la punta deal done, page-64

Hi C

Thanks for looking at my post in ELK, good to see that you like looking at other opportunities than BKP on HC. Very complementary you are as well, not.

I suppose I should start to review the stocks I have promoted positively over the last few months.

1, CVN, gone from 15 cents or so to 30 plus. Not bad

2, TAP gone from 1.50 to 2.20 plus. Again so so

3, INP gone from 40 cents to 1.40 with a high of 1.97. I wish they all did this.

4, ARQ gone from 1.27 to 1.80 to 1.45 or so. Not very good, up and down, the Canning Plays still looks good.

5, BKP gone from 12 cents down to 10 to 13 cents. Bloody awful or what, my most worst performing oil stock I hold.

Questions on WGP, ITC, NDO and AED threads, still awaiting oil flows or drilling results etc, not yet holding shares but watching the opportunities, I missed AED at 5 bucks bugger, I didn’t like Director selling.

I do not ramp stocks or down ramp if that’s the right term, all I do is voice my view (take it or leave it), quite often I will be wrong, but some times I might be right I hope. In the case of ELK (see thread and rational for posting) and WGP (don’t like the games being play by Briggs) both ramped to hell and back, my view (again take it or leave it).

The case with BKP slightly different, I like Max, Mark yet to prove himself to me, but the news flow is absolutely awful, no presentation to shareholders or fund managers (e.g. present at the GOC but no presentation after the M Pet chap presented). The W.African story good but BKP not in control due to all the farmouts. The deal in La Punta a start, the news sounds good but let’s have some presentations it etc to get the market hot.

So I wait, trying to sort the good from the bad and dealing with all the hassles of the good HC views points.

All I can say C. is you are more intelligent to resort in snake oil tricks, get the BKP boys to deliver then SP will go up, take for example the La Punta deal, announce weeks before it was concluded, that’s great but why the delay, it would have been better to wait and then announce the deal and the huge upside which we still wait to hear. Taken on board ASX requirements.

Any way I still hold a small position (slightly in the money) in BKP and look forward to at some stage the drilling and the huge upside from W. Africa.

Good luck to you C and I hope you make as much money as I have over the last few months holding other oil stocks rather than just onto BKP.

Finally I suppose I like people to be pleasant and polite and I hope that you C can remember your manners and do the same, as your mother taught you at home. It’s not hard to try and be polite and give you views rather than trying to belittle other opposing views points.

Cheers

PC43