Share dealing - 350z Tip Club

[captain]

My book cost of £98.27 is now worth £111.38

 

Top stuff.

 

When it hits 50p we'll have a party.

 

I'll pay.

 

My book cost of £1, 999 is now worth £4, 609.

 

...the party is still on captain though! I know his buy in average and number of shares owned......lets just say it makes maths more exciting!

 

Where is the party? Trinidad, Georgia, Puntland, Texas?

 

I've bought a few more since then Cragus.

 

I'm off to Texas in April/May. Happy to buy you a plane ticket to Houston if it hits 50p.

 

Will be visiting the oilfield to say some prayers. I'll do requests in any religion you like.

 

Maths currently my favourite subject.

[Cragus]

My book cost of £98.27 is now worth £111.38

 

Top stuff.

 

When it hits 50p we'll have a party.

 

I'll pay.

 

My book cost of £1, 999 is now worth £4, 609.

 

...the party is still on captain though! I know his buy in average and number of shares owned......lets just say it makes maths more exciting!

 

Where is the party? Trinidad, Georgia, Puntland, Texas?

 

I've bought a few more since then Cragus.

 

I'm off to Texas in April/May. Happy to buy you a plane ticket to Houston if it hits 50p.

 

Will be visiting the oilfield to say some prayers. I'll do requests in any religion you like.

 

Maths currently my favourite subject.

 

If its a return ticket you might have a deal! Money is my religion!

 

share price times number of shares divided by 100 = lots of wonga!

[Harman350z]

I dont fancy a party in Puntland

[kevlo]

Couldn't believe when I saw it go over 20p

 

Well done captain lookin good fella!

[Sarnie]

My book cost of £98.27 is now worth £111.38

 

Top stuff.

 

When it hits 50p we'll have a party.

 

I'll pay.

 

My book cost of £1, 999 is now worth £4, 609.

 

...the party is still on captain though! I know his buy in average and number of shares owned......lets just say it makes maths more exciting!

 

Where is the party? Trinidad, Georgia, Puntland, Texas?

 

I've bought a few more since then Cragus.

 

I'm off to Texas in April/May. Happy to buy you a plane ticket to Houston if it hits 50p.

 

Will be visiting the oilfield to say some prayers. I'll do requests in any religion you like.

 

Maths currently my favourite subject.

 

 

So seriously, how far are you expecting RRL to go? At what point are you going to get out of RRL?

[captain]

My book cost of £98.27 is now worth £111.38

 

Top stuff.

 

When it hits 50p we'll have a party.

 

I'll pay.

 

My book cost of £1, 999 is now worth £4, 609.

 

...the party is still on captain though! I know his buy in average and number of shares owned......lets just say it makes maths more exciting!

 

Where is the party? Trinidad, Georgia, Puntland, Texas?

 

I've bought a few more since then Cragus.

 

I'm off to Texas in April/May. Happy to buy you a plane ticket to Houston if it hits 50p.

 

Will be visiting the oilfield to say some prayers. I'll do requests in any religion you like.

 

Maths currently my favourite subject.

 

 

So seriously, how far are you expecting RRL to go? At what point are you going to get out of RRL?

 

£1.33 gives me a nice round figure.

[captain]

Influential blogger mooting a 300-500p valuation on RRL:

 

http://brokermandaniel.com/2011/03/02/r ... -the-city/

 

"Range Resources. Hotting Up in the City!

2 Votes

 

Shares in Range Resources (RRL), which I have blogged on several times on the BMD site, are surging ahead as canny investors pile into the stock ahead of drilling in Georgia {onshore{ (spud April) where the company will be testing 750 million barrels of oil equivalent of upside. After that, the campaign moves on to the onshore exploration in Puntland, Somalia where Range are partnered with Africa Oil who are scheduled to spud the first well before the end of the second quarter of 2011, and where the upside potential is in the billions of barrels. Range has already established itself as a producer in the US (Texas) but the upcoming drilling activity could lead to a company-changer for investors/company.

 

As foretold here on the blog the 25p minimum target is nailed on and investors should see this as a base for an increasing sp once it is breached and breached it certainly will be!. The 50p minimum target in the run up to pre Georgia/Puntland is looking ever more likely as City watchers look on as investors zero in on Range. It is now widely being accepted from within Brokerages that Georgia and Puntland are potential “game-changersâ€.

