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Petroneft Resources - Is this going to fly? (PTR)     

Peter123 - 24 Nov 2006 16:37

This looks a very good bet? Mentioned in the share magazine.

spudgun - 24 Apr 2007 20:15 - 34 of 238

looks like all going to plan, good results with more to come in next few weeks, not much volume @ mo but that may be a good thing if topping up. Who knows we may reach 1.5/2 euro b4 year end. good luck to all !

shadow - 26 Apr 2007 15:27 - 35 of 238

Ptr has a history of delays especially now the russian goverment have got there eyes on this one, the next spudding is May but more likely delayed untill further in the year. Therefore this could plummet down to its previous lows as short bets are takeing effect to sub 26.75-27.25p plus hedge funds are takeing advantage.

spudgun - 26 Apr 2007 18:16 - 36 of 238

shadow is your information correct? how do you know short bets are taking effect?
this share looks pretty good @ mo but things can change quickly in this game just take a look @ chaco resources. still in black but a profit is not a profit until you sell, could do with a bit more volume/good news to push up price so i can make 20%.

Peter123 - 26 Apr 2007 19:46 - 37 of 238

Tipped in share magazine today as a buy @56.5p

spudgun - 18 May 2007 22:03 - 38 of 238

still not heard from shadow! looks like we are on the way to a good return on this one. good luck

spudgun - 18 Jun 2007 20:12 - 39 of 238

going sideways @ mo but good news on horizon @ agm end of month. dyor

spudgun - 06 Jul 2007 21:24 - 40 of 238

looks like we are about to head north.good news to come next few days then 70/90p by september?? good long term prospects

spudgun - 11 Jul 2007 18:10 - 41 of 238

now we are moving may be last chance to buy b4 take off, L-7 results due in soon & rns this morning will help . good luck to all

spudgun - 12 Jul 2007 22:13 - 42 of 238

peter 123 hope your still on this one as we are on a winner, shame other posters have lost interest but some of us saw the potential. Might have a small trade early am if i feel lucky, anyhow good luck to all who stayed in!!!

Peter123 - 12 Jul 2007 22:27 - 43 of 238

Yep, I am still in.

spudgun - 13 Jul 2007 17:28 - 44 of 238

more sells than buys today, some pi,s do not know when their on a winner.

spudgun - 19 Jul 2007 16:31 - 45 of 238

All looking good. News soon hopefully.

andysmith - 15 Aug 2007 11:42 - 46 of 238

Been away but returned to see my sell-if triggered at 48p to get out at break-even. Annoyed until I see current sp!! Why, bad news or market sentiment?

andysmith - 16 Aug 2007 21:55 - 47 of 238

News wasn't bad, expected increase in reserves but no more drilling until next year probably the reason for people taking money off the table for a while in the current situation. I will buy back in again in early 2008. Glad I set a sell-if though (on this occasion). Still got other stocks down this week but all profitable with low forward PE's so will be looking to add to those at low prices.

Peter123 - 16 Aug 2007 22:01 - 48 of 238

I agreed andy. I got out around 52p. Closely monitoring the stock.

spudgun - 28 Aug 2007 20:56 - 49 of 238

andy you wont get them any cheaper than NOW get in soon IMHO. p123 have you bought back in yet?? news coming soon will push sp back to 60 +,

Peter123 - 29 Aug 2007 16:41 - 50 of 238

Not yet spudgun.

andysmith - 20 Dec 2007 07:15 - 51 of 238

Got back in yesterday, estimated reserves due an update soon after this years drilling and expected to be significantly increased. Todays RNS might not move sp much(?) but is a good step forward towards the objective of production with better network for supply.

colinwalls - 20 Dec 2007 08:34 - 52 of 238

I'm afraid it won't move the sp anything but down and significantly so for a while I feel, as it's a very disappointing news release. They must have bad news on the sidetracked flow test to have abandoned it so close to announcement and to move equipment causing delay until next Feb at least. If it had been good news then surely they would have waited to complete by year end as originally stated, released good news to boost share price and then moved equipment ?! Already sitting on a large paper loss here which is going to get a lot worse over the next few months I feel, and probably limit any upside of better news next year ?

andysmith - 24 Dec 2007 11:00 - 53 of 238

I disagree Colin, I've been to Russia and the normal roads are bad enough, if it makes sense to crack on with other developments whilst they wait the equipment they need to side-track the well it makes a lot of sense to me.
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