MHL - Monitor Energy

[Gekko]

Gordon,

Im obviously not YT, but i think it a good thing. It means we have some big-wigs out there who are very serious about buying a lot more shares.

 

[YOUNG_TRADER]

Yes is all a bit odd. Wonder what it means. YT...when you say "suss", does that then mean you're concerned about this? I'm in for ride so either way I'll see where it goes. I need some pain to remind of the screwup I did by pulling out of RAU too soon.

Not concerned, just confused as to whats going on thats all,

A huge dump yesterday, now these sell orders that pop up, create massive sell lines and then pull,

I'm in this for the long haul too, but am curious as to whats going on

 

[juw177]

I have also noticed that past few times if the stock is down in the 3.3c range, a big buy order will come in near close to bring it to 3.5c, thus those long tails on the chart. This doesnt seem to be happening today though.

 

[stinger_au]

The stocks i pull out of because i thought they were not going to go anywhere anymore have gone up 6.5% in the last 2 days and MHL has gone down like 5% gzzz guess that was a really bad move on my part. I am in with MHL for the long hall too hope she comes through.

 

[It's Snake Pliskin]

The stocks i pull out of because i thought they were not going to go anywhere anymore have gone up 6.5% in the last 2 days and MHL has gone down like 5% gzzz guess that was a really bad move on my part. I am in with MHL for the long hall too hope she comes through.

I am sorry to hear of your misfortune.

It is haul, haul, haul, haul, haul, haul, haul, haul.

The hall is where people gather for functions etc.

cheers...

 

[black_bird2]

Early days Stinger, early days. These stocks are speculative and there are no guarantees, however the way the market has been reacting to resources in the past few weeks (IRM a prime example) there is a potential upside worth waiting for.

 

[gdzack]

The stocks i pull out of because i thought they were not going to go anywhere anymore have gone up 6.5% in the last 2 days and MHL has gone down like 5%gzzz guess that was a really bad move on my part. I am in with MHL for the long hall too hope she comes through.

AED jumped nearly 17% after I pulled out. and MHL has gone down 16% since I bought.
I am very depressed now.

 

[surfingman]

AED jumped almost 17% after I pulled out. and MHL has gone down 16% since I bought.
I am very depressed now.

You can't win them all but you should be able to win more than you lose, thats the share market some day's it's :bier: other days :bricks1:

 

[Awesomandy]

A huge dump yesterday, now these sell orders that pop up, create massive sell lines and then pull,

I'm in this for the long haul too, but am curious as to whats going on

Given that a few other small companies have been running lately, I wouldn't be surprised if some traders went looking for alternatives.

 

[Gekko]

On CNBC tonight they were talking about $100 Oil as a formality

Also saying that the entire sector globally is about to get seriously revalued as valuation metric's are using $50 or $55 oil - not the $80+ that should last

Argument was once insto's out of London and New York instruct models to use $70-$80 oil, all valuations will increase

Certainly makes me confident with highly promissing juniors like this

 

[gdzack]

On CNBC tonight they were talking about $100 Oil as a formality

Also saying that the entire sector globally is about to get seriously revalued as valuation metric's are using $50 or $55 oil - not the $80+ that should last

Argument was once insto's out of London and New York instruct models to use $70-$80 oil, all valuations will increase

Certainly makes me confident with highly promissing juniors like this

Don't forget that US Dollar is not as worthy as before. Compared to the oil price last year, the price hasn't changed much since last year.

 

[Gekko]

gdzack,

Good point.

However, i think higher oil prices will last longer then the weak USD. High oil prices are here to stay, whilst the USD will fluctuate. I see USD staying wear for the remainder of this year, and early next year, but picking up in 3rd qrt 08.

 

[greggy]

Not concerned, just confused as to whats going on thats all,

A huge dump yesterday, now these sell orders that pop up, create massive sell lines and then pull,

I'm in this for the long haul too, but am curious as to whats going on

Hi YT,

I used recent share price weakness to buy in today at 3.2c. Until now I carefully watched the stock waiting for what I consider to be a low entry point. IMO MHL has been well and truly overlooked by the market.
Its 4 licences in the Kyrgyz Republic cover 9,950 sq kms and are close to major proven oil provinces (eg. Tarim Basin has reported resources of 170 billion barrels of oil and 710 TCF of gas). Its still very early days, but there is huge potential. MHL is a risky play, but so are the potential rewards. Confirmation of an oil and gas partner is likely to have a major impact on MHL's share price. Warwick Grigor is very impressed and has labelled MHL as being the "Cousin of Caspian".
MHL's management has a strong record. Whilst their uranium project is also interesting I bought in principally for the oil and gas project. This stock is very liquid and with positive news it might become a day traders favourite.
In my recent research I could not any other similarly priced stocks with as much potential.
DYOR

 

[Gekko]

Greggy:

"Its 4 licences in the Kyrgyz Republic cover 9,950 sq kms and are close to major proven oil provinces (eg. Tarim Basin has reported resources of 170 billion barrels of oil and 710 TCF of gas). Its still very early days, but there is huge potential. MHL is a risky play, but so are the potential rewards. Confirmation of an oil and gas partner is likely to have a major impact on MHL's share price. Warwick Grigor is very impressed and has labelled MHL as being the "Cousin of Caspian".


CIG is up 6% today on strong volume. I wonder if results have leaked? Our performace will correlate theirs to a large degree - they being the only other Kryst oil company listed on the ASX


"MHL's management has a strong record. Whilst their uranium project is also interesting I bought in principally for the oil and gas project. This stock is very liquid and with positive news it might become a day traders favourite.
In my recent research I could not any other similarly priced stocks with as much potential. "


Management is well credential'd (spelling?). And this should become a day traders fav just like CUL when any results are released

We have rebounded off the 3c bottom very very well every time. Yest was the most positive of the lot. To rebound up to 3.2 on a terrible day was excellent

I am in the que at 3.2 but may need to go higher. Decisions, Decisions....

 

[gordon2007]

I had bought in at .031 a while ago and had sold for a profit when it got to
.039 Used yesterday as a good buying oppurtunity. Picked up a few shares at .030. Was pure luck...I cashed out of everything on Friday so I was a bit cashed up. Found a few good buying oppurtunites yesterday.

 

[stinger_au]

Yeah wished i had waited, i bought in at .036 with the money i sold from IDL which was at .552 now IDL went up to .64. I guess i did the reverse of what you are meant to do - sold low bought high lol.

 

[mobcat]

At least you had the balls to get on board in the first place 3.6 should come off as a lovley entry point given the fullness of time with MHL lots of news to report with this one and lots of price sensitive Anns in the short term this one appears to be a very active junior still in the womb .............Just being on board this one should be fun land of the mankini and every thing lol

 

[born2win]

Don't worry stringer =), i got in at .038, at it's peak. Still filled with confident, aswell as picked up some more at .032 =)

 

[kpas]

CIG announcement today, they struck oil but only a small amount - at least that is how I read it.

They are testing the northern part of the area with 10 more drill holes to report back on.

A good thing that they struck oil, but just would have been nicer if the first hole drilled was significantly more then 2 metres.

 

[dogwithflees1983]

Born2win i bet you, I got in a few months back at its highest peak of 4.6c !! Been stinking it up since then, but going to keep this little gem in the back pocket and see what happens a year or 2 down the track. least the 50% CGT will come into play !!