Featuring shares in Atlas Development (ADSS), Landsdowne Oil & Gas (LOGP), Mosman Oil & Gas (MSMN), Sable Mining (SBLM), Sound Oil(SOU) with share price targets for all 5 stocks.
Featuring shares of 88 Energy (88E), African Potash (AFPO), CEB Resources (CEB), Mosman Oil & Gas (MSMN), Stratmin Global (STGR), Sunrise Resources (SRES), together with some share price targets.
This morning, Mosman Oil & Gas (MSMN) announced yet another deeply discounted placement. If this caught you out, you probably have no one but yourself to blame, as this was always going to happen. Mosman is a dire business, run by consummate stock promoters, who seem to have have serious difficulty in making full disclosures to the market (HERE and HERE). Despite all this, Mosman’s share price surged from just under 3p to an intraday high of 9.4p within the last month. Today it placed at 4.5p. Does any of this matter so long as some are making money?
After last year’s highly selective reporting of its New Zealand oil “discoveries” (which didn’t turn out to be commercial), the board of Mosman Oil & Gas (MSMN) is back up to its old tricks. If you don’t read today’s RNS carefully enough, you’d be forgiven for thinking that the STEP Royalty is a cracking bit of business. The market has clearly fallen for the spin, with Mosman’s share price up 21% at 7.875p, last seen. Once again sentiment traders have blindly piled into a stock, which stands little to no chance of ever delivering shareholders a fundamental return. Here’s why.
Featuring shares in 88 Energy (88E), CEB Resources (CEB), Goldplat (GDP), JQW (JDW), Mosman Oil & Gas (MSMN), Strategic Minerals (SML)
It’s no secret that by early 2010 I had failed at what I was doing. Miserably. Facing up to that realisation was incredibly tough. A hair’s breadth from bankruptcy, the following couple of years were a surprisingly liberating experience. There is nothing like a period of enforced penury to help one reassess what matters in life and redefine one’s course. At some point, in the not too distant future, the directors of Mosman Oil & Gas (MSMN) are likely going to share this experience, as they finally come to terms with the fact their business has no serious future on AIM.
POS AIM casino dog Mosman Oil & Gas (MOSMN), is – I can exclusively reveal – right now struggling to get away yet another keep the lights on placing at just 1.75p a share. This story gets worse. And worse.
POS Aim casino poster boy Mosman Oil & Gas (MSMN) has today put out the most ridiculous and desperate operational update in an attempt to spoof mug punters to buy the shares. For the fact is that Mosman is almost out of cash – though it won’t admit it – and needs a bailout soon.
I love Mosman Oil & Gas (MSMN). I really do. Taking a step back from the daily outrages on AIM and Mosman has to be one of the funniest stocks around. That is, unless you are a shareholder. After the controversy of last year’s oil “discoveries” that weren’t commercial, Mosman’s board has been on a bizarre trip of nonsensical deal making. Whatever is being slipped into the directors’ tea every morning is having a marvellous effect. I am not sure how I would best characterise their behaviour, but someone less kind than I might call them utterly bonkers.
