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

i don't think they're much interested in gas ..... it's oil they want and need and i really cannot see why any of you guys would want to buy into this tinpot company with a bad track record

I'm in for the rest of the ride.....I had doubts from the very start but because of GKP and HOIL and AXC having achieved great results decided to take a risk...at a loss but hey !.....there is a very big chance of a large gas find here which could send the sp skywards.....so will stay put but boy ! you have to be patient with this one...another thing is that : I think that the chairman was the boss of Emerald Energy and that was very well run so .....dont think that he would sign up to anything....

"i really cannot see why any of you guys would want to buy into this tinpot company"
I don't. I want to get out at break even or better! Sometimes, having a punt on a risky drill pays off. This one hasn't.

To break even Harry...double up !.

Of course that might work.

Then again you could be doubling your losses!

I'm expecting a surge forward on drillbit recovery......

I thought one should always average down on a rising chart??? It looks like a falling meat cleaver atm.

Why is the price up today ? Do insiders know something that we do not ?
Have they recovered the drill stem ?

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mnamreh - Maybe we shall have a RNS any time soon, after all the insiders know.
DES is Falklands, and all the world knows GKP have oil just about everywhere.
It would be good to see somekind of acurate valuation made for GKP in relation to the proven and probable reserves and the market capitalisation. Is it still cheap or what !

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Harry, one should always average up! Not down!!

I'm sure you are correct, pth. I feel my comment was highlighting the lesser of the two sins!

This has woken up !......drilling to continue into target area ?.....could be the turnaround of the century here.....(I'm only dreaming)....

Let's hope you have a wet (oily) dream then rf!!! ;o)

Up 20p in 2 days.....

Something afoot here.....one hell of an increase here.....

Looks like I was right to buy some more about a month ago....

Was 60p at closing on 29 Dec - now 85p / 86p = 41% gain in 2 days

We must have some good news shortly ?

Someone wants the shares -
they have probably got hold of the broken drill stem