Silly get rich quick schemes in nonsense companies (actually Cyan I quite like after reading about them, but the oil and gas ones, just total gambles) will never work in the long run

Lot of O&G are gambles. A few I am interested in are
Bowleven who have 500m+ oil reserves & 1b in gas off the coast of cameroon & have singed a MOU to supply gas to a fertislier plant thats going to be built.

Xcite Energy, who have 250m reserves in the north sea & they neighbour smack on the Statoil spoke & hub facility - so is an obvious takeover target due to the location & safe waters.

Desire - they have a share in the only commercial discovery in the Falklands - very low SP atm, but needs to be taken over - more of a long term punt!

Gulf keystone petroleum - CEO in court atm as another person is trying to claim 30% of the company - the SP is currenty 150-160p so thte 30% has already been priced in.
They have massive amount of reserves though. 15billion barrels of oil. Downside is its in Kurdistan so not exactly a safe part of the world. Upside - £15+ a share its true value!

He has a good point there, if I'd have 1k spare 6 months/a year ago I'd have slapped it in Intel at its lowpoint (I was talking about it for ages to Sam/Matt), it was at 19 now back up up to 25, easy money and dividends to be had too. That's just one example, some of them Sam bought like Deutche Bank had amazing booms.

Quote from: Clock'd 0Ne on June 19, 2013, 15:00:20 PM

He has a good point there, if I'd have 1k spare 6 months/a year ago I'd have slapped it in Intel at its lowpoint (I was talking about it for ages to Sam/Matt), it was at 19 now back up up to 25, easy money and dividends to be had too. That's just one example, some of them Sam bought like Deutche Bank had amazing booms.

funnily enough.. its rumoured to be Deutche Bank that is keeping XEL, BLVN, GKP under checked with their short selling tactics.

Your mate at DB told you that ?

I'm still pretty much as is,  but now put a couple of hundred into JLP as they look to have a complete package for mining and refining platinum.

I've done really well on Cyan and Bitcoin though the latter is surprisingly static in the last month or so.

Another oddball is shares in BrewDog, I bought them 2 years ago as I like their beer and you get discounts (I also knew that their hideous advertising and branding reels the mugs in) 4 shares cost me £95, tomorrow they're releasing more at £95 each.

USOP is very much down on paper, but the exchange is bonkers to say the least and I've been averaging down.

I'm not selling mind, everything I hold is long term, last year has certainly been a learning experience, some highs, some bad lows!



I remember the convo about Intel Nige and I thought it was a sound plan, alas as you said you'd need to stick £1k min in as fees would rip your pantaloons down, though looking at it perhaps not, ah well

I'm still pretty much as is,  but now put a couple of hundred into JLP as they look to have a complete package for mining and refining platinum.

That'll be why they're down 75% last few years then.

I seem to be the odd one out on this forum as the stocks in my account go up.

Quote from: matt5cott on June 19, 2013, 23:09:37 PM

I'm still pretty much as is,  but now put a couple of hundred into JLP as they look to have a complete package for mining and refining platinum.

That'll be why they're down 75% last few years then.

I seem to be the odd one out on this forum as the stocks in my account go up.

does not mater what they was a few years ago. Its about what price you buy & sell at.
A few years ago they prob had a lot lot lot less shares in issue. Funding is the biggest problem about any aim. Especially minerals.
If they dont hit a payload, then they need more funding for next campaign.
If you get in & out at the right time, then money can be made. They more of a punt than anything. Spread thin across quite a few stocks & hope for nice rises.
Sell at your target & stick to it!
My pension pot is doing fine. Thats up 40%

Quote from: Eggtastico on June 21, 2013, 08:26:20 AM

My pension pot is doing fine. Thats up 40%

Not bad in a market up 300% in 4 years

then im on course as my sip is only 6 months young ;o)

Indeed.
Also lovely rns from gkp today.. Going into production in the next few weeks