22 September '07 - Blogs - Aussie Stock Forums

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22 September '07

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Recently bought THX in low 30s.

Gone up 25% in the last 4 trading days.

Closed at 41c on Friday. Up over 9% for the day.

Recent ann. re U prospects gave this stock a boost.

A shareholder of UMC, whose sp. increased around 8%yesterday.

Technically a buy? What do you think?

The 52-week range
75c - 28c


Another recent acquistion in the 30s.

Oppies are up over 20% in the last 2 trading days.


Bought prior to rights issue and in the rights issue. Why not? Got free oppies.

Oppies up 100% in the last 6 trading days.

No news. Is there some to come?

From a chartist's perspective:

There is a resistance level at 29-30 cents.
If breaks 30 cents and holds well, it has potential to take off.


Av. buy sub 20c.

Expectation that TD is reached this weekend. Await results next week.

Nuff said.

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Updated 23rd-September-2007 at 12:34 PM by moneymajix