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BPC an Oil stock with huge potential (BPC)     

Master RSI - 27 Sep 2009 22:32

A reverse takeover of Falkland Gold and Minerals, BPC joined the AIM market in Setember 2008. Has 5 exploration licences
offshore the Bahamas Alan Burns is CEO founded Hardman Resources has heavy institutional backing.

On 18 May'09 there was news of StatoilHydro has reached agreement with BPC to become the
operator of three offshore exploration licences

Chief Operating Officer Paul Crevello said :
"Some of the structures are very large. There is potential for multiple 500 million cubic meter (of reserves) fields,"
"BPC was also interested in "farming out" to partners its remaining five licences offshore Bahamas."

Now at 3.75p, Broker Fox-davies has a 13p price target on the company.
updates
12 Sep 09 - A number of well-known institutional investors had bought more than 272 million shares
in the company after RAB Special Situations and Edgewater Estates had cut their stakes. Alan Burns,
chairman, said the move significantly broadened

Interesting links
http://www.upstreamonline.com/live/article180910.ece
http://www.fox-davies.com/media/49118/bpcflashnote18thmay2009.pdf
http://www.sharesmagazine.com/emag/21-05-2009 See Page 7 (click refresh button for full screen)
http://www.growthcompany.co.uk/news/1064557/bpc-seeks-new-areas.thtml
http://www.growthcompany.co.uk/recommendations/1067072/bpc.thtml
plus markets TRADES

Intraday
Chart.aspx?Provider=Intra&Code=BPC&Size=
3 month Candlestick with 50 & 200 days Moving Average
Chart.aspx?Provider=EODIntra&Code=BPC&Si
4 month candkestick with Indicators ad support /resistance
Chart.aspx?Provider=EODIntra&Code=BPC&Si
6 month Bollinger Bands,RSI, S Stochastic and 50 days MA
big.chart?symb=uk%3ABPC&compidx=aaaaa%3A
Charts - 5 days
big.chart?symb=uk%3ABPC&compidx=aaaaa%3A

Number of people who have visited this thread    graphcount.php?page=18383882

mitzy - 10 Dec 2010 11:07 - 329 of 782

I will tell Simon what you said cynic.

TheFrenchConnection - 10 Dec 2010 11:25 - 330 of 782

still have them Roly -but only constitute 2% of GOLD holdings as do AFE and Norseman and a few other tiddlers ...,,,,,,,,,,,,,,,,,,,,,,, As you know i only invest in oilees -both up/downstream and miners ..........

2517GEORGE - 10 Dec 2010 11:45 - 331 of 782

Not had a lot of time this week, what with a new kitchen and a few family commitments. So this has tanked this week. I must confess to being one of the idiots that cynic refers to, having bought @ 4.3p I sold half @ 15.07p and will hold the other half for the time being as I still think this co will deliver. I do agree that 500 is low for entry, but hey mitzy's turned his 500 into near 1500 (notwithstanding his purchase today) so still a good turn.
2517

Balerboy - 10 Dec 2010 11:48 - 332 of 782

did same as you george but sold the lot this am.,.

mitzy - 10 Dec 2010 13:46 - 333 of 782

Hi George.. yes I made 1500 on a stake of 450 less dealing costs of course..I topped up this am @12p and will hold for another 2 years bearing in mind I first bought last year @4.7p I am very happy to hold in the long term.

And Simon Cawkwell has bought 500k @12p today he gave me the Petro Matad tip @14p last November and that was a 14 bagger.

TheFrenchConnection - 10 Dec 2010 14:20 - 334 of 782

Simon C.{EK} aka Mr Blobby - who happens to be a neighbour of mine- may indeed be the darling of shorters and a top drawer accountant but when it comes to AIM stocks with few fundementals in play he can be found sorely wanting ....he has never liked me since i roasted him over the fire of Regus a few years ago. His very recent "buy" ambush at KYS was an abject failure ....and even going back years he allowed himself to get suckered in over at SEO by Zak .......and we all know what happened to that motley crew .... ..But credit where it is due - give him a set of company accounts and he is as happy as a pig in ....err ...poo ....and can spot an overvalued company at 100 paces .................mais Felicitations Mitzy -..bonne chance .....

aldwickk - 10 Dec 2010 14:47 - 335 of 782

Didn't Simon short SEO then went long ? His still hold's KYS but will be lucky to get a quick 30p from the Chinese.

TheFrenchConnection - 10 Dec 2010 14:58 - 336 of 782

other way around , i suspect Roly . He declared short but citizen Zak talked him round and he went long ...Ohh shhesssh my apologies Roly - You juste said that didnt you ? You are quite correct !!...... lol Sorry R totally mistranslated that ..... ......Pity about KYS as has a top notch resource but insufficient funds to meet Capex .................Apologies to all BPC holders as am totally off topic .....

mitzy - 10 Dec 2010 15:20 - 337 of 782

Its on the up..!

TheFrenchConnection - 10 Dec 2010 15:52 - 338 of 782

after shedding almost 40% in past 2 trading days are you sure a little bottom fishing isnt taking place ......B/chance a vous ! ...

cynic - 10 Dec 2010 15:59 - 339 of 782

ex public school would enjoy that ..... comme beaucoup de francais!

TheFrenchConnection - 10 Dec 2010 16:22 - 340 of 782

rires ..lol ,,,non non .Casse toi ! lol plus ecoles de Angleterre

mitzy - 10 Dec 2010 16:24 - 341 of 782

Master could you update the Header pleas e.

Proselenes - 12 Dec 2010 05:51 - 342 of 782

Worth a read for some interesting views and comments :

http://boards.fool.co.uk/bpc-12117360.aspx?sort=whole

.

mitzy - 12 Dec 2010 09:44 - 343 of 782

Interesting reading Proselenes and nice to read that GS agree with my 500p target in 2 years should drilling be successful.

cynic - 12 Dec 2010 13:19 - 344 of 782

Mr P posts as if the "fool" comment stated what a great company BPC was .... it doesn't! ...... There seems little to support this price at the moment ..... obviously if BPC hits the jackpot, then the sky is the limit, but that's a damn stupid reason to hang your hat on it today ..... indeed, the same could have been said of Tulip Bulb Futures .... meanwhile, BPC is little more than a load of manure, supported by fools (and worms)

Proselenes - 13 Dec 2010 01:31 - 345 of 782

cynic, my post does not say "good" it does not say "bad" it does not say "mixed" - it purely says interesting views and comments.

You really need to get over yourself, you appear to know little but claim to know so much.

I posted that link purely because it was interesting, I have no position in BPC at all, BUT YOU come along with your stupid comments as usual.....

Get over yourself.




cynic - 12 Dec 2010 13:19 - 344 of 344

Mr P posts as if the "fool" comment stated what a great company BPC was .... it doesn't! .....

cynic - 13 Dec 2010 08:50 - 346 of 782

i claim to know nothing .... i merely cut and pasted the key phrase - see above ...... imo, this is a typical rodney stock

2517GEORGE - 13 Dec 2010 08:53 - 347 of 782

I'm not just an idiot, but also a fool now. Well I have to report that this foolish idiot has made a lot of money from BPC.
2517

cynic - 13 Dec 2010 09:21 - 348 of 782

in that case, if you are not to be classed otherwise, you'll bank most ..... as the article said, nothing to support the currect sp
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