Unusual volume and strong sp rise on Bowleven this morning which may suggest that another interested party is sliding the rule over the company (previous occasion was Dragon Oil). The assets are attractive and the sp has been beaten up to heavily discounted levels. Could be the usual AIM hype but for the brave and …
Heads Up!
Excitement growing over Borders and Southern – up 42% today
As mentioned earlier in the week – BOR was the stock to watch this week as their Darwin well nears final TD and tests. The stock is up over 42% already today on speculation that the drill has been a success. No news has been released by the company and as seen in the exploration …
Ophir looking bright
Ophir doing very well today with 7%+ gains. With the drill bit turning, could good news be on the way? No guarantees – but certainly one to keep an eye on. Ophir (OPHR) is in thesharehub 2012 hotlist
Heads up – Max Petroleum looking cheap
The markets appear to be acting very differently in 2012 although it is still very early days. Many high risk exploration companies are seeing risk on trading/investors coming back in. Plenty of small cap and mid cap commodity players have bounced back strongly after last years carnage. Hence, this makes MXP look like the forgotten …
Heads up – San Leon on the move
San Leon has been bouncing back gradually after hitting sub 10p lows on investor fatigue and general market woes. At 10.25p (currently) it does look cheap and the potential to see a fast snap back to 16p or possible 20p ranges is more than possible. Goldman’s issued a decent buy note yesterday and that appears …
Heads up – Ascent Resources looking lively
Could be nothing but a bit of roll over trade action but volume is up on AST and they are expected to report frac results on their Gas find later this month. Certainly one to watch as the sp has been oversold to 2.5p levels inline with broader market woes. Current sp 2.7p. Previous note …