http://www.gulfkeystone.com/ The firms exploration programme in Algeria is going well and "the shares look good value", say the Investors Chronicle. Your comments please. goal.

as you note, i disagree about GPX, though to be honest, i am already very well in the money there and even i am not tempted to cash in

GKP remains almost an unknown quantity whereas GPX appears quite transparent, we see more %tage upside in GKP.

At the moment : they are both great to hold though GKP might drop in the event of nothing at 3000m, if they draw a blank down there ...back to 20p....but the well is already a success so perhaps settling somewhere between 20 to 25p....but if they hit the jackpot : I would like to think anything above 50 or 60p perhaps even more, so well worth staying in if my guesswork sounds about right...GPX looks like it should keep on climbing up to above 300p but perhaps not in a straight line....views on these estimates are welcome.

If GKP as you say "hit the jackpot" you have another HOIL with the sp moving up to 2-3 a potential gain of up to 1000% whereas GPX going to 3 is a gain of only around 35%.

lol! ..... would be happy with either going to 3.00 ..... i should live so long!

A mixture of the two sounds about right to me..exciting times....frankly it sounds too good to be true for GKP to hit a major strike...I will fall off my stool if they do !, but anyway I'm in and there will be lots more wells to be drilled.

HOIL did it why not GKP?

i haven't held HOIL that long, though i have done well enough from them.

looking back, if you managed to buy at the very bottom (150) and then sold at the very top (600), then 400% gain, though pretty unlikely you (anyone) did either

Well it's worth the risk of owning the shares that's what I think we agree on though oil is in the ground in big bubbles around those parts, it's possible that with this drilling they just miss the target...you never know for sure until the drill bit gets there so I'm prepared for disappointment.

rq think positively! they have done their homework and have already proved this resource all we need is the big bonus.

Crumbs ! halifax it's not like you to be so optimistic....perhaps there is something at the bottom of the shaft !.

rq we like what we hear all we need now is light at the end of the tunnel!

Don't forget Algeria was their big hope for a long time when they turned down a bid of 74p---Iraq was just a fancy plan! Now we have partial success, Indian T/o rumours and they've ditched Algeria like a hot potato! This gives strong indications!!!

reported GKP selling Algeria for $150m

reported by whom and when and where - and what credence should be put to that?

cynic, look on advf and 3i's board for info, it seems to be cosha. The morning's share price will tell it all.

don't belong to either of those BBs and have no wish to ..... if sp rockets, i'm delighted, but see no rns

kosher (halal to the other guys) is the word!

Nice rise...plus 3p...

Guys..have you seen the increase...gulp !....euhhh I mean Gulf....even PET is rising...

ah yes! warms the cockles of the 'eart it does guv!