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.

Hi Halifax,

My take, for what it's worth.

Although RKH are looking at becoming an oil producer, the facts still remain that the sp for at least the next few years will be based on their exploitations and successes as an oil explorer.
The sp will eventually reflect the success or failure of the drillings.
As yet, due to 'not being fully proven' coupled with many other possibilities, IE Argentina, World debt, Terrorism etc, the sp does not yet do so.

Once the oil quantities are proven, then most of the other problems will fade into the distance.

The one big problem will still be world debt, because although oil demand will continue to increase over production, profit margins will start to shrink, just as they have started to do over the last few weeks.

But no matter what, oil will be king for many a year yet, and companies such as Rockhopper will be courted by the big conglomerates that at the moment could buy them out from their tea and biscuit funds.

So RKH becoming 'dead money'! Me thinks not.

Greek.

sp slipping away again.

RNS tue or wed for spud

Sell RKH now at 245p

About time to think of topping up again. The RNS will no doubt bring it to the attention of some folk

spread 235.25 / 235/75p

Ready to go better after the GAP being filled and retracement being completed, order book starting to be much stronger on the bid side

brilliant header!

It is certainly time to be in now, I did had in mind to do it yesterday, after the GAP was filled, but wanted further corfirmation, and today was right on the steady movement up since yesterday on the chart of higher highs and higher lows

The much stronger order book on the bid side is keeping the stock moving higher

DEPTH

bid 591K
offer 345K

rocky - with wall street looking likely to open strongly, i think you may well find GOOG a very interesting and profitable trade

That is what happens when there is a spike, most of the times the share price comeback to the level it started

50% intraday retracement what next ?............. the order book is still very strong on the bid side so expecting to move UP once is the time ( usually takes time to change such direction ).

not many buyers at the moment ( lunch time ) and the FTSE lost all the early gains so does not help, but on a very narrow spread 236.25 / 236.50p, the bid price volume is picking up by the minute and the offer side is lowering after a very small AT at that price

marky why aren't you buying, sp heading down to the bargain basement?

I`ve had more excitement having a snail race.

Did you win? :o)

Hal i think i have enough..i think it may go further......down

kim

no I was a-salted

lol!

I just cannot believe what's wrong with this share....I would have thought that we would be hovering between 300 and 350p at least by now....

the whole market is dire and AIM stocks are usually the ones to suffer the most

Yep, it looks like that way...and I'm always in the aim ones...(have to say going long in CEY and POG at the mo....)....as well...