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.

This is the bit of advice you should follow.

Midas says - There are lots of indications that Rockhopper will be a deeply rewarding investment, however there is always the possibility that the well will disappoint. Investors should make sure they book some profits - then stay on board for what could be an exciting ride.

Why ?

Cut your losers, run your winners.

Anyone taking a few profit should have done so BEFORE the CGT changes came into effect, to not do so then, but then do so now would be madness.

This should now run up to 400p or more in the weeks ahead on pure speculation of Ernest.

You are absolutely correct aldwickk. There are a number of scenarios which could affect RKH share price, including unexpected military action from Argentina. Bank some profit & let the rest run is totally logical & very sensible advice. The answer to the question 'Why' is because the unexpected can happen to any company (BP is a very good example).

your looking to be squelched harry..gut feeling not allowed.,.

Ooooh! I don't think I have ever been squelched! Yet another example of the unexpected!

Well I cannot see post 1957, so it must be someone I have squelched who has now squelched you... LOL ;)

Harry, in that case you should sell some of everything you have, as anything could happen to all of them, at anytime, so is it best to sell everything now ?

I am more than happy to keep holding, Dr Jungels buying a lot more keeps that BIG confidence vote going.

The line of interest from the Mail article is this one :

The shares had almost doubled to 96p. At the time, Midas Extra recommended shareholders should keep at least half their stock.


So they told people to sell 50% of their holdings at 96p - WELL DONE anyone who did not follow their advice..... !!! ;) LOL

FOGL - The well did not encounter any reservoired hydrocarbons and will now be plugged and abandoned

FOGL stock will be a disaster and other falklands stock will suffer in sympathy, whether deserved or not

Toroa only had a 15% chance of success and its absolutely no surprise for a duster for FOGL.

http://www.investegate.co.uk/Article.aspx?id=201007120700201656P

Luckily the South Falklands is nothing to do with the North in terms of the oil and gas production and potential, and now the focus goes to RKH, the only one so far to find oil and one that is still vastly undervalued IMO and offers great upside.

My strategy of adding only to RKH and holding only RKH is paying solid dividends. Buy the others BUT only when they have found oil, and if not then keep adding RKH, more and more while its still so undervalued and while Sea Lion still has so much upside potential on the 242M barrels P50.

I have buy orders placed now at different prices in case of a dip first thing.

The MM's and shorters might try it on with RKH (why I do not know but they might), however I expect there to be strong buying kicking in, hence I have my orders placed now waiting to be filled on any temporary drop down.

Did you get topped up Pro as it was a short drop and i expect a rise all the way past 4 over the coming weeks.

Come on the rock!!!!

No, not one of them filled.

Barstewards !

That's the trouble with orders....and sometimes you get terrible prices....

Looks like pretty much even buys v sells traded so far, so maybe sp will drift once the hype is over?

No Hype Harry....the rig drills Ernest next hence the price will rise....level 2 showing a lot more buys orders to sells.

Sold a few at 336p

Harry, in that case you should sell some of everything you have, as anything could happen to all of them, at anytime, so is it best to sell everything now ?

That was a silly thing to say Proselenes , Harry was talking about locking in profit not selling at a lost or at a small profit but shares that have shot up 50%+ in a matter of weeks.

aldwickk, that would be even more stupid unless you quantify and qualify.

RKH is vastly undervalued. A flow tested 242M P50 find is worth around 750p a share. The company has other prospects, not least the pending Ernest well.

With such a vast undervaluation and with so much in the months ahead WHY would you sell ?

If you are going to sell "just in case" than surely you must sell everything "just in case", in particular the ones with nothing going on as they will be higher risk "just in case" something happens.

Why do people constantly promote "taking a profit" rather then "taking a loss before it becomes an even bigger loss" ?

I always see people stating "hang on in for the recovery" - but then the same people say "take a profit and bank it".

Its utter nonsense unless you apply guidelines and proper research on whichever stock you are talking about.

PROS - you are right that we all tend to to suffer from micawberism with loss-making shares ..... however, there is nothing remotely wrong with banking profits, as it is only when in the bank that a profit can be truthfully adjudged

whether or not your assessment of RKH's value is even remotely correct remains to be seen ....... even if it is, RKH will inevitably be a volatile stock - see the likes of TLW, PMO, CNE

RKH is already getting ahead of itself....so far it has proved to be a super stock, but the costs of getting anything out of the sea floor will be staggering....probably a farm in or such might be on the cards, but we are years away from that.....in time it could be worth 10 or so but we are also a long way from achieving the tenner.....the value in the ground has to be discounted by a hefty margin when compared to the sp value which is always much lower.