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.

From post #330 lizard:
"GKP will vote at tomorrow's AGM for a new mandate to issue up to 250m new shares, as it looks at ways to monetise its potentially significant resources in Kurdistan."
This looks to be in addition to any sale of assets.

Who knows but if Algeria is sold for that then can't see the immediate point of more share issues.

They only put out an rns a month ago confirming intention to sell Algeria (as it looks at ways.......Kurdistan).

Would GKP let go of their position in Algeria if the prospects in Iraq were not already known.

depends how big a gambler the board is .... i think iraq is quite a long way from a "happy ending", though kurdistan is preferable to further south

I reckon the sp could jump into the lower forties early on monday....this is way ahead of drilling results....

why?

Talk of 3 interested buyers for the Algerian assets--min $150 maybe more as they turned down a bid of 74p some time ago when they only had Algerian prospects---possible developments from the IOC interest in a T/o for however many billions it was---traders in ahead of the september target depth. General pi excitement at being in at the possible birth of a giant oil co if it's allowed to survive****take your pick Cynic!! I'm in and holding at least until Christmas!

i'm in and happy enough ..... ditto PCI and GPX and CFM (as a bit more of a greed-gamble!) ..... the reast of my portfolio is rather more based on "proper" companies

Are you in PXS yet? not one to miss IMO as it's starting to move up after a long wait. read up on the Sirco website what it does and on the Provexis site their other irons in the fire. 2 year trial on a treatment for crohns disease etc.

Interesting to see that GKP was one of Barclay's Stockbrokers most favoured buys last week:

Saturday, 8 August 2009 to Friday, 14 August 2009
purchases sales

1 ROYAL BK SCOT GRP 9.67%

2 LLOYDS BANKING GROUP PLC 8.34%

3 BARCLAYS 4.80%

4 XSTRATA 2.46%

5 TAYLOR WIMPEY PLC 1.56%

6 Gulf Keystone Petroleum 1.55%

7 RIO TINTO 1.38%

8 Provexis 1.26%

9 Kazakhmys PLC 1.07%

10 HSBC HLDGS .95%

http://www.moneyam.com/InvestorsRoom/posts.php?tid=14368#lastread

nope your post has gone now!

:-)

Likewise, first person I've squelched bloody dildo.
2517

dildos have a use

tell me, do you prefer a straight dildo or one of the rampant rabbit varieties?

Looks like there was a bit of a market shake to get weak holders out....nice rebound.

RNS perhaps?

This is a staggering performer.....perhaps one of my best picks ever...(for the moment).....took a small amount of profits this morning...sorry, just had to...only a small percentage of my holding....I hope that they strike something....what an increase in value as of late !.

strange things happening here today ...... clearly very strong performance, but trades here show only 4.5m traded, but L2, which will be real time and much more accurate, shows 15.5m traded - daily norm is about 6.5m.

i guess the implication is that someone is buying a very large slab which is currently only partially filled.

any other ideas?

rising once again.....must be the demand or they have come across another oil saturated horizon.