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Petro Matad oil explorer in Mongolia (MATD)     

mitzy - 02 Dec 2009 17:35

Chart.aspx?Provider=EODIntra&Code=MATD&S

Latest Proactive Investors report..http://www.proactiveinvestors.co.uk/companies/news/10809/petro-matad-exploring-for-oil-on-chinas-doorstep-10809.html

Currently 14p to buy.

required field - 19 Apr 2010 21:17 - 121 of 667

Thing is : any news about what the drilling news for the neighbours is ?...I know they struck oil or something and they are just a few miles away....

halifax - 20 Apr 2010 01:13 - 122 of 667

heard that one before ....somewhere.

mitzy - 20 Apr 2010 08:25 - 123 of 667

Spudding news very soon.

mitzy - 21 Apr 2010 09:05 - 124 of 667

Drilling a week away.

mitzy - 23 Apr 2010 10:58 - 125 of 667

Expect an attack on 50p next week.

cynic - 23 Apr 2010 12:09 - 126 of 667

maybe so, but as this is MM stock only, 50p actually implies bid price of no more than 48.5p - which is a whole 2p more than current offer, and in blocks of only 5,000 = 100 profit less expenses!

mitzy - 25 Apr 2010 21:35 - 127 of 667

This could move much higher next week possibly 50/60p depending on the news.

cynic - 25 Apr 2010 22:13 - 128 of 667

is that the spread you envisage?

mitzy - 26 Apr 2010 07:44 - 129 of 667

Yes its a crap share @14p lol..

mitzy - 27 Apr 2010 08:58 - 130 of 667

This is heading to 90p by Friday.

required field - 27 Apr 2010 08:59 - 131 of 667

Blimey.....it's soaring.....

cynic - 27 Apr 2010 09:00 - 132 of 667

if you bought at 14p then you should have taken some profits along the way ...... i keep an eye on this one, but as i said, the spread is silly and from memory it's solely MM controlled which i don't care for much

mitzy - 27 Apr 2010 09:01 - 133 of 667

Anyone else in..rf..?

required field - 27 Apr 2010 09:11 - 134 of 667

EK...I think....it's about to resume a drilling campaign....perhaps somebody close by has hit an oil jackpot....

mitzy - 27 Apr 2010 09:20 - 135 of 667

EK has atarget of 1000p and thats for one block..they have another 2.

cynic - 27 Apr 2010 09:50 - 136 of 667

at least spread has narrowed to 2p = 57/59, which isn't great but could be worse .... just 4 x MM and only 121k traded so far ..... an interesting punt for the greedy (me?), but easier to lose 80% of stake and more likely than 10.00

mitzy - 27 Apr 2010 09:58 - 137 of 667

My target is 2000p cynic.

cynic - 27 Apr 2010 10:28 - 138 of 667

behave yourself mitzy before you get a smacked bottom, legal or otherwise!

mitzy - 27 Apr 2010 11:02 - 139 of 667

lol..

cynic - 27 Apr 2010 11:22 - 140 of 667

now you're getting over-excited again .... mother superior will send you off to say 20 hail marys and stand for an hour in the church porch with a notice of your "crimes" around you neck ...... she would have proposed flagellation as well, but now she knows the effect it has on you!
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