A reverse takeover of Falkland Gold and Minerals, BPC joined the AIM market in Setember 2008. Has 5 exploration licences
offshore the Bahamas Alan Burns is CEO founded Hardman Resources has heavy institutional backing.

On 18 May'09 there was news of StatoilHydro has reached agreement with BPC to become the
operator of three offshore exploration licences

Chief Operating Officer Paul Crevello said :
"Some of the structures are very large. There is potential for multiple 500 million cubic meter (of reserves) fields,"
"BPC was also interested in "farming out" to partners its remaining five licences offshore Bahamas."

Now at 3.75p, Broker Fox-davies has a 13p price target on the company.
updates
12 Sep 09 - A number of well-known institutional investors had bought more than 272 million shares
in the company after RAB Special Situations and Edgewater Estates had cut their stakes. Alan Burns,
chairman, said the move significantly broadened

Interesting links
http://www.upstreamonline.com/live/article180910.ece
http://www.fox-davies.com/media/49118/bpcflashnote18thmay2009.pdf
http://www.sharesmagazine.com/emag/21-05-2009 See Page 7 (click refresh button for full screen)
http://www.growthcompany.co.uk/news/1064557/bpc-seeks-new-areas.thtml
http://www.growthcompany.co.uk/recommendations/1067072/bpc.thtml
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MMs starting playing the games, I will expalin

since the price move up to 4.40 / 4.45p, there has been 3.6M buys for 0.30M sells and suddlently without showing any sell the bid moves lower to 4.35p

With the mark down no atracting sells, The MM (SCAP) have decided to move forward again on the bid, and with that another has follow him LIBC so

at spread 4.40 / 4.45p
now 2 v 1

Not a bad day.

Starting where it left off Friday.

Tipped over the week-end.

Yeah, so did I, hope you're ok.
2517

Great thanks mate.

Sorry mitzy, I couldn't resist it. BPC moving up a tad.
2517

You don't think that this might just be one big holiday camp...with some directors hanging around a pool...putting out rns's now and again....."dearie" : get the secretary to put out a rns saying how fine it is....euuhh sorry, how we are progressing and tell her to bring me another gin and tonic....with some of these companies this is how I think it works....

"The rig has arrived on site and we have raised 10 million pounds via a placing in my swimming pool"....along those lines...oohhh..it's just the right temperature this morning...

you got the wrong name RF...Cynic2 sounds better. :))

Just a little wary of this one as to any oil at all ....in the Bahamas is it ?...

I take it you're not in then rf.
2517

No...

good buying pressure today, news coming perhaps?

bit of rise today, could it be the seismic results due..?

I hope they are seismic when they are released! ;o)

hmmm...must be filling up the swimming pool...(see my prev. posts).....oh !..by the way they are floating off a new spin off from this one ....it just happens to have oil assets on the beach in st Tropez and in Monaco....true !....what you don't believe me ?....

Generally a BAD sign when the directors start selling the shares.......


2 August 2010
BPC Limited

("BPC" or the "Company")

Director/PDMR Shareholding

The Company was informed on 30 July 2010 that, on 28 July 2010, Mike Proffitt, a director of the Company, disposed of 6,000,000 ordinary shares in BPC (the "Ordinary Shares") at a weighted average price of 3.6 pence per Ordinary Share.

Mr Profit is now interested in 12,360,000 Ordinary Shares representing 1.4 per cent. of the Company's issued share capital.

Director selling, now L&G selling in todays RNS.

It would appear that the Gulf of Mexico happenings will have a long delaying effect on anything happening in the Bahamas....... ?