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.

very much to my surprise, though i'm certainly not complaining, sp is holding up very strongly indeed and remains within a copper or two of its high for the day

cynic sp holding up quite well 235p looks like a big wish.

no worries to be honest .... in fact, such is the continuing strength that i feel my non-greed resolution weakening!

cynic isn't it strange marky is so absent, maybe he is on the beach somewhere in the south of France?

give the boy his due, for he has been promoting these stocks for ages and ages - i see this thread started in 2005! .... i'm very much a parvenu and late convert, but have done very well out of it

cynic not criticising marky except his dislike of BOR which is surprising as he started that thread and doesn't want to recognise the potential since they have over 100m cash to cover the cost of drilling later this year.

i saw that; very strange even though it's a stock that does not get me very excited, at least for the moment

anyway, the die are now cast for RKH, for it is surely almost certain that they'll put out the report before market open on tuesday

.

cynic not entirely in agreement as the 10/15 days will not be up until 3rd june if no RNS on tuesday would expect the sp to move up nearer 300p.

3rd is wednesday, but i would have thought pre-open on 1st would be perfect .... anyway, no way to guess and let's just hope there's no scare stories in the press in the meantime

cynic your callendar is different to ours which suggests 3rd june is next thursday.

jewish loony colander calendar - it selectively sieves dates to suit! ..... would hope it's before then as i fly to dubai thursday lunchtime, though shall not leave home/office until about 11.00

Bought a few more this afternoon...hoping for a good result that at least keeps this up....the problem is whatever happens here affects the others....

Most interesting, earlier this week the rumour has been they are not interested in raising additional funds presently, but that can I suppose goes with the "at a significant premium" - in other words the money has come running to Rockhopper and some parties want to be on board, and are willing to pay way over the top to get a slice of the action.

Everyone has a price...... this news is most interesting. Thats the benefit of a 100% holding, you do not need to raise cash, you can farm down, but the case at point here is, has someone offered a very sweet price ? 375p ? higher ?

Again its worth reminding people, the Chairman of Rockhopper, Dr Jungels, is a heavyweight in the oil and gas industry, when he says its exciting, its exciting. If he says to a group of investors you should slap some money in here but you will have to pay at least xxx, but the return in the coming years will be superb and this is just the start, people will listen.

So will the coming news be a farm out ? or a fund raise at a significant premium to yesterdays price....... ? Perhaps its a farm out deal that values the barrels at significantly higher than the present share price ? or is it pure cash at a much higher price ?

Whatever, I am not selling, not trading and simply happy to hold.

The old saying "Run your winners and cut your losers" ...... why are people always in a rush to sell their good stocks, and so adamant at holding the losing stocks.




http://www.dailymail.co.uk/money/article-1282323/MARKET-REPORT-Good-riddance-queasy-May.html?ito=feeds-newsxml

.............Falklands oil explorer Rockhopper gushed 11p to 262.75p amid late rumours of an imminent fund-raising at a significant premium to the prevailing price. The group's Sea Lion well, drilled in the North Falklands, recently struck oil, the first in the area............................

Size matters....... oh errrrr........

If the initial reports are to be 300M barrels recoverable with potential for further larger upgrades after appraisal well, then, circa 1000p potential for the 300M and allow a decent discount, one Could, and I say could, suggest perhaps a 25M share placing at 400p to raise 100M pounds might be the news....... ?

Who knows, but it adds more to the story..........

Investment extra: When the boss has faith
Niall Sweeney
29 May 2010

Top of the pile is Sam Moody, the managing director of Rockhopper, the oil & gas explorer drilling off the Falklands Islands. Sam dug deep and spent just over 75,000 buying 242,980 shares at 31.25p in June last year.

Three other directors, including the chairman and finance director followed.

As the article states, No one knows their own company like a director.

For full article see.
http://www.thisismoney.co.uk/investing/share-tips-and-fund-tips/article.html?in_article_id=505407&in_page_id=23

http://www.bgs.ac.uk/falklands-oil/download/news.pdf

Falkland Islands Government
Department of Mineral Resources
Newsletter May

Sam didn't dig that deep , 75,000 must be small change for him.

now that US is banning deep-sea exploration and drilling in all probability for the next several years, surely those companies who now have significant proven reserves will become even more important targets for predators.

many of you may like to think that this instantly applies to RKH, but of course it doesn't - at least not for now or even for some time, and that assumes the hype is borne out!

directors are as blind as the rest of us as to what lie's beneath.... they live in hope that all will come good..