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Wished I had had Gibbys guts this morning and bought at 8p and went when they were 12p I could not find the balls (not that I have any) stupid, stupid woman could have had a good weekend ha! Not as stressed as yesterday though.

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Can't wait for closing tonight and have a rest from it all. Yep fingers and toes.

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the 0.50p spread 11.25 / 11.75p is not an indication of the prices being paid for any dealing

it has narrow just now to 0.10p 11.45 sell and 11.55p to buy

Yes - I am not a professional - just a born looser!!!!!!!! Had some fun though and some hair raising times and a bloody awful 3yrs but that is the name of the game.

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and UP she goes as some good size trades are showing on the ticker, someone paid 12p for 100K when offer was 11.75p

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yeeeeeeeeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

have a great weekend all

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You to, it would have been better it I had chanced it, did not but may have a serious think on Monday depending on what happens. Enjoy the break.

quick check in...... interesting rrl extract & link - but keep an extraordinary eye on red emperor rmp monday - should do well apparently - likely at very least an early spurt i am told..... & yesterday...

http://www.stockopedia.co.uk/content/barney-gray-of-old-park-lane-capital-talks-oil-liquidity-and-range-resources-58780/

Range Resources, a client of yours, has become a hugely popular stock over the last 18 months. What has that company got right and how does that fit in with your view of what investors are looking for in junior resources companies?

There is almost a magic formula which involves an element of production that throws off some cash flow, which enables you to pay your bills and gives you the leverage to raise more money and go and drill some nice low risk, high impact exploration targets. Not many companies fit into that particular mould but you can get there with some very astute deal making. A small company with production enabling it to spend on exploration is very rare. Range Resources have done this but you cant do it overnight. You go back to the beginning of 2010 and their share price was less than 4p. The market got excited about some exploration assets they had in Puntland, and obviously Puntland still hasnt drilled yet, but in the meantime they were able to use the cash they had to get into some production assets in Texas. That was all about timing, skill and judgment.

A distressed partner drops out, wells cant be drilled, so you come in with a couple of million dollars and you say: Im your man and then the drilling commences. You have to be opportunist, you have to know where the opportunities are because simply buying production is a very expensive game, you have to have something extra on top of that. With that they bought into Texas and then they started shaping up the Georgia prospect and then Puntland is getting closer, although it is a slow process. In all that time they didnt drill an exploration well but now they are, the time is right and they havent put a foot wrong really. Trinidad was a great deal, we are really impressed with Trinidad. Straightaway, they have got the cash from a share placing, they have got a 21 well development programme and this is still an oil junior. They have got exploration wells going down and they are still producing in Trinidad and Texas, what a cracking, diversified portfolio. It is a great example of what you can do to get your market cap up by a factor of 10, which is what they did. You need a little bit of serendipity, sometimes you need the cards to fall in the right way for you, but that was astute deal making and now they are drilling bang on the right time and scouring the world for good assets.

Good assets will always be out there and attract the right investment, and obviously us being able to tell what is a good asset from an average asset is obviously paramount, we have to be able to do that. If you have oil juniors come along with mediocre assets they are probably going to find it hard a $100 oil price isnt quite enough incentive. Sometimes it is all in the presentation, you have to present well, you have to build a very, very convincing, straightforward exploration case. Keep it simple because complicated small companies are not something I think investors like.

rest of article ok also.....

yeeeeeeeeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

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lol - i think tb must be stalking me!!

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