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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.

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....

required field - 14 Jul 2010 13:11 - 206 of 667

Sold 45% of my holding...92p...free ride on remaining...will stay put...

cynic - 14 Jul 2010 13:14 - 207 of 667

not impossible i shall buy back at some point, but i'm no fan of MM stocks and ftse looks set to fall back quite sharply (5000?), though that may be exaggerated by BP's weakness today

required field - 14 Jul 2010 13:16 - 208 of 667

I've learnt to my cost in the past to take profits...you just don't know what's around the corner in this market....

Balerboy - 14 Jul 2010 14:00 - 209 of 667

mitzy what's your % of coming good as there are known oil fields around...better than 75% or less??

mitzy - 14 Jul 2010 14:13 - 210 of 667

I would reckon chances are 80% of finding oil Bb.

Balerboy - 14 Jul 2010 14:17 - 211 of 667

thats good enough for me, i would have to sell 2/3rds to get a free ride so will stick with it. sp holding at around 90p which is fine. bb

required field - 14 Jul 2010 14:53 - 212 of 667

Now look what you've done ! : it's rising again !.

mitzy - 14 Jul 2010 15:02 - 213 of 667

lol..

Balerboy - 14 Jul 2010 15:06 - 214 of 667

lol.,.
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