Pantheon Resources (PANR) has a market cap of close to £1 billion but isn’t yet producing oil, which begs the question as to whether or not it is worth the current valuation and how much risk is attached to buying it at this level.
Advance Energy (ADV) is proving to be probably my worst tip ever, given that I only covered it yesterday and the share price is currently down around 80% following an update on drilling which appears to be bad news, and I can only apologise to anyone who bought based on my piece yesterday. At least it has given my pea brained critics on twitter a day of onanismic delight.
Touchstone Exploration (TXP) is a company that I’ve covered here several times before and which I believe has a lot of potential, and the latest drill results certainly seem to support that still being the case.
Xeros Technology Group (XSG) is “delighted to be partnering with two domestic washing machine manufacturers” and the shares have responded slightly higher to 232.5p. So what’s the partnerships detail and valuation?…
I’ve recently found myself wondering how many of these ‘Covid stocks’ have missed the boat, as many of them still aren’t producing any significant amounts of revenue, yet often their markets caps are comparatively very high.
Around six weeks ago I covered the IPO of a small mining company called Caerus Mineral Resources (CMRS) and noted that it looked interesting for anyone who liked these small, speculative type of plays.
Touchstone Exploration (TXP) has fallen out of favour with investors in recent days following testing news at one of its wells which the market took badly and caused the share price to drop by more than 30%.
When it comes to Alaskan oil explorer 88 Energy (88E) the hype around its drills has always far outweighed the actual results that it has managed to achieve, as can clearly be seen if you look back at a chart over the past five years or so and the timing of the big gap downs in the share price.
I start with a reference to the covid testing stocks and the £8 billion Government tender I revealed earlier HERE. Then it is onto how companies are circumventing rules about ramping their shares with lies by getting shareholders to do the pumps via folks like Justin the Clown and Zak Mir. The FCA, AIM Regulation and corporate advisors need to stop washing their hands onto a range of abuses by shareholders and deal with it.
This year has all been about Covid- related stocks and anything with even a vague association with that, but over the next year or two the biggest profits will be made from companies that have been hit by the virus but have had the strength to survive and will reap the benefits as things begin to return to some semblance of normality.
People often try to tell me that it isn’t possible to make money by actually investing in AIM oil and gas companies and that they are only worth trading, but I would have to disagree based on some of those that I’ve picked out over the years as having long term potential.
The AIM market is full of companies which have never managed to achieve anything of note despite operating for years, and often it isn’t that hard to spot when they are going to raise more funds imminently.
Hello, Share Monkeys. It’s the weekend of the Shareprophets big mining online share show. As it costs only £2.99p for access to the best mining experts in the investing business, I would urge anyone hoping to make money from one of the most exciting branches of the golden game, to part with this nominal amount to take part. As well as being an area where you could make the most money in the shortest time, it’s also, well, a minefield and you need the best info you can get.
Hello, Share Speakers. It’s a while since anyone on this amazing site, referred to Avacta (AVCT). But it still remains one of the biggest talking points in the share world. It’s one of those covid related stocks, which like most of them, goes up and down a lot every day. Uncle Tom is very bearish on Avacta, but I notice that unlike some luckless companies, it’s not being shorted too much.
I wondered how long it would take before people started trying to cash in off of the back of coronavirus and pushing shares in small AIM listed companies that are supposedly going to make a fortune from this outbreak.
Any negative news on an oil drill tends to see the share price getting hammered, and that is exactly what has happened today after I3 Energy (I3E) announced that a pilot well had failed to hit the reservoir that it was targeting.
TomCo Energy (TOM) seems to have become very popular all of a sudden with the share price almost doubling in the last few days.
Private investors seem to love the boom or bust scenario that applies to many of the exploration drills for oil and gas, but is it really worth taking the risk on these types of plays?
Sound Energy (SOU) has proved to be a great example of why private investors shouldn’t get too far ahead of themselves and start ordering a new Ferrari, based purely on early results in any company drilling for oil and gas.
As is so often the case with oil and gas drills amongst the smaller companies, private investors built expectations around West Newton up to such a level that the actual results were never likely to live up to that.
Anglo African Oil and Gas (AAOG) has been hugely popular with private investors over the past few months and has seen big fluctuations in its share price as various pieces of news landed during its recent drill – including a placing to raise more money which Tom Winnifrith exclusively revealed here before it took place.
I laughed at last week’s announcement from URU Metals (URU) concerning the acid leaching results but I wasn’t necessarily going to comment on the meaningless tripe. However, I feel I almost have a moral duty to counter the “Speculative Buy” nonsense from its corporate broker, Beaufort Securities, so here goes.
I’m always wary of companies that have seen a large hike in share price, especially smaller ones in the natural resources sector, but in some cases the rise would appear to be justified by recent news.
Following a recent “successful fundraising” (AKA a smaller investor shafting), Surface Transforms (SCE) has released a “Trading, Premises and Operating Update”…