Don't like doing threads but have been alerted to this one as it trades well below cash position and allegedly has directorate links with the massive Petrobas. Last broker target was something like 165p - currently 26! The bates is in.

i'm sure i did, and it still holds true ..... and if i had bought any, i'ld sure as hell have banked some profits, which i assume you have not

i actually looked back to 2009 - have a look at the chart while you're about it - 150+ down to about 30; true it has now got up to 230 or whatever, but for what good reason? ..... at least XEL has some logic and ditto RKH

You know me cynic ..lol.

The only way is UP for CHAR, baby.

why?

yo hlyeo...

Because it is the Shares mag this week. Favourable comment.

Yes thats correct.

3 billion oil..... bugger me!!!

i know i'm incredibly thick, but having just opened this week's issue on line, i see no mention of CHAR whatsoever

anyway, the market certainly believes some story

9.2 bn in total for char.....how did i miss that one??? well done mitzy.,.

estimate of gross unrisked mean prospective resources ...... what does that actually mean in terms of likely recoverable, always assuming the "prospective" evolves into some kind of actuality - which of course DES's did not

It's not Believe, it's the truth.

it seems that i MAY have been wrong with my scepticism about CHAR, though time will tell if they truly have got something worthwhile on their books ..... accordingly, i have allowed myself to be suckered in with a modest number (50%), so i shall now wait and watch

at least i already banked a modest profit on these on the opposite tack!

I told you to buy yesterday.

Me too, cynic, don't be so skeptical next time. So you are in today.

cynic so you don't think this is a case of more "pie in the sky"?

i really don't know hali ...... i would rather like a comment from someone like Big Al who is an actual (ex)oily and knows what he is talking about, rather than just the likes of TossA who, like MRSI, is totally bound up by rising/falling angles, inverted and hairy teacups et al

hlyeo - a good dose of scepticism with shares in no bad thing .... it lessens the chances of making a total and ruined pratt of oneself

Hay mas tiempo que vida.

mitz talking in code......funny hand shakes next ;))

I've thrown the towel in here...if you can't beat'em..join em....so I'm in....shorting is out of the question with a possible huge discovery on the cards....wish I jumped in a year ago now...