Watch RIFT plc (AIM / OIL)

VicVan · 05-05-2009, 07:56 AM

Tipped on the old site at 4. 5 range, stated awaiting news of farm in deal. It rose up for no real reason a while back and been holding.

Dam thing has the farm in deal now! Woooo. Hit 8.5 earlier today. I know a few of you followed the tip on Google. Let me know if you still have this little beauty

Every small cap oil / mining is popping big time

F*88king A

Northerner · 05-05-2009, 08:15 AM

I bought in at 4.4p... only a VERY small point (£500 worth) but still... sitting at over 7.5p now so I am happy... still I plan to keep it all in there anyway as it is a small amount... who knows if I forget about it for a while (well, with a flag if it looks to b e dipping) then in a year or so it could be in another world...

AndyB · 05-05-2009, 08:23 AM

UPDATE 1-Rift Oil signs farm-in deal in Papua New Guinea | Industries | Energy | Reuters

2 Trillion Cubic feet of gas eh? That's

*Calculates*

At today's price of $5 / 1000 cubic feet they have an estimated reserve of $10bn for that one well, not withstanding higher gas prices in the future.

-- And the market cap of RIFT is £62m.

As they say in the US "DO the matthhhh man, you do the matthh"

AndyB · 05-05-2009, 08:25 AM

Gutted, I don't have enough money to buy all these amazing small-caps

Northerner · 05-05-2009, 08:33 AM

So... anyone feel comfortable putting in some short, mid and long term stock prices for this one? I am mulling over investing more in Rift and Afren (where I currently have holdings) or trying CFM... hard to balance the spread of money (which is unfortunately getting a bit stretched) - so also interested in a short term very quick buck with a large size (well for me!!) punt somewhere... hmmm

skylark · 05-08-2009, 02:33 PM

Got in at 4.7p, looking good. Does anybody know who the mysterious "multi-national oil company" is?

Skywonker · 05-08-2009, 02:56 PM

Vic,

Yep i followed your recommedation over on google forums after buying Afren - Got around 8000 shares at 6.4p so a little late to the party but hoping this one pops later in the year. Anyone care to predict a time line for this one?

Ian

rodgers · 05-19-2009, 04:35 AM

This share has been doing well last few days with good volume. So I'm showing a good profit on my small holding now

VicVan · 06-08-2009, 05:51 PM

at 11.20 now rodgers that small profit should be looking far far fatter

unreal.... was around 4 for so long pre farm in deal and now it keeps creeping up. Probably sell a chuck now

Cheers

VicVan · 06-08-2009, 05:51 PM

Same to you norther - do you still have 7.5p? near double now. GREAT STUFF

05-05-2009, 07:56 AM	#1
VicVan UberTrader Join Date: Apr 2009 Location: London Posts: 666 Favorites: ANTO, GE, XL Rep Power: 207 Reputation: 4102	RIFT plc (AIM / OIL) Tipped on the old site at 4. 5 range, stated awaiting news of farm in deal. It rose up for no real reason a while back and been holding. Dam thing has the farm in deal now! Woooo. Hit 8.5 earlier today. I know a few of you followed the tip on Google. Let me know if you still have this little beauty Every small cap oil / mining is popping big time F*88king A __________________ Always do your own research and make up your own mind on any stock. Top investors follow themselves, sheep get slaughtered. Any tip, suggestion or comment posted by me is simply a suggestion / prompt for you to make up your own mind. No liability will be accepted. Its not a professional view, its a suggestion. Shares go up and down. Always spread your investments, always set your stops both up and down. If shorting or Futures investing, know what your doing. You cant beat the sharks, but you can swim on their back. Trade lucky.
	Rate this post \|

05-05-2009, 08:15 AM	#2
Northerner Trader Join Date: Apr 2009 Location: Wells, Somerset Posts: 39 Favorites: AFR, CZA, CFM Rep Power: 23 Reputation: 167	I bought in at 4.4p... only a VERY small point (£500 worth) but still... sitting at over 7.5p now so I am happy... still I plan to keep it all in there anyway as it is a small amount... who knows if I forget about it for a while (well, with a flag if it looks to b e dipping) then in a year or so it could be in another world...
	Rate this post \|

05-05-2009, 08:23 AM	#3
AndyB Pro Charting Wannabe Join Date: Apr 2009 Location: Manchester Posts: 386 Favorites: $SPX GGG.L ARSLF Rep Power: 209 Reputation: 4467	UPDATE 1-Rift Oil signs farm-in deal in Papua New Guinea \| Industries \| Energy \| Reuters 2 Trillion Cubic feet of gas eh? That's Calculates At today's price of $5 / 1000 cubic feet they have an estimated reserve of $10bn for that one well, not withstanding higher gas prices in the future. -- And the market cap of RIFT is £62m. As they say in the US "DO the matthhhh man, you do the matthh" __________________ I am a junior investor/trader with less than a years experience, so weight my words accordingly. I'm using a stoploss at my break-even on SFEG. Production is delayed.
	Rate this post \|

05-05-2009, 08:25 AM	#4
AndyB Pro Charting Wannabe Join Date: Apr 2009 Location: Manchester Posts: 386 Favorites: $SPX GGG.L ARSLF Rep Power: 209 Reputation: 4467	Gutted, I don't have enough money to buy all these amazing small-caps __________________ I am a junior investor/trader with less than a years experience, so weight my words accordingly. I'm using a stoploss at my break-even on SFEG. Production is delayed.
	Rate this post \|

05-05-2009, 08:33 AM	#5
Northerner Trader Join Date: Apr 2009 Location: Wells, Somerset Posts: 39 Favorites: AFR, CZA, CFM Rep Power: 23 Reputation: 167	So... anyone feel comfortable putting in some short, mid and long term stock prices for this one? I am mulling over investing more in Rift and Afren (where I currently have holdings) or trying CFM... hard to balance the spread of money (which is unfortunately getting a bit stretched) - so also interested in a short term very quick buck with a large size (well for me!!) punt somewhere... hmmm
	Rate this post \|

05-08-2009, 02:33 PM	#6
skylark Junior Trader Join Date: Apr 2009 Location: Bournemouth Posts: 2 Favorites: NPE, COP, AFR Rep Power: 24 Reputation: 200	Got in at 4.7p, looking good. Does anybody know who the mysterious "multi-national oil company" is?
	Rate this post \|

05-08-2009, 02:56 PM	#7
Skywonker Junior Trader Join Date: May 2009 Location: Worcestershire Posts: 16 Favorites: AFR GGG CAN Rep Power: 18 Reputation: 72	Vic, Yep i followed your recommedation over on google forums after buying Afren - Got around 8000 shares at 6.4p so a little late to the party but hoping this one pops later in the year. Anyone care to predict a time line for this one? Ian Last edited by Skywonker; 05-08-2009 at 03:19 PM..
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05-19-2009, 04:35 AM	#8
rodgers Junior Trader Join Date: May 2009 Location: Chester-le-Street Posts: 13 Favorites: AFR, HAWK, RIFT Rep Power: 18 Reputation: 52	This share has been doing well last few days with good volume. So I'm showing a good profit on my small holding now
	Rate this post \|

06-08-2009, 05:51 PM	#9
VicVan UberTrader Join Date: Apr 2009 Location: London Posts: 666 Favorites: ANTO, GE, XL Rep Power: 207 Reputation: 4102	at 11.20 now rodgers that small profit should be looking far far fatter unreal.... was around 4 for so long pre farm in deal and now it keeps creeping up. Probably sell a chuck now Cheers __________________ Always do your own research and make up your own mind on any stock. Top investors follow themselves, sheep get slaughtered. Any tip, suggestion or comment posted by me is simply a suggestion / prompt for you to make up your own mind. No liability will be accepted. Its not a professional view, its a suggestion. Shares go up and down. Always spread your investments, always set your stops both up and down. If shorting or Futures investing, know what your doing. You cant beat the sharks, but you can swim on their back. Trade lucky.
	Rate this post \|

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