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

Now thats what I like to hear Grevis, confidence!! Heres a link to a chart I found earlier. Dec 2007 long term oil futures, up to $32.

http://www.futuresource.com/charts/charts.jsp?s=CLZ07&o=&a=D&z=610x300&d=medium&b=bar&st=MACD%2812%2C26%2C9%29%3B

Just had a look. Oil is going the same way as PCI, UP!

We now have 17p!

Looks as profit taking is about to drive the price down.

Down she goes!

Some profit taking was always going to happen after the surge the last few days. Doesn't change the bigger picture one little bit to me though!

gavdfc: Couldn't resist the temptation to take profits. Sold out at 16.65p

Good profit for you then! I'm still holding, waiting for the results of drilling.

gavdfc: I didn't stay out for long. Just bought them back at 15.73p.

A quick spot of trading then! Nice little profit for you. Was going to try that when ASC were rocketing earlier this year, but always worried about calling the bottom to buy back in!

gavdfc: I enjoyed that!

Profit will pay for a few more Hamlet's!

Just going to take a break and have one.

It looks as though PCI may drift below 15P. Think we may have peaked this morning unless some big buyers turn up again.

down to 7.94 now. I sold earlier on and made some good profit. I will defo get back once the prices stabilises and TA looks good again. Good luck

Looks as if we've had the pullback now. Was always going to happen after the last few days gains. I go out for a while and this happens! Still, it's been a great week so far. Back to 14p on the bid now.

Looks as though Gartmore are responsible for the fall. They've taken some profit and have sold around 2.3 million.

Petroceltic International plc
9th July 2004
Petroceltic International plc ('Petroceltic' or the 'Company')

Holding in Company

The Company has received a notification from Gartmore Investment Management plc
stating that Gartmore Investment Limited, Gartmore Global Partners and Gartmore
Fund Managers Limited hold, in aggregate, 38,945,349 ordinary shares of 0.0125
each in the Company, representing approximately 7.76 per cent. of the Company's
issued ordinary share capital.

9th July 2004

Seems that way Grevis. But they still own a bundle of them though!

Looks as though we may be in for another surge!

Offer has just ticked back up to 14.75p!