http://www.falklands-oil.com/

http://www.rockhopperexploration.co.uk

http://www.argosresources.com/




Rockhopper was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme in the North Falkland Basin. It was floated on AIM in August 2005. Rockhopper was the first company to make a commercial oil discovery in the Falklands. Today Rockhopper is the largest acreage holder in the North Falkland Basin, with interests in the Greater Mediterranean region.

I suspect it will be either over the w/e or early next week - in the meantime it is tighter than a tick's bum!

http://sartma.com/art_8399.html

Falklands : Falklands Summary of Executive Council Meeting Held on 27 January 2011

Approval was given to allow amendments to the environmental clauses in the offshore Minerals Ordinance (1994). This amendment will make it mandatory for EIAs and EISs to be undertaken when companies seek approval to drill exploration, appraisal and production wells and conduct Drill Stem Tests offshore.

Talk about politics and Brazil on the side of Argentina and refusing to let a patrol boat getting supplies in Brazil and then this story if true.

http://en.mercopress.com/2011/02/06/brazil-and-uk-ready-to-sign-huge-defence-contract-say-media-reports#comments

Brazil and UK ready to sign huge defence contract, say media reports
Brazil with a defence market described as one of the fastest growing in the world will be signing a defence agreement with the UK which should open the way for a deal worth billions of dollars, according to reports in the Brazilian and UK media

http://www.thesun.co.uk/sol/homepage/news/money/3397803/Homes-firm-Bellway-says-market-is-on-rise.html

FALKLANDS oil explorer ROCKHOPPER was on the move yesterday amid talk of a second discovery in the South Atlantic. Shares climbed 12.87p to 386.87.....i hope so!!!!!

sp down this morning - shows how much respect the sun is given lol

not looking good atm.

quite so ..... glad i sold 40% the other day when sp was 20p higher ..... still hold enough!

The question is, why did it go from 360p up to 388p on no news. So sp has now reverted back to it's fair value level. I seem to remember this happening before and the news turned out to be terrific.

One thing for sure RKH keep a tight ship and we wont find out untill an RNS.

Off subject this but did anyone see the news last night of a jewellery shop being raided by 6 thugsSuper granny to the rescue!!!! Amazing courage deserves a mention.

http://www.youtube.com/watch?v=tXMsIioIWYg&feature=related

I think the fair value is about 400p , was going to take profit if it went near to that yesterday.

On current recoverable estimates the chart doesn't agree with you. Somewhere between 300-350p seems to be about right. 400p is just greedy! ;o)

it is certainly of some concern that sp is down again ahead of the imminent result ..... very glad i lightened my load yesterday

Not particularly heavy trading in this stock, so wouldn't yet be too concerned.

Any moment now....result due.....could drop up to 40p in all or so...or.....a shuttle like takeoff......fingers crossed...but better to be in than not....shares that it.....spreads and cfds.....too risky....

CFDs are effectively shares ..... the risk is that one gets over-exposed as only a deposit of 10/25% has to be put down - can't remember what it is on RKH

It's alright if you are watching every minute....I can't...and ......my experience is that you on a bad result you get stopped out way below your stoploss...just before a rebound.....aggghhh....have to be sharp with these...very....I would have thought it would be 25% upfront for these...at least...depends on your credit I suppose...

deposit is based on the perceived risk of the stock or similar - RKH is indeed 25% .... XEL is on a sliding scale related to quantity, but 25%+, whereas TLW is 5% .... other than that, i do not run stop-losses for the very reason you mention .... in any case, and as i have posted a number of times, unless it's a guaranteed stop, you can be stopped out well below the level you anticipated

Can't always get a guaranteed stop.....that would be good with RKH...if you can get one...

(i think) guaranteed stops have to be placed at time of purchase and are not allowed less than 10% below the market level, and as you say, may not even be possible on some

A good reminder to me as to why I steer clear of S/b & CFD's. At least if it all goes wrong with holding stock you are not forced to sell.