UK 02:41 Tuesday, 3 November 2026
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Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Earlier this week my colleague Gary Newman argued HERE that Gulfsands Petroleum (GPX) might be worth a punt on the basis that it could jump if matters in Syria were resolved. Having called this as a sell at 111p HERE and again at 43p on January 10th HERE I disagree. Here’s why.
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Comments
wildrides
my bet is they will never get the Syrian assets back, and producing, in their control .
But I am thick as two short planks.
wildrides
I am with Tom on this one although we dont always agree . The Syrian assets are worth nothing in the present circumstance and they are burning cash drilling holes else where and finding nothing very much .
Its all if buts and maybees
I read the piece in spread bet and its shite ……… play the ball not the man and I might pay some attention to you.
Tom Winnifrith
TW. The short term issue is cash. Or lack of it.
LT who knows what will happen in Syria. My thought are not just the wild rantings of a Zionist. I did study ME politics at Uni and like to think I know a bit about it.
But the LT may be a way away and meantime a placing is inevitable. Why buy ahead of that?
T
wildrides
To any body reading I would wish to point out that my second post is actually in reply to a rather ill advised post from someone obviously trying to promote another site that has subsequently been removed by the editor . Hence it may look as though I am as thick as four planks when infact it is only two planks that I am actually as thick as . Accuracy in the number of planks equivilent to my intellect or lack of it is something not to be misrepresented therefore this minor clarification was required . I am now off to find a mole hill ………….