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so are the markets in general ..... fear takes hold once again

It is time to buy gold again.

I think so bought into Cluff this morning, BOR looking rather dull at the moment.

where have all the rampers gone....is that a cue for a song?

No point in ramping anything ......they are probably taking a hit like everybody else....

67p now.

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They are long sold, been buying more FOGL.

And yes, that does mean I have no further holding in BOR and will be buying again - all into FOGL now as whatever happens with Stebbing result, good or bad, its going to get sold off and the rise on FOGL into Loligo spud will be big on BOR good news and still good on BOR bad news.

So no point having BOR anymore, imo.

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Its a great buying day ! I took another 10K FOGL at under 80p so well happy.

Sit back and relax and wait a couple of months..........thats what you need in this market, long term planning.

i think that's a pretty brave move ..... the inherent risks are obvious, but the major worry is the markets in general ..... though the greeks look as though they may be stepping back from the abyss, the markets are likely to stay volatile to sharply downwards for some time to come .... thus what looks cheap today could easily be much cheaper tomorrow, especially these marginal AIM stocks

I've sold half of BOR and FOGL this week, taking a small profit, why hold or by when the markets against you.

Proselenses - Falling knife springs to mind right now, good luck with that.

I posted the FOGL short chart on the FOGL thread.

Below is the present stock on loan chart for BOR, as you can guess from the share price fall and the stock on loan rise - lots of people are presently short BOR - but this means there will be a big price spike upwards ahead of Stebbing results as all the shorts close out.




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Can't be bothered with the FOGL thread P, theres more rubbish on there than useful information.

I'm still long on BOR but not as exposed as I was a week ago. Same goes for FOGL still long but not as exposed. Should see 100p again on BOR I think, this is waiting for maybe more... I think FOGL is over priced currently, I'm sat on decent unrealised profits so I don't mind being able to sell my futures at a premium.

If Stebbing has an AVO anomalie : it might or should be either gas or oil ......if it's another big gas condensate discovery : the two tied in together would be commercial perhaps and if it's oil,.. well who knows...but from what I gather there is something there if it has an AVO....

My guess is that the market will really sit up and notice these southern licences if another big gas condensate discovery is made ...two out of two with a dozen other prospects around should attract the big boys.....even better if they find light oil.....but another gas reservoir of a decent size is going to set the ball rolling...

Could be a dramatic change of fortunes for Borders and Southern's sp once again should a column of oil be found as they drill through the layers of rock.......several reservoirs in this drill from what I gather.....might even get an update this time round as the well gets deeper.....tertiary rocks have shown someting's down here in the seismic !...sp in my regards has been knocked down far too much.....pretty big chances of gas being also found as we are only 25 miles away from Darwin with a large gas condensate discovery under the belt....another discovery like that would probable confirm a viable gas project.

Perhaps 1000m down by now......no signs of panic.....things running to schedule by the look of things.

nor any signs of excitement - present company notably excluded