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PETREL RESOURCES.Independant Iraq Oil Company.10 target 2007/2008 (PET)     

lex1000 - 27 Aug 2007 16:59

Chart.aspx?Provider=EODIntra&Code=PET&Sihtml>

moneyplus - 15 Apr 2008 13:12 - 688 of 1154

shorters attacking this one at the moment--I'm in for a few more!!

2517GEORGE - 17 Apr 2008 10:03 - 689 of 1154

Clawing back atm on fair volume.
2517

dealerdear - 17 Apr 2008 10:19 - 690 of 1154

tempting to buy in but is it MM playing games.

halifax - 17 Apr 2008 10:32 - 691 of 1154

Is the chart beginning to look interesting again?

dealerdear - 17 Apr 2008 12:24 - 692 of 1154

Could go anywhere I think.

looks as though it was a fuss about nothing

2517GEORGE - 22 Apr 2008 08:29 - 693 of 1154

Something amiss here.
2517

required field - 22 Apr 2008 08:35 - 694 of 1154

Not producing....that's the main problem....good prospects possibly but it will take ages to develop !

2517GEORGE - 22 Apr 2008 08:38 - 695 of 1154

rf---- I would have thought that was not the reason for todays weakness.
2517

required field - 22 Apr 2008 08:41 - 696 of 1154

It seems to me if you look across the board of oilies that producing companies are doing better than mainly explorers !

hlyeo98 - 23 Apr 2008 08:51 - 697 of 1154

PET looks oversold...now at 85p.

required field - 23 Apr 2008 08:55 - 698 of 1154

At the same time AXC (with the terrible spread) is rising....producing that is the difference.

2517GEORGE - 23 Apr 2008 09:33 - 699 of 1154

I can only think the weakness y'day was due to the fact that the Iraqi's are not able to police themselves yet, and as a result UK & USA forces withdrawal will be delayed until they can.
2517

hlyeo98 - 23 Apr 2008 09:34 - 700 of 1154

You can't compare them, AXC is 2275p and PET is currently an explorer in Iraq, potential of finding oil and producing is high. Currently at 89p.

required field - 23 Apr 2008 10:39 - 701 of 1154

Potential yes !, but not yet producing anything for themselves !

required field - 23 Apr 2008 10:48 - 702 of 1154

Support around 85p area and rebound now....(.nonsense petmin rns on PET board )

2517GEORGE - 23 Apr 2008 10:51 - 703 of 1154

Yes that is a bit irritating.
2517

hlyeo98 - 23 Apr 2008 11:01 - 704 of 1154

Once PET starts producing, it will be like AXC at 22

2517GEORGE - 23 Apr 2008 11:08 - 705 of 1154

hyyeo98---------I thought more like Poseidon 175, now I'm showing my age.
2517

required field - 23 Apr 2008 11:28 - 706 of 1154

Well you lot have convinced me to join you....agree with you about it being oversold.....hope we get an update soon !

hlyeo98 - 23 Apr 2008 11:30 - 707 of 1154

Welcome on board, required field. Have u bought some PET today?
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