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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.

Balerboy - 21 Jun 2011 08:34 - 597 of 667

Can i come to your place as it's piddling down here..... we'll lie on a sun bed together.,.

cynic - 21 Jun 2011 08:36 - 598 of 667

hi mistress ..... thought you'd been murdered and were lying rotting in the compost heap

Balerboy - 21 Jun 2011 08:37 - 599 of 667

get your own sun bed cynic.,.

Toya - 21 Jun 2011 08:42 - 600 of 667

I do worry about you cynic, with your nightmares! Hope the tropical sun hasn't scorched your brain :)

cynic - 21 Jun 2011 08:43 - 601 of 667

thanks T .... i worry about me too

Toya - 22 Jun 2011 08:54 - 602 of 667

If sp bounces off its current level of 130-ish then hopefully we'll all be able to make hay - otherwise it'll be down the silage pit I fear, and that will be very stinky

cynic - 22 Jun 2011 09:24 - 603 of 667

all looks pretty ugly to me ..... in particular, i don't like the fact that sp has crashed through 200 dma, re-challenged a couple of times and failed ..... arguable support at current level, but better at 120 - if you insist on throwing money in here

i wonder if BAO is now a better bet as a spiv stock

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

Balerboy - 22 Jun 2011 10:52 - 604 of 667

Have plenty of cider with it Toya then you won't care if it smells a bit.,.

Toya - 23 Jun 2011 08:37 - 605 of 667

Thanks Balerboy - pour some down for me - feel I'm drowning in that pit... Serves me right for not taking profits when I had them :(

halifax - 23 Jun 2011 13:54 - 606 of 667

RNS dusters.

Balerboy - 23 Jun 2011 16:29 - 607 of 667

oh Dear....back to the drawing board:((

Toya - 24 Jun 2011 08:53 - 608 of 667

Bit of a bummer that... Still, they did find hydrocarbons elsewhere so it's not a total wipe-out (I tell myself, since I didn't have the sense to sell earlier).

From the RNS:
'Petro Matad CEO, Douglas McGay stated "The absence of hydrocarbons in DT-6 is disappointing, but when taken into the context of the previous five successful wells and the complex nature of the Davsan Tolgoi Prospect, represents a statistically acceptable result.'

Balerboy - 24 Jun 2011 13:30 - 609 of 667

hopefully work it's way back to 110 - 120p level

halifax - 14 Jul 2011 10:14 - 610 of 667

sp falling below 100p

halifax - 30 Aug 2011 16:00 - 611 of 667

RNS not good news where to now, mitzy can you tell us?

mitzy - 01 Sep 2011 09:46 - 612 of 667

No idea to be honest.

aldwickk - 01 Sep 2011 19:11 - 613 of 667

Funny you had lot's of idea's when it was going up

halifax - 08 Sep 2011 16:20 - 614 of 667

are we going down to 20p?

gibby - 09 Sep 2011 11:16 - 615 of 667

quite possibly - this is a serious set back - i think 30p more realistic
the other problem is that quite soon the cold weather will be back - if they dont find something commercial from next weeks spud..................................................

halifax - 21 Sep 2011 13:34 - 616 of 667

mitzy any hope of a recovery in their sp?
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