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Petro Matad oil explorer in Mongolia (MATD)     

mitzy - 02 Dec 2009 17:35

Chart.aspx?Provider=EODIntra&Code=MATD&S

Latest Proactive Investors report..http://www.proactiveinvestors.co.uk/companies/news/10809/petro-matad-exploring-for-oil-on-chinas-doorstep-10809.html

Currently 14p to buy.

cynic - 01 Nov 2010 11:35 - 491 of 667

certainly no good reason to keep holding for now ...... have dumped with nasty loss .... hey ho; can't win them all but at least more than heavily countered by XEL and others

mitzy - 01 Nov 2010 11:57 - 492 of 667

All is not bad they are expecting to drill a 4th well during the Winter.

cynic - 01 Nov 2010 12:11 - 493 of 667

i agree it wasn't all bad, though again i note the management felt obliged to gloss ..... the market does not like disappointment, and again this is a cursed MM-only stock

required field - 01 Nov 2010 14:10 - 494 of 667

Not so good today...amount of reserves still to be assessed....

Proselenes - 02 Nov 2010 11:07 - 495 of 667

Down to 100p now, must be 60p target over the winter.

cynic - 02 Nov 2010 16:45 - 496 of 667

very happy that i obeyed the discipline and dumped mine yesterday

required field - 02 Nov 2010 16:46 - 497 of 667

Me too....we shall be back no doubt....

TheFrenchConnection - 02 Nov 2010 18:32 - 498 of 667

no doubt you will RF but wait a good while asl have a rather large short on this so obviously delighted with recent outcome .

mitzy - 02 Nov 2010 19:49 - 499 of 667

Careful now.

Balerboy - 02 Nov 2010 22:34 - 500 of 667

I sold 3/4 with profit, so rest can have a free run for now.

mitzy - 03 Nov 2010 08:02 - 501 of 667

Rebound to 110p today.

Balerboy - 03 Nov 2010 08:06 - 502 of 667

Thats not going to make much difference is it? they're not drilling now for sometime are they...

mitzy - 03 Nov 2010 08:08 - 503 of 667

They are hoping to secure a winter rig by mid Nov for the final drill you just dont know if possible.

Proselenes - 03 Nov 2010 08:40 - 504 of 667

60p is more likely mid term that any rebound upwards, IMO.

Proselenes - 03 Nov 2010 11:06 - 505 of 667

Not so far away from 60p on the bid side now...........

Proselenes - 04 Nov 2010 11:56 - 506 of 667

Inching down........

halifax - 04 Nov 2010 12:01 - 507 of 667

like a lead balloon.

cynic - 04 Nov 2010 12:18 - 508 of 667

certainly no reason to buy above 60 that i can see

cynic - 04 Nov 2010 12:18 - 509 of 667

certainly no reason to buy above 60 that i can see

Balerboy - 04 Nov 2010 12:23 - 510 of 667

2 x 60 = 120 buy buy
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