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

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........

Morning SWW...in ramble mood i see!

TIOF 6 ...bring it on. i agree that we should see commercial all over it.

have you seen ESY by the way..looking interesting and worth keeping an eye on pre Tiof 6

Hello

Yes I have and the price prediction.

I wonder if its on the up before the results and then a bit of profit taking will kick in on the day.

Just a thought.

and probably an accurate thought at that....they would have to be stella numbers or contract wins/announcement pending to propel these north of 150. i will probably touch down a little soon (but just a bit of protection)

wake me up when something happens in sey!

Late call & still a holding from me,,no rush a quid buy uuuuuuuuurrrrrrrhhhhhhhh christmas,,any pet fans here.

I've got a mole on my back lawn. Any idea's how I can get rid on it, it's causing havoc.

MS

Can you cook mole?

MS

Play Led Zepplin.

Houses of the Holy.

It'll either go or dance the night away, exhauted on the lawn, you then clump it on the head and throw it over next door.

http://moneyam.uk-wire.com/cgi-bin/articles/200502080700283304I.html

Tiof testing underway and looks on schedule.

SWW

Tried that and it did dance the night away... underground. I'll put the mother in law on a diet and send her down. She look's like a ferret.

MS