 191 of 667

67p to buy .

Balerboy - 13 Jul 2010 13:56 - 192 of 667

73 sorry 74p and rising.....mitzy get the champers out your 100p in sight.

cynic - 13 Jul 2010 14:23 - 193 of 667

perhaps i'm even more stupid that usual, but i thought the rns fell into "encouraging" category rather than "yippee"

required field - 13 Jul 2010 15:48 - 194 of 667

Stone the crows ! (not that I would : I like birds)(both kinds).....highest riser of the day so far.....

Balerboy - 13 Jul 2010 16:27 - 195 of 667

80+ and still going, now if I were a ramper like some others on here i'd be giving all sorts of facts and figures out now and repeating myself 20 times over....job for mitzy not me.,.lol

required field - 13 Jul 2010 16:39 - 196 of 667

I've been buying and selling several times in the last day.....sold some at 4.10 only to buy them back a bit higher just before closing....no end in sight to the rise...should go further tomorrow morning.....very pleasantly surprised by this sp lift off.

Balerboy - 13 Jul 2010 17:37 - 197 of 667

At least there is some substance to see in the making un-like CHAR, got to wonder if i ought to buy a few more....not sure how much more to come at this stage.,.

Balerboy - 14 Jul 2010 08:17 - 198 of 667

getting close mitzy, you'll be able to sell at 100p lol

mitzy - 14 Jul 2010 08:49 - 199 of 667

Morning Balerboy touched 100p first thing.

Balerboy - 14 Jul 2010 08:55 - 200 of 667

and your next forecast is..........

mitzy - 14 Jul 2010 09:09 - 201 of 667

I guess 100p to 500p in a 12 month time frame..

and 2000p in a few years.

cynic - 14 Jul 2010 10:53 - 202 of 667

taken my profit at 90, so many thanks mitzy

note that not only is this an MM stock only, but the order book is now looking really quite weak with only a modest number now being bid at 89 from one MM and the others as low as 86

required field - 14 Jul 2010 12:49 - 203 of 667

It now depends on the well results ...I've taken some very good profits along the way...still in with a medium size holding (for me anyway)...not sure what to do ...probably a gamble as to whether this will climb even further or a sharp drop if the well is non commercial....

mitzy - 14 Jul 2010 12:55 - 204 of 667

No problem cynic I am expecting 200p on positive well results in the next 7/10 days of course if the well is a dud its back to 60p.

required field - 14 Jul 2010 12:56 - 205 of 667

Or less.....it's a gamble....again....seems to be most of my holdings are like this....
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