anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

sidtrix

Try these sites:

http://stockcharts.com/education/



http://www.chartpatterns.com/index.html

good luck

pth

Cheers PT... been doing quite well without the graphs (guess it's been luck & a lil research) once I master these babies, think I'll be able to time my buys & sells right
Always saw myself as a city trader, think I might take it up... wonder what qualifications I need to become one?

sidtrix, I don't know about good books to start with... I started going to seminars & took a coarse, it depends on how serious you are about it, you have to go back wards to go forward.

sidrix. goal makes a great suggestion. get on a day course or event from any CFD/Broker/spread better and just soak up the info.
also on this board/thread you are permitted to ask what the hell you like. we may take the piss a bit at times but are generally a good bunch and happy to answer any newbie queries, however basic you think they are.

Been out walking, nice to see positive results continuing this morning.

All agreed prop.

goal,

I think seminars are overpriced personally, but as you rightly say, it depends on your personal circumstanced and amount of cash available to trade.

For anyone with a serious amount of cash, I would attend because the cost of the course would be low in relation to your avialable capital.



Sidtrix,

This is free and online, not a bad place to start IMHO.

http://www.equis.com/Customer/Resources/TAAZ/?c=3&p=5

cureently, bid 15.38 / offer 15.49 online

Also I would recommend a good magazine, my favorite is Money Week, followed by shares mag.

Cheers Andy, Just reading up on what PTH mentioned than will have a look at Equis!

Sidtrix, Money AM run traders days which may be of interest to you. Also, I believe some of the people running this site also run training courses on various topics. http://www.glomtc.com/

I understand that we got a mention in Shares again today:

Six Stocks with Solid Prospects:
*Premier Oil (PMO.L) - Bisichi Mining (BISI.L) - Sterling Energy (SEY.L) - Venture Production (VPC.L) - Peter Hambro Mining (POG.L) - Randgold Resources (RRS.L).

But we knew that already! ;-)

Looks like we could go up again today, lots of blue. Yes...

looks like another tick up is just about due?

indeed!

MM trade. when they take eachother out it usually means there is an order/something cooking...

STERLING ANNOUNCEMENT AT LAST!

Sterling Energy PLC
02 June 2005



2 JUNE 2005

STERLING ENERGY PLC

CHINGUETTI DRILLING UPDATE


Sterling Energy, the AIM listed (symbol: SEY) independent oil & gas exploration
and production company, note that the following announcement was made earlier
today by Hardman Resources Ltd:


Hardman Resources Ltd ('Hardman') announces that the drilling rig 'Stena Tay'
has completed the drilling of the wells required for the first phase of the
Chinguetti development project, offshore Mauritania. This drilling program
included 5 new oil producers, 5 water injectors to maintain reservoir pressure,
and 1 gas injection well drilled on the Banda discovery for disposal of the
Chinguetti associated gas. The Chinguetti early development well drilled in late
2003 will also be tied into the production system, resulting in the planned 6
producing wells being on stream at the end of the first phase of development.
During the drilling of the Banda gas injection well a number of cores were cut
and fluid samples taken, to aid in the continuing evaluation of this discovery.
The 'West Navigator' drilling rig remains in the Chinguetti field and is
continuing work on the installation of well completion equipment. As of 31 May
2005 sand completion equipment had been installed on 7 of the 10 new wells, and
this work will be followed by the installation of the production tubing and
subsea trees before connecting the wells to the Berge Helene Floating Production
Storage and Offtake (FPSO) Vessel for production.



Drilling results on Chinguetti were positive, meeting or exceeding expectations.
The completion of the drilling phase removes one significant element of forward
project risk and confirms that the volume of oil-in-place is at least as
expected. On the assumption that early well performance remains in line with
forecasts, Hardman anticipates that this will result in an increase in proven
reserves when it carries out its initial reserves redetermination. The project
is now over 71% complete and the target date for first oil from the Chinguetti
field remains Quarter 1, 2006.



The 'Stena Tay' is preparing to move to the Canary Islands for upgrade works
before returning in July to commence the 2005/6 exploration and appraisal
program. The forward drilling schedule and selection of the exploration and
appraisal targets are the subject of a number of key joint venture meetings to
be held from mid-June.



SCOTT SPENCER, DIRECTOR



Note: In accordance with Australian Stock Exchange Limited listing requirements,
the geological information supplied in this report has been based on information
provided by geologists who have had in excess of five years experience in their
field of activity.



Harry Wilson, Chief Executive of Sterling Energy Plc, said:

'We are extremely pleased that the Chinguetti drilling results met our
expectations, thereby confirming our belief in the project. The next 12 months
will be very exciting for Sterling as we remain on track for first oil from
Chinguetti in first quarter 2006.'




Enquiries



Sterling Energy (01582 462 121) Web site:
www.sterlingenergyplc.com


Harry Wilson
Graeme Thomson



Citigate Dewe Rogerson (020 7638 9571)

Nina Soon



Evolution Securities (020 7071 4300)

Rob Collins / Henry Turcan




This information is provided by RNS
The company news service from the London Stock Exchange

This should put price back in the late teen's ..... very good update, now lets see the SP bounce back to 19.5

And a tick up on the offer to go with it. I wonder if during this drilling campaign SEY will be releasing an RNS on drill results when HNR do, unlike last year. Good to see everything going according to plan though with first Ching oil in Q106. Should be a busy end to the year for us.

Price ticking up nicely