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

Now looks like 10p is a barrier. 0936 hrs.

Im sell at 9.5.

And everyone waiting to see how low they will go!

BLR is drilling today

The 9.1 trades are BUYS. inc the 55k!

As I said, it may not rise.

Am disappointed to see 9p support fail lat on today. Keeping an eye and expecting 7-8p short-term. I'd possibly buy again at 7p, but if that goes then I'd expect 4p thereafter.

Best of luck, folks.

big al...wishful thinking...looking to buy some more perhaps??? what a load of botox...do you ever give up??...i expect a recovery sometime this week now the dust has settled from the ridiculous over reation last friday...can see us back to the 10 - 11p range pretty soon...but as they say dyor!

Cant get my head around the price, every time it went above 17p there were big sellers as if some one knew what the outcome would be.

rooandu - I said quite a while ago that if things turned sour we'd likely see 8p.

Wasn't far off! ;-)))))))

goal...looks like some probably did hence the price stuck at 16-17p range...but ST is only part of the equation and there's more important developments ahead...the sooner pci release details on their algeria interests and others...then confidence will be quickly restored.

Shorting of this share is rife at the mo with claims the sp is going to fall even further...genuine holders would be expressing a positive outlook and certainly inclined to talk the price up rather than down...

big al...agree...but then that was the high risk of this play...a jolt to 8p does not suprise me with all the hype over the last few months and failure to fulfil peoples bloated expectations...however, i can't see this falling any further and a recovery whether you like it or not is on the cards...ah, and i nearly forgot, i don't like know alls and in my experience, they're rarely always right ;-)

ROFLMAO!

Whatever cooks your goose. ;-)

Good on you Al, respect for admitting you took a hit, not many own up to that! Havnt lost much as had sold most of mine and hadnt got back in but it will be a stock i play again, I remember buying at 2p the first time!

amber - I got suckered into believing they'd definitely hit something, but such is life. Reduces the CGT bill anyway.......


...........unless I make it back. Fortunately, NLR was a big help today. LOL!

rooandu,I sold @9.5p on Friday After buying in @ 15.25.I shall be watching PCI hopeing to buy in again when all the dust has settled. Best wishes to all who hold on.goal.

big al...just in time for christmas hey :-)

amberjane...you lucky person...well done!

Big Al, didnt tell me about NLR, see you've dipped out of the Xmas do but i'll save your punishment for another day! What's a CGT bill? :>)

Roo - Yes OK, luck played a big part, although im an impatient sorta person and they hadnt been moving much which is why i sold, no other reason!

goal...sorry you took such a hit but good luck with your other interests... perhaps we'll see you back when the time is right :-)

amberjane...head of the game!...great move..we're all learning, some the hard way but that's life :-)

Have followed this with interest, personally i think that when things like this happen (which aint so bad, its just halved not dissapeared without hope) its best not to come onto threads preaching and giving advice on how to proceed whether its sell/hold or add.
Just a quick answer of either i sold myself because......
or i'm holding because......
would be best imo.

I think the problem with most who have posted is how can a share steady c 17p tipped for 25-32p with future potential can suddenly do this crash - Compare this with two minnows, BLR, NOP, currently increasing. Was it over hyping, lack of management skills, - the news wasnt bad, in many ways it was good, oil is there in the drilling area, they ran out of time - the company hasnt changed, investors have put money to what in effect is a going concern. Whether you have made or lost a fortune doesnt matter - the whole thing smells fishy to me... what have the directors of pci with shares done - would be interesting to see?