anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

yup, i really think the sunday press will pick this up. good rise, good volume, great story.

the iii Cairn discussion board are all talking about SEY now, i'm sorry guys my fault lol , i wish i had more dough, these are going to fly, i can feel it in my water, prop said the other day he thought 20p the end of next week, i thought he'd been on the "wacky baccy" now if he has i want some of his "shit" it seems like it does the trick.......

a mention in the independant on sunday, anyone else seen anything ??

ramraid,

Can you post it up please?

If it's not too long that is!

it was the telegaraph andy, my mistake ,read it on another BB, wasn't very much but here it is

Taking Stock with Edmond Jackson:
* I am continuing to hold Dana Petroleum but am also watching Sterling Energy and Hardman Resources.

that's why i didn't post it in the first place.

ramraid, at least it is an acknowledgement that Sterling are being tracked by the press

Early trades look promsing, 1/4p bid and ask 15.25 already. Lets hope it stays there and improves.

HAVE YOU SEEN HOW MANY SHARES HAVE BEEN TRADED ALREADY ????????????

look at the first 7 minutes of trading ..............




08:07:53 15.225p 15p 15.25p 20,000 3,045 BUY O
08:07:45 15.25p 15p 15.25p 80,000 12,200 BUY O
08:07:05 15.25p 15p 15.25p 6,348 968 BUY O
08:07:05 15.25p 15p 15.25p 1,000 152 BUY O
08:07:01 15.25p 15p 15.25p 12,000 1,830 BUY O
08:06:48 15.25p 15p 15.25p 9,787 1,493 BUY O
08:06:36 15.25p 15p 15.25p 6,443 983 BUY O
08:06:33 15.25p 15p 15.25p 4,250 648 BUY O
08:06:14 15.25p 15p 15.25p 2,000 305 BUY O
08:06:00 15.25p 15p 15.25p 2,500 381 BUY O
08:05:47 15.25p 15p 15.25p 6,000 915 BUY O
08:05:41 15.25p 15p 15.25p 600 92 BUY O
08:04:56 15.25p 15p 15.25p 2,792 426 BUY O
08:03:45 15.25p 15p 15.25p 10,000 1,525 BUY O
08:03:42 15.225p 15p 15.25p 32,579 4,960 BUY O
08:03:22 15.225p 15p 15.25p 9,726 1,481 BUY O
08:02:56 15.238p 15p 15.25p 3,500 533 BUY O
08:02:45 15.238p 15p 15.25p 30,000 4,571 BUY O
08:02:34 15.24p 15p 15.25p 25,000 3,810 BUY O
08:01:36 15.2p 14.75p 15.25p 10,000 1,520 BUY O
08:00:57 15.22p 14.75p 15.25p 20,000 3,044 BUY O
08:00:55 15.175p 14.75p 15.25p 50,000 7,588 BUY O
08:00:43 15.22p 14.75p 15.25p 50,000 7,610 BUY O
07:59:55 15.22p 14.75p 15.25p 6,550 997 BUY O
07:59:42 14.88p 14.75p 15.25p 22,000 3,274 SELL

Staying up with the Blue Chips!!

Impressive start to the day.

As speculated by yourself and proptrade.

Next stop 20 p this week??

i just noticed more shares have changed hand so far this morning than SHELL now that's interesting, i think a lot of the CAIRN people are jumping in with some of their profits , as i said on the CAIRN board "it's a free bet" how often can you play with their money ??

Not often.

If I ever get some of theirs, I will do the same.

It's those 20 wells that are drawing the interest. Stike on one and they will be winning, stike of a third and this share will be outstanding. Any more and I will loan the the Government!

Got to dream hey!

I also have 7000 HNR who I think, but can not prove by research that they are partners with SEY along with Woodside?

I have assumed this because of the previous finds in Mauritannia.

over 2million shares traded in the first hour, that is incredible..........

It is about to pop the 15.75p level.

Well, fantastic start to the day, are you still abroad ramraid? if yes have a good evening(?) and maybe speak later.

Thanks for your input, it helped with confidence to hold these till the news came out.

Best

yes mate, still in taiwan, i will have a good evening, SEY are making sure of that today, let's keep this going, we'll obviously get a mention tomorrow, this much trading won't escape the eyes of the anlysts or the financial press..

well i am certainly not on the wacky baccy but feel as happy as someone who is.

simply put this is a great story and will continue to propel upwards on this momentum.

nice dialogue this morning, how do we get this view across to a wider audience?

well seeing as over 4 million shares have been traded so far this morning , i think the wider audience is already taking notice..

agreed, i just couldn't be bothered to type it above!

what i really meant was getting this into a wider discusssion and more importantly having press coverage in the broadsheets.

i think there is a distinct possibility that this could turn intop a cairn situation and i am thinking of having a bit more of a swing in this than i already have...do you have any idea of when the first well will spud?

if they start drilling at the beginning of august, dependent on the depth of water 8-12 weeks is usual ,the wells are normally known as say a 60 day well, 90 day well etc, they are usually behind by a few days, due to weather conditions, technical difficulties etc, then they will cap the well head, by filling it up with cement and move onto to the next well, once the core comes onto the drill floor the geologists will take samples and from this they can tell how many parts per million of oil there is , very scientific, but the geologists can usually hazard a rough guestimate just on the appearance alone.

hope that helps, i was a mechanical engineer so i'm not completely conversant with the drilling side of things, i just made sure they had enough power to drill..