anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/



weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

Hello proptrade, I'm still a SEY share holder but I've had nothing of interest to add to this thread for the last six months or so. Our team (Arsenal) are going rather well at the moment and making profits too. Rgds goal.

I am in a similkar boat to you prop, mosly cash.

I ahv a few things riding mostly penny shares, high risk, less outlay.

I never did panr, they wee a disappointment when I last looked.

I have TRP will could multibag in a big wasy in the next 12 months, (or not as the case may be!).


Scuse spelling cut my finger badley today.

seawalker-----I wish I could type with my toes as well as you have. ha! ha! Hope the finger improves soon.
2517

great to hear from you guys.... the gunners are doing the business (and i bumped into David Dein last week who seems to have played a poor hand).

we live in interesting times...these markets are either teatering on the brink or i just dont know what! we need a 20-30% shakeout. it is one of those times when if we have a massive drop those wonderful analysts who peer in the rear view mirror will say the writing was on the wall. timing as always is everything!

thoughts?

Rgds
PT

If it don't happen soon it won't this year and when it does occur then it will hurt more.

I think it wont happen...........yet.

SWW

Sorry to intrude while away but been pondering.

Small Aussi oiler Baraka oil ltd has plots 20 on shore mauritania and t11 and t12 further in land.

now Woody farmed into t11 and t12 a while back now owned by Petronas who also own blocks adjasent to t11 t12 i am lead to believe. the rift is ment to run (i am no expert) in the line from ching to these approx blocks. and 3d has just been completed according to the Barakas website on t11, t12.

Just thinking outload gents, SWW or anyone else would value having a look just maybe we may have in Baraka another TRP??

regards

Sorry for of subject but lost your e-mail

As it is IIFC run by Max de Veiri, it could be a good idea.

However, against is that the rift is not performing as expected.

You know the Chinguetti story, what you may not know is that Block 20 was drilled last year to find fluorescence and minute HC shows but not in any type of extractable quantity.

It's all written on the Barkara RNS's to the ASX.

http://www.barakapetroleum.com/ENGLISH/english_index.html

June 2007 report, see reference to block 20

The web site is not up to date as they seem to have ignored the failure.

Any way, the Chinese firm have pulled up sticks and left block 20, and it looks never to be drilled again. Sorry to be woolly on names but I did not need to remember them.

If I can be that well known pessimist, that actually called Chinguetti correct before it was developed but failed to sell my relevant stocks >:(, I think I would not buy BKA just for Mauritania. The rift really does have to prove it is viable on it's own without problems in production before expanding outward.

As far as comparing BKA with TRP, forget it, the only similarity is that both are penny shares.

TRP is a wild punt but based on information that the Albertine Rift is holding vast quantities of oil, yet to be pr oven in TRP's block 5, but you know when you look at the tectonic map, there is an extremely high likelihood that the oil is in block 5 based on the surface tectonics and gravity anomalies.

The drills so far in other blocks average 70% of success for commercial oils, 100% if you include that which was CO2 charged at Turaco. So every well has hit oil in the Albertine Graben since drilling in 2004.

The hunch is therefore high backed by good evidence albeit circumstantial.

If you want some advice, leave BKA alone. they could do it, but the odds are they wont in Mauritania. As far as TRP, the odds and confidence is quite a lot higher.

As I have emptied out the back of my mind to answer this, I must now add, no advice given and please do your own research here as I have, you may just come to another conclusion that has as much chance of being correct.

I have reinstated MAM messenger for you.

Square, is this you?

Spotted this person today while out rambling with my telescope ;-)



If it is be very care of that overhang!!

Forgot to mention you may be climbing this weekend, I do the same only with slopier slopes in Horton in Ribblesdale in just under 2 weeks with my dog.

He is useless at belaying, he does not grip the rope hard enough, so that why we do fell walking.

LOL SWW, I can just picture your dog belaying at the top.
I wonder if he could be trained to do something useful at the top of the TS well head.

Is he any good at stock picking??!!

if he picked this one, he can't much good

Posting to displease again cynic, do remember to take care when dealing with dogs, some have very sharp teeth.

and some, like SEY, GOO, AMER and even more so, SEO and a number of other "faves" are just mangy DOGS!
rose coloured specs do not make the view any different to the realist

yes queen1 he is..

Trouble with him is he sells too early, but always banks a profit!

He's done so well that he buys Eukanuba Breed Specific and adds some nice Winalot Traditional.

And he takes me down the pub for a blow out once a week without fail, sometimes leaving me there which is not so polite.

how often do you care to remember the times when you failed to take your profit or let a fairly modest loss turn into something horrid? ..... confess to both the above with VOG (though at least i got out at about 90) and TMC (which i still hold)

I have done the same but I think I have learned to take the hits sooner and more cheaply by now.

Glad to hear it SWW, especially re the profits! Hasn't had any puppies by any chance that I could look after during these turbulent times?!

arguably not too late to short NRK or to buy POG or IEC

been away have we it oil.or gas or anything.only 3p and i will be level.

SWW

Thanks for your input ref BKP have to agree. just wondered if it was the same age rock they tarketed in 20 from memory it was the cretasous?

Anyway sorry not me that you saw has a better arse mine would be hitting the ground out of the strapping. genes and a tight pair of pants with uplift and inlift for me :-))).

Regards