 

And as past history should have taught investors potential and expectation are drivers of company value. I recall posting on Encore and Nautical,Xel,Gkp,Chariot etc at various periods that they could be going Major and major they now are. I am now beginning to think that Range Resources are increasingly looking likely to at the very least treble from where they now are pre-Puntland/Georgia the value indicators here hold much potential. There just seems to be a certain inevitability about them. The exact same inevitability that has seen meteoric rises for Nautical,Encore,GKP etc.

 

The key here for serious investors is research.

 

Investing and holding here for Georgia and puntland should be the objective.

 

They are currently still trading way under-value given the weight of interest that is certainly going to begin to keep ratcheting the sp ever upwards. The Markets are expecting a busy few weeks as investors begin to switch on here.

 

Any success in Puntland and Georgia and you can kiss good bye forever to the 60/70p pre spud sp that some analysts think could be reached.

 

Range Resources could be going Major and a 300p/500p share price isn’t out of the question all depends on Puntland and Georgia!

 

Better inside the tent pi**ing out then outside the tent pi**ing in!

 

 

 

Viva!

 

Daniel"

[evest]

Welcome news since I decided to jump on the RRL bandwagon last night, with my purchase limit set at 25p so should be no problem getting them today. Not a huge investment at the moment - just under £200 on the strength of the tips, however I will look to build on this in coming months following further research.

 

Didn't get the CRND shares at 1.85p - went for 2.15p and purchased £190 worth. Will watch with interest prior to further investment.

 

Have read over a 'Galvan' report and am currently looking into the following:

 

PVR - Porvair - upcoming industrial filters company.

 

FWEB - Fiberweb Plc - makes 'hygiene products' - high level of director buys showing confidence.

 

LAM - Lamprell - Oil sector FTSE 250, solid company with a high market share in the middle east - specialising in refurb and building of offsore oil rigs.

 

ENQ - Enquest - found a gap in the market with expected 30% growth this year (47% last year).

 

I don't think I'm experienced enough to say these are 'tips' - but just maybe worth having a look into.

 

[kevlo]

im in just bought £1840 worth of RRL been watching for too long thinking should i should i?!

 

if i'd done it when i first said i should i would now be £2400 up

[Stew]

ENQ will have high rate Artificial Lift soon so the production rates from one of their assets will increase by quite a bit.

[Harman350z]

ENQ will have high rate Artificial Lift soon so the production rates from one of their assets will increase by quite a bit.

 

ENQ closed at £1.43?

Pretty good tip, but for me just starting out again its a bit too much risk involved there.

 

I know it will be one of those regrettable moments

[captain]

im in just bought £1810 worth of RRL been watching for too long thinking should i should i?!

 

if i'd done it when i first said i should i would now be £2400 up

 

"If a bull had tits it would be a cow"

 

If I'd gone "all-in" on RRL when they were first tipped to me from by Wrightster at 3.79p I'd be £400,000 up.

 

For all:

 

I've top-sliced 20% of my original RRL stake today at 22.5p

 

Seems a bit overheated and I wouldn't be surprised by a re-trace without further news from the Board.

 

Could have egg on my face but just thought I'd let people know who have invested in them because of me.

[kevlo]

That's not a good sign for me I'm in just as your out

[Cragus]

That's not a good sign for me I'm in just as your out

 

He has only top sliced mate - even with 20 percent of his stake sold he holds more than us combined.

[kevlo]

That's not a good sign for me I'm in just as your out

 

He has only top sliced mate - even with 20 percent of his stake sold he holds more than us combined.

 

Good point just got first day jitters that's all. Lost 143 quid already as I bought at a peak of 23.5p

[Cragus]

That's not a good sign for me I'm in just as your out

 

He has only top sliced mate - even with 20 percent of his stake sold he holds more than us combined.

 

Good point just got first day jitters that's all. Lost 143 quid already as I bought at a peak of 23.5p

 

Never buy on a spike I have been taught! I'm sure you will see rises in the coming months mate.

[kevlo]

Yeh definitely learnt that today I drove home in a mad rush to get my buy in done asap wish I'd have waited now but nevermind like you say i'll get it back

[Pimm]

That's not a good sign for me I'm in just as your out

 

He has only top sliced mate - even with 20 percent of his stake sold he holds more than us combined.

 

Good point just got first day jitters that's all. Lost 143 quid already as I bought at a peak of 23.5p

 

Do not panic, just go with the flow and enjoy it. Be prepared what ever you put in you could lose it all

 

I bought at 5.5(RRL) and then topped up at 15.2 so at the moment I am £11.000 up. I had no idea this would happen but the more i read into it all and phone Captain every other day I am keeping it all in until it reaches MY goal and then i am done.

 

Everyones situation, needs are different and it all depends what your goals are in life.

 

Best of luck everybody(including me)lets hope RRL shines for us all.

 

[kevlo]

If you do it, put £200 on CRND.

 

Flooded gold mine in S Africa. If they get the water out - happy days. If they don't you lose £200.

 

They're only £0.02 a share so £200 gets you 10,000 shares.

 

if this does turn good what would the sp go up to for an unflooded gold mine?

[evest]

If you do it, put £200 on CRND.

 

Flooded gold mine in S Africa. If they get the water out - happy days. If they don't you lose £200.

 

They're only £0.02 a share so £200 gets you 10,000 shares.

 

if this does turn good what would the sp go up to for an unflooded gold mine?

 

Not sure what the forecast will be yet - but for CRND the 52 week high was 10.68p, so if they get back up to that then it's around a 5-fold increase. Let's hope they do!

 

source: http://www.digitallook.com/companyresearch/788882/Central_Rand_Gold/company_research.html

[captain]

If you do it, put £200 on CRND.

 

Flooded gold mine in S Africa. If they get the water out - happy days. If they don't you lose £200.

 

They're only £0.02 a share so £200 gets you 10,000 shares.

 

if this does turn good what would the sp go up to for an unflooded gold mine?

 

Rio Tinto (successful gold miner) currently at £43 a share.................10,000 x £43 = £430,000.

 

£429,800 profit (minus trading costs)

 

Bit of a long shot though.

 

On a serious note, a recent quote on www.iii.co.uk as follows:

 

"The NAV (Net Asset Value) for 36M oz of gold is circa $20 billion (based on an assumed profit of $500 per oz of gold). That gives fair value per share of over £7 each. Sure there may be a little dilution along the way.........but this is screaming POTENTIAL and massively de-risked now the SA gov have agreed to sort out the AMD (Acid Mine Drainage) issue. This is how mining companies are valued. Check out GGG......went from 2p to 35p and still rising........and they don't have anywhere near the quantities of gold that CRND have."

[captain]

That's not a good sign for me I'm in just as your out

 

He has only top sliced mate - even with 20 percent of his stake sold he holds more than us combined.

 

Good point just got first day jitters that's all. Lost 143 quid already as I bought at a peak of 23.5p

 

Do not panic, just go with the flow and enjoy it. Be prepared what ever you put in you could lose it all

 

I bought at 5.5(RRL) and then topped up at 15.2 so at the moment I am £11.000 up. I had no idea this would happen but the more i read into it all and phone Captain every other day I am keeping it all in until it reaches MY goal and then i am done.

 

Everyones situation, needs are different and it all depends what your goals are in life.

 

Best of luck everybody(including me)lets hope RRL shines for us all.

 

 

It's amazing what difference a comma makes:

 

"I'm £11.000 up"

 

"I'm £11,000 up"

 

[Stew]

ENQ will have high rate Artificial Lift soon so the production rates from one of their assets will increase by quite a bit.

 

ENQ closed at £1.43?

Pretty good tip, but for me just starting out again its a bit too much risk involved there.

 

I know it will be one of those regrettable moments

 

It's not a tip. Just a fact to help people make a decision if they were interested in ENQ. Oh and they won't be 'switching' on for a wee while yet!

[CaptainSensible]

For the record, these are the shares I currently own. A few familiar names in there, a few not so familiar. They are all shares which could go fly or go bust. Hopefully they will fly, but I would not be shocked if a couple went the other way.

 

Amerisur Resources (AMER)

Central Rand Gold (CRND)

ITM Power (ITM)

Provexis (PXS)

Range Resources (RRL)

Xcite Energy (XEL)

[Stew]

When did you get in XEL?

 

I was one of the people responsible for the share going up by 1000%. I was sat in a room next to one of their directors (that sold 24 million worth of shares on Christmas eve) and all the other directors on a conference line telling them to go for it during a well test!

 

Shame I wasn't allowed to invest in them.

 

I actually just got a medal from work for the last time XEL share prices shot up. I was offshore running the job and got the heaviest artificially lifted oil out the ground ever by going for it! The director that I was advising before Christmas said I had made him a tidy sum then as it proved the field they were exploring was viable.