.

lost over half my funds in both ISAs,thought it was a safe bet,i cant see any return now for another 6 to 9 months.

Sorry to hear that markymar. What is safe now? Sold the majority of mine when we
waited for ever for the last report. Was not happy the way share holders were
treated with delays. I do hope the sp comes back for everyone.

Several directors are millionaires before a drop of oil is pumped, on the backs of shareholder optimism, you couldn`t make it up in a novel.

Just hope the sp goes up as fast as it has fallen.

lol
it needs to go up twice as fast as it has fallen to get back to square one -down 50%
needs up 100%

Thank god it's risen, was getting very nervey when heading below 140p, here's hoping.,.

Bb,I will swap mine with you, two of yours for one of mine. lol

glad i wasn't suckered back in yesterday ...... DES also wilting, which i also do not hold

Puzzled why this stock is being punished so hard. Just watching from the sideline.

Watch the Chairmans interview on the website and then you will all calm down.

Why did he not do this weeks ago, to save so much damage to the sp.

Yes the chairman was very upbeat, but he would be wouldn`t he?

Result DOWN another 3.5%, at this rate it will be gone in a month!

All the hype and BS and ramping of XEL on other bb`s reminds me of the hilarious days of TAD,with ainsoph and his boiler-buddies versus the realists, result ---busted!

Oh and like a prat I hold some XEL,not worth flogging now, I`ll wait and see.

Its not rocket science. They seem to have turned up with the fire engine when the house has burnt down.

The danger soon its that other good oil shares are going to move soon and this one should follow. Otherwise funds are going to shift.

A lot of maths has been done, risk taken into account, forward turnover ,profit, cash and ther result is the market has put the present sp on it, until it produces the product , erm, thats it I am afraid.

The market does not sound convinced. Not happy with something.

Doom and Gloom.........

Shares Magazine today and the sell off is overdone, 'Investors should take advantage of this fall and Buy they say ahead of first oil, expected in the opening half of next year with incremental catalysts such as Field Development Plan approval and confirmation of financing should help to fire the stock ahead of this breakthrough'

http://www.youtube.com/watch?v=lBSYLanx-dM

Sharepedia.co.uk - Xcite Energy Richard Smith June 15 2011

Looks a better day for Xcite.