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

Answering my own question "how large?". Large enough that the disclosure of the total amount would materially affect the share price if it were known.

How small are the straws we clutch for comfort!

so its MM madness time again? the overnight price dropping, but its mainly blue this morning, with some reasonable size buys. Someones toppping up quietly then?
"stiffen the sinews, summon up the blood..."

500k just sold at 16.02 - you cannot be serious! I'm Boracic Lint at the moment, otherwise I would buy now in expectation of a rise on the coming RNS, since the SP seems entirely news driven.

I would love some more cash to put in. Wouldnt we all. Good to see there is still an healthy population of PET lovers out there!

Are those PET lovers the same as PCI lovers? They definitely are in my case! Hopefully my PET will allow me to top up on PCI soon. From one golden stock to another!

looks like it will hold at this level till news comes out...

"looks like it will hold at this level till news comes out..."

Perhaps a kick up just before an announcement as punters take a chance on a strike.

What about this scenario. There is a good chance of some kind of oil show, even if there isn't very much. From what we know of PCI the announcement is likely to be very ( perhaps over) confident and the price will go to 30p plus, giving an opportunity to top slice. Followed by a sink back as the penny drops ( or a rise if there is a good quantity).

If the well is disappointing we can wait for the next one, probably buying back in more cheaply. A chance to make money even if the well isn't up to much.

Of course, we all hope for a good strike and a commercial quantity. All I am saying is that the short term chances are not necessarily over yet.

If the big selling stops, the steady stream of smaller purchases could slowly raise the price - we have three weeks yet.

Like the rest of you, the waiting is getting on my tits. That's why I am idly speculating.

Good luck.

CP

"Like the rest of you, the waiting is getting on my tits."
well said cp
perhaps we could release an RNS with this in?

Maybe PET could do the same, a joint RNS...

You guys need patience! ;-))

They'll either come up trumps with the current well and she'll break out or they'll hit a duster and drop like a stone. Get a strategy for both possibilities.

Good point Big Al.

The way I see this is simple. I ask myself, why did I buy this share. The answer is also simple, because of it's prospects.

gav...and they are/will be a great winner :-) roll on to next week!!

BigAl...if they don't strike oil they will no doubt fall, by how much is a good question but with all the other projects and prospects pci have in the pipeline then i imagine the rebound will be quick...then stadily on to new highs...evo says 32p now...and if the lack stuff gushes and I'm confident it will...then 65p at least...but as they say, only time will tell and we will have an indication soon...we are going places which no one can deny :-)

start of something big this morning?

Good morning.

m100...i'm sure we'll see some progress this week... in to Nov now and all sort of developments should be on the cards.......drilling progress etc.etc.etc.

Good luck all :-)

What do you guys make of the brochure of paticulars out at 15.30 today.

regards bowman

one million new shares being admitted this week, is this good or bad news?

PCI can do 1m shares in the opening hour.

Not an issue IMO.

kivver/bowman..there are some good posts on the advfn pci bb which should put forward pros and cons...as big al says...shouldn't be a cause for concern!......now where's that other rns we've all been waiting for? :-)

http://boards.fool.co.uk/Message.asp?mid=8893528

chinapete...ref. above link...obviously not a pci fan!...everyone has their point of view...and who says who's right?...only time will tell. By the way when are you thinking of coming back in? on the advfn site, it looks like a degree of negativity has crept in due to the lack of price movement and many derampers are living in the hope of getting in cheaper...I suppose the more negative news, the better for those who can capitalise on battering pci with the hope of a solid fall...good for them if it works but I'm still confident(taking in the pros and cons and a touch of realism) that we will win in the end.......however long that might take :-)