http://www.falklands-oil.com/

http://www.rockhopperexploration.co.uk

http://www.argosresources.com/




Rockhopper was established in 2004 with a strategy to invest in and undertake an offshore oil exploration programme in the North Falkland Basin. It was floated on AIM in August 2005. Rockhopper was the first company to make a commercial oil discovery in the Falklands. Today Rockhopper is the largest acreage holder in the North Falkland Basin, with interests in the Greater Mediterranean region.

Plenty of talk but not about shares at the moment, it looks like some were doing the wrong move last Friday....

Do stop taking the Pis- from the poor sods

Some selling whatever was left, and the others selling short, what a life.

Have you noticed, .........I am long, ..........yes one day too early

Shares holding close to the high of the day 326 / 328p, waiting for the intraday top and then up you go again

ARG and DES doing much better at the moment

They are on the GOOOOOOOOO now 332p offer

they are selling DES and buying RKH just now

Order book much stronger at the moment

458K v 298K

Gone the magic pivot 333p and 335 is the offer price now

Morning Hil.

give it a rest the shorters are going to panic and sell when they should buy back

Do stop taking the PIS-

Eh?

Is going for 340p

as this rate "pro" is going to get the money back, from the the last TOP UP

Have you noticed it even rhimes

i know fuck all and happily admit it .... however, i'ld have thought that if the break through 340 holds (it's trying to), then 370/375 looks a distinct possibility

Did you like that, DelBoy?

:o)

It's an honour and a pleasure to share your squelchy step - again.

From a post on AFN :


Cannacord morning note:

Rockhopper - RKH LN

I made some comments regarding RKH to my sales-desk here on Friday afternoon and thought I'd repeat them this morning, given what I believe is an outstanding buying opportunity. Last Wednesday we downgraded our NAV from 641p/share to 545p/share on the back of the reserves downgrade by the competent person. Although reduced, our new target price is still 86% above the current price. Whoever is selling/shorting the stock, as suggested by the downward pressure on the price last week, is running an enormous risk of being caught out. Investors buying today are doing exactly the right thing by getting involved at these artificially low levels. I'd highlight the following points:
86% upside to NAV

announcement likely soon regarding extension of rig contract with appraisal well possible in February

successful appraisal well could easily imply that the 242m barrel reserves figure is indeed more appropriate than the 170m barrels, ie taking our NAV back up to 641p/share

Rachel well result was bad for DES, largely immaterial for RKH - they only had 7.5%

a placing at these levels (300p/share) is not hugely dilutive compared to a placing at 400p/share - the difference is 225m total shares at 400p vs 236m shares at 300p, ie only 5%

retail sellers are typically short-sighted - this fall could reverse very rapidly

Finlay Thomson
Oil & Gas Specialist Sales

No PAIN no GAIN

No wonder there is no much going on at this thread, much of them were wrong footed last Friday ( capitulation )
and when Capitulation happens, then is time to BUY not sell,

no wonder they admit to know FUCK all ............ see below

from the DES thread ..........

cynic - 15 Oct 2010 20:04 - 4994 of 5004
on a much saner note

hali - if you didn't see it already, many thanks for kicking me so i sold most of my RKH yesterday and suffered relatively little pain .... i'll hold the remaining RKH but am happily well out of DES

RKH
holding well, though some profit taking and holding around the pivot 333p

DES
some large profit taking on the last half an hour

i'ld rather have my my money in RKH than DES.

DES's sidetracking looks to me like a (last) desperate throw of the dice, and though there was good quick money to be made here (DES) this morning, i think you've got to be pretty brave to keep holding in the hope of much greater profit - i.e. back through 100

.

Me too at the moment, but maybe it was the UP movement this morning that put you on a BAD MOOD.

Not maybe I am sure, or maybe I am a bit of a cynic

cinic - I think the morning honey got stucked on you finger

You seem nervous Cynic!!! ;o)

cynic

re - DES

They have a good reason to do that, do not forget the data was very positive, though the oil has migrated they had reached the conclution, is better to looking around with the sidetracking, any RKH holder will be glad if migrated to our sites

not at all ..... as i said previously, i'm glad i bailed out when i did, and thus protected the profits i had already stashed away ..... in fact, i had a little dabble in DES this morning, and though i gave back some of the gain (greed again!) i banked more than enough to treat Emu to a pie and a pint at Christmas ...... have bought back a few (more) RKH on the simple logic that they actually have oil, and Cannacord are a respectable bunch, so i thought their analysis worth some attention