Dragon Oil plcs principal production and exploration interests are located in the Cheleken Contract Area in the Caspian Sea, offshore Turkmenistan. The Cheleken Contract Area covers approximately 950 sq.kms and comprises two offshore oil and gas fields, Dzheitun (LAM) & Dzhygalybeg (Zhdanov), in water depths of 10 to 37 metres.

            Red = 25 day moving average.           Green = 200 day moving average.

If further takeover bids for some of the mid-cap oilies were coming like the possible IEC one, now would be a good time !.

so much for drasic fal u redicted today hyleo.....anther one u got wrong

not yet...we will see next week

i'm only interested end of next year at earliest

hmm

well almost a full month since hyleo stated this will be 200p..........i gave him a month rather than a week but still another prediction he got way wrong.......and he doesnt predict for end of 2009 as i asked. look out for your pants around your ankles hyleo

end 2009 is far too far away, but in the immediate, it willbe interesting to see if sp can break back up through 25 dma which it is now challenging ...... chances are, even in a steady market, that it will fail at least a couple of times

good increase today............lol, 2009 is too far away, its only a year away! thats problem with this society these days, everyone wants everything now......bring back the good ol days

dragon are well diversified and will increase production and revebue / profit for next year easily......do some research on dragon cynic and you will realise this is a buy even in current bear market

next stop?
target in six months?

well hyleo had it for 200p..........cant see that happening......i had it for about 7 quid plus by end 2009/start 2010

6 months i dont tend to do.....i leave that to silly day traders

watch your shorts hyleo.....they r burning!

Any idea why it crashed 5% yesterday?

264p now. 200p approaching soon hopefully.

must soon be a bid on DGO at this price

why?

why hopefully 200p hyleo?

hopefully uk will go bankrupt soon.....and 7 million people will lose their homes...lol

251p now.

DGO is really wobbling now. 200p on the cards soon.

i am afraid "long way south" applies to a great many oil and mining stocks now

Yes, I agree cynic. The mining sector is a great one to short now mainly ANTO, POG, AQP, etc. Recession is looming closer and inevitable. US economy is going into the dumps with the Feds busy rescuing banks, mining will go literally under.

Short the miners!