Stocks and Shares - DES


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El_MUERkO
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Cant find the old thread regarding trading but I know some people trade on here.

I mentioned in the original thread that I owned some shares in Desire Petroleum.

There are some very strong rumours that they found oil and will announce something soon.

If you're not interested in the gamble on oil it might still be worth your while to dip in and out of them today as I'd expect a bit of a roller-coaster.

PS: If anyone can link the original thread I could post in there and delete this.
#1 at 10:23:44 - 29/10/2010
peej
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#2 at 10:44:32 - 29/10/2010
Micro_Explosion
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Good work with Desire - if I hadn't already got a couple of speculative ones out there then I might have gone for them. Ah well.

VOG are in a similar position (albeit the stuff has been found, license is slow) and bouncing around so I might do alright from that.
#3 at 17:22:08 - 29/10/2010
El_MUERkO
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So the they found 25m of oil containing sand but due to the well angle they cant accurately test it.

While not a commercially viable oil find a lot of people will consider it positive news hence the SP rising today.

They're going to reposition for another drill, each drill takes about 30 days so I'll be back then, assuming there's internet in The Maldives :P
#4 at 10:49:31 - 02/11/2010

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