Thursday, September 23, 2010

September

Current Holdings:

NWE - Awaiting a drilling rig and drilling of TP15 and their shale gas play. Holding til 2011
BKP - I have set a sell order @ 6 [Short term Play]
RSLO - Awaiting Assays on Rare Earth Elements [Short Term Play]

Wednesday, September 15, 2010

Current Holdings

Thanks Everyone for your emails. I know a lot of you want to know what my positions are at the moment and here they are.. I will try to update them as I go, but as you are well aware sometimes I can hold positions for less than an hour (which makes it hard to update frequently). One stock that isn't mentioned here is Focus Minerals (FML).. I use this as a trading stock and monitor it for my advantage because I am familiar with the trading of it.

Currently Holding:
NWE
BKP

Norwest Energy (NWE)
 - Norwest has an official signing of the Farm in partner Bharat PetroResources this Friday night in Perth. For you that are unfamiliar with Bharat, Bharat is the 2nd largest oil refining company in  India with a market share of 23%. Bharat is a subsidiary of an Indian Government Company. Bharat is number 307 on the GLOBAL FORTUNE 500 (Google = 355, Maccas = 378, Telstra = 458). If Bharat thinks that this project is worthy, then so do I
 - I must disclose that I am a true believer in NWE.. I think that this company's oil and shale gas play will make a lot of people rich in 2011.. But please do not assume that that person will be you..

Baraka Petroleum (BKP)
 - In for a quick position
 - In @ $0.005
 - Due out is a the Ryder Report
 - Also good is the nearology of CTP
 - Free carried and great buy depth at the moment