New Projects and good prospects. will be the winner in 2004. IMO
25p in early 2004

Cheers Grevis. Don't know what to make of that, sounds very strange. Perhaps OMV mean that PCI have GW 92 until mid 2005. Very confusing as if drilling was going to be delayed then they would have to announce that. Even if they were not going to get that rig but were negotiating use of a different rig then surely they would have to announce that also?

Maybe someone would like to write to PCI to clarify the situation.

"Sell on the rumour, buy on the facts"

I now only hold 10k at 10p having sold a lot on Friday. If they go down, I buy again. If they go up I will have guessed wrong, but I think I will stick on this position. After all with ST we are betting on the spin of a coin! If ST is dry they will be as cheap as chips. Anathema to the PCI optimists, but it could happen.

Where is the next PCI I wonder? What odds on CRST for a Ronson takeover? Who is buying heavily into MDY, and why?

pete...don't think so. PCI will fall if ST fails to impresss, by how much no one konws... as for cheap as chips, i don't think so. So do what you feel best but to those you may be losing confidence/patience.......as wisdom goes, DYOR and you can see just what i'm talking about.....PCI have fantastic potential, great prospects and that's what's it's all about!!

Curiously more sells than buys and the bid increasing while the spread is decreasing. Are the MM's filling a big order? If so a rise today. Barring bad news on the rig of course.

Austrians now refusing to comment according to an ADVFN poster.

excuse my spelling.....nearly as bad as Brian Cusack's :-)

pete...hope so.....holding tight and high as a kite :-)

Few big buys pushed through...

http://fool.uk-wire.com/cgi-bin/articles/200410111825039634D.html

Mellon Bank reducing - others increasing. Lets hope the selling stops now.

hope so.

I dropped out this am.

Sorry guys, I lost the faith.

Good luck to you all.

As it is I went out on blue that is the important thing!

Sorry to see you go - I always valued your comments, but I know how you feel.
If I wasn't holding at 10p I would be gone too.

ever watch dragnet? "Just the facts m'aam, just the facts" Good company, investment, good prospects, drilling soon, will hit sometime. As I said previously, if rumours, treeshakes, and MM stopped messing about, the price would be at a more realistic 18/20p awaiting some good finds.

SWW, at least you got out with a profit. Still holding here, waiting for the drilling fun when it begins.

I'm gonna hold for the news...

Just about break even so thats ok!

I'm holding for news as well.

Buys coming back in now.

Guess all I can say about today is that at least we recovered from 15.25 bid. Not the best of days.

i for one held PET got out,bought PCI thought pet was pumped and pci more progressive.
but bb's put me off when pci didnt break 18p,so sold and made 10%.a hell of a lot more than had i stayed in pet.
RAB is the one,its a machine.read up,oil exploration and resources but with a nights sleep!