THIS NEWS WILL CERTAINLY MAKE THE SHARES INCREASE WHEN IT IS ANNOUNCED.


In March 2003, First African Oil Corporation, a wholly owned subsidiary of
Circle signed a two year exclusive reconnaissance licence with the Government
of Namibia covering approximately 146,000 km2, an area more than half the size
of the UK. The Licence is one of the largest in Africa and the Namibian
Government holds a 10% carried interest. Within this concession area, and with
the benefit of a valuable dataset of previously acquired technical information,
Circle believes there is potential to produce significant quantities of
valuable hydrocarbons. An aerogravity survey was carried out during the summer
at a cost of 415,000 and initial results of the survey are very encouraging.
The final report on this programme is due within the next few weeks.

tipped by PennyShares today and apparently by ZakMir on a technical basis.

loads of possible news due, just a case of holding and adding in the meantime...

This has a barrier at the 40p level. If it can get through and consolidate, I can see 1 in the shares

38.5p is the first downtrend line we must hold above to move into a new uptrend..

Two 500k buys today. Something brewing?

4 x 100k buys on Friday, a lot more volume here and +ve comments in the IC. Looks like the bottom may be breached, onwards and upwards to Xmas now.

Any news??

??

Looking Good..

http://www.timesonline.co.uk/newspaper/0,,2706-1900864,00.html

2nd good day in a row from this although I should admit that I am only just about back to level from already holding.
Now must go and read Times!

Unconfirmed statements over the other side that "requests for information" to John McKeon, Director of Business Development and Marketing, were met with "news very soon" and"investors should look forward to a good Christmas".
Also from David Hough, Chief Executive, "I normally get a quick reply but so far he's keeping mum"
City presentations this week were apparently by all accounts very well received.
Good to see the stock overhang cleared
So are we all set for a prelude to important news.

Word is that the institutions are now buying, as they know news is coming

2 huge buys of 4.7M
comments anyone?

get up early and enjoy the ride

On what basis are you saying that,if its a fact than i will other wise i need to catch some sleep.

Look no further for the next multi-bagger

I hope you are right.
I read, right or wrong, elsewhere that director buying in the past month means that no announcement is possible before the 19th of December although I am no expert in these legalities. So we may yet get the good Christmas alluded to by directors!
Anyone else here in Tertiary Minerals (TYM) which had a spectacular rise today!

Houston we have lift-off, WeeeeHaaaaaaYeeeee

Talk elsewhere of positive presentations in London this week? Directors apparently flying in from all corners of the world? 4-5 announcements expected soon???
Can anyone on here confirm any of this?

Hello,

Could you point me in the direction of the 'talk elsewhere'? I am currently sitting on a loss with COP. I bought into COP back at the beginning of Sept and have seen nothing but a loss. So any good news/potential good news would be nice! I have google alerts set for "Circle Oil" but nothing major has turned up. Thankfully positions in BUR/PRTY and AVM have more than made up for my loss.

Regards,
Jon

News leak, COP on the move now