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
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Nice recovery today.

BPC looks very promising. Buy now.

perhaps their tin of sardines is leaking oil

Pehaps - cynic - should learn to keep "ITS" mouth shut

...... A shut mouth catches no flies

look at the mirror what do you see .....

Its you , put you tinted glasses and see

Ole..

cielo - do i detect someone who does not like cold reality or someone who does not buy into the hype surrounding a share that, not only in my opinion, is worthless at time of writing?


i shall be very boring and cc an earlier post as clearly you chose not to absorb its content ....
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 (ed: not my wording, but in the article in question) ..... 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)

Why dont you short it then cynic..?

GS have a target of 25p.

cynic

Have you heard of .... little acorns to mighty oaks

That is the way BPC can be one day, if is not you cup of tea, I will suggest to stay away

re >> manure

That maybe in you back garden eventualy if you sh-t there instead of the toilet.

re >> fools

I told you earlier, do it again ...... look at the mirror

i suggest you learn not to be abusive .... you have your opinion; i have mine ..... i stand by my post above ..... as far as i can see, this outfit has even less chance of success than say DES .... at least in the latter case, probable commercial quantities of oil have been found in the region, whereas to the best of my knowledge, this is not the case for BPC

cynic

you do talk from your backside, no wonder that you back garden is full of "manure"

BPC has not found oil, cos it has not drill, and good way off yet.

do some research before opening you BIG mouth
------------

A stock never goes up in a straight line, at certain point there is going to be a retracement.

So your past comments ( that you were very happy why the share price moving lower >>>>>>>>> were RUBBISH,
most likely just with everything else you do in your live.

>>>>>>>> look at the mirror

re >>> abusive

Just paying back from the other posters ( investors ) you call them fools
about time you look at the mirror again
maybe you have "dementia" and can not remember past post

The return of MasterRSI?

Some are expecting maybe just too much


from the FT.com -- under 'Analysis & Research"

"The 2 analysts offering 12 month price targets for BPC Ltd (BPC:LSE) have a median target of 753.72,
with a high estimate of 1,012 and a low estimate of 495.63.

The median estimate represents a 5,283.74% increase from the last price of 14.00."

BPC - Analyst Consensus

as i said, without the gratuitous abuse in which you choose to indulge ..... you are welcome to your view, but it does not make mine invalid .....

as even you admit, BPC haven't even started to drill yet, and if you know anything at all about the oil industry, you will be fully aware that even in the best researched fields, the chances of finding anything commercial are no better than 20% ..... the closest so far is that there is a thought that, given the geological structure, there just could be some decent oil somewhere in the area

by the way, FT.com, in case you had forgotten, is just another BB, with all the hype and fallibility that implies

Whatever your viewpoint on the merits of BPC, one can't argue with the fact that a good many investors/speculators are buying into the story. BPC have gone up 300% since I and a few others here bought in, and as a result have made (sold) and are making (paper) profits, which is what I thought was the idea of investing in the stockmarket.
2517

George - you are absolutely spot on, so long as you realise that the profits are there to be banked before, like the snow, they all melt away ..... spivvy, over-hyped shares and companies without any substance are fine for trading, if you get the timing and direction right(!), but should not be confused with "proper" companies

30p very soon

now you're sounding like mitzy, which cannot be remotely construed as a compliment!

cynic----------Getting the timing and direction right are crucial irrespective of whether it'a an amoeba stock or a 'proper' co. There is inherently more risk attached to the former, but many of the latter have been huge letdowns and cost investors a small fortune, the banks, insurance co's, housebuilders, retailers, BP and VOD even. What you do get with many 'proper' co's is usually a dividend which helps keep you ticking over until the sp improves, a luxury spivvy co's don't have. Fortunes are won and lost on whether you have got your entry point right.
Back to BPC, surely they are worth a small gamble, say 500 the same as mitzy if they do reach anywhere near their hyped sp you will make that many times over.
Good luck.
2517

not of my money ..... you could fill a house with garbage and still be likely to end up with worse garbage even if one or two eventually come right ..... as was the case with EO, DES, RKH and XEL, to take but a few, there was plenty of money to be made even after "something sensible" was in the open.

tonight's aphorism - start in the basement but don't be surprised if you get buried

cynic

You can not leave the thread alone it seems, though you know you have been wrong with your comments. ( the share price bounce say it all )

It seems like you are trying to give advise to posters and they are not interested cos is free, and you have not research enough the Bahamas. I did research their beaches and bars on my day stay, I could not research anything else cos the company did not exist, it was a few moons ago.

If investors want to have a secure investment, they will put their money in BP. ( not so good early on the Year ) or M&S, etc, but investors on this stock, are more speculators than investors, for them with a bit of luck it can change their way of live for the better, provided they are inventing on good size.

A 4 bagger on the last 3 month or 8 bagger at its 2p low a bit earlier