anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

All systems back up and running. Thanks for the help after trying the above it had nothing whatsoever to do with java as finspreads insisted and turned out to be the wireless router. Because I never close things down it had locked me out of the page. Much calmer today and dentist check up was fine so things are looking up....except for our sp today!

ps meant to say golf instructor pleased with my posture (mother would be proud!)and actually managed to hit the ball 97 yards!

I think these will be down tomorrow. I did a dummy sell and the max I could sell on line was 5K.

MS

no way! just the quiet before the storm. hand in there sir

No posts on SEY today. (bar this one !). Winding down Friday eh?
Nam

Just being patient nam. No news is good new I suppose but when other investments are moving and your's is not, then you do question what are you doing with your money. There's no dividen just a hopeful increase in share holder value. After all the whole purpose of the game is to make money, and not just have it sitting in an investment doing nothing at all but hope seems a bit daft. I have reduced and gone into DGM and I'm already up. SEY will happen but I've hit my 4 month reassesment point so I'm looking again at the situation. I still hold at the moment.

MS

Money can be made in SEY. 17p is the key level. Play the percentages in the short term with spare cash and reduce to your core holding when opportunity to bank profit allows. Long term play ultimately cf. DNX, so these short consolidations are not a problem.
Hope DGM continues in same vein as indicated.
Nam

Time will tell. Your right 17p is key with SEY. As a company they are not very forthcoming with info so impatience creeps in.

MS

The Trader/shareHolder dilemma. Always tempting to bug out early to search for supposedly richer pickings. Have a relaxing weekend.
Nam.

You too Nam. Speak on Monday.

LOL

MS

Afternoon all,

See hils is shorting this down to 10p and below

Well there's a surprise.

MS

Good.

Oh, and good luck!

if hilary is so good perhaps she/he should give us some tips- on where to put our money- I have taken my money out on hilarys comments- yeh right!!.

Here we go again.

ENERGY STOCKS WILL OUTPERFORM GOLD MINER STOCKS
In a new era of depleting oil reserves, troublesome oil patch labor, violent oil delivery systems, and declining USDollar, crude oil has risen far more than analysts in the mainstream community have expected. The gold community on the other hand, has trumpeted the notion that necessities will rise in price far more than discretionary items. So food and energy will grow more expensive, even as consumer electronics and clothing remain cheap and plentiful. In the chart below, showing the ratio of oil producer stock index to the unhedged gold miner stock index, a Head & Shoulders bullish pattern is evident to the trained eye. The neckline level of 2.9 has shown support with four touch points. The shoulder breakout level of 3.6 has shown resistance so far with six touch points. The head formed last year in autumn 2003 with an impulse low. Note how the 50-week moving average provided upside resistance around April 2003, now to provide downside support as it did around November 2004 recently. The stochastix indicator previews a little more softening and consolidation before the breakout in this ratio. A breakout looms highly likely in the next couple months. What it means is that oil producer stocks will outperform gold miner stocks. Both will do well, but energy stocks will do better.

i think sey is a long term play- with company ambitions i would think planning for 06/07- could this be on the minds of directors that have massive options contracts for 07/15?. once chinq is in production.also can they get further deals on the way?.

hilary is a winde up merchant, there is one in every crowd.

morning team SEY!

not alot to say but it is a new week, and new opportunities await....sorry to sound chirpy but my new baby has kept me up for 4 days and i am a little spaced!

Interestingly enough Hilary has not even commented on this board for a while, and still we get this reaction after Fundy's comment.

Its a shame really because I am positive that Hilary has a lot to offer apart from trying to get everyones back up.

I can not decide if Hilary knows much about the oil and gas, E & P business or not. If she does she has not displayed much knowledge so far.

I am sure Hilary will comment at some stage to clear that up.

I declare that I do not have much knowledge but I can read and understand what I see, my downfall is deciding who is ramping and who is honest and I include Company Boards in that.

Although of course I have seen a couple of excellent examples of late with PRE and PET where promises were made, but reality was that they were ill advised promises to make so I now have some insight. I accept that holders in these would say the Fat Lady has not yet sung, but there you go.

I now look at one or two others in oil the E & P and wonder how projections of wealth in oil can be made when all the companies have are 2 d or 3 d seismic studies to go by.

Woodside and Hardman thought that Capitan was a banker too, based on seismic. Same with Dorade 1 both turned out to be water wells.

Merou is a funny one; I have a feeling having read lots since that result that it may be revisited one day.

We have had dusters in the latest Mauritanian drilling campaign; the ratio is now around 2/1, which for the industry is average and based on the best seismic studies. Expectations before beginning this campaign were and I quote, " 2/1 or better probably 8/10." Well the guesstimate was not bad in the first instance.

Going short is probably a good strategy at in the short term, but in the long term it would be daft.

The more I think about that, the more sense it makes to be a long term holder, and have a short position for the immediate future with a stop loss.

No reasons to get upset if someone declares that they are short, each to their own.

Of course this neatly forgets that Tiof 6 flow test results are due in around 10 days time, and barring technicalities it could get things moving quickly if good, as it is then obvious, imo that Tiof is going to be declared commercial.

That would have a very good effect of PSC share prices and SEY as a royalty partner.

I said barring technicalities because with Tiof 5 there were, and the spectre of problems that affected Ramco come to mind. Although entirely different, more problems with flow testing could do the same to PSC members and SEY in the short term.

Good reason to hold a short position then!

As always, time will tell.

Do you hold all the way, or reduce or sell?

You have to decide that, all I do is ramble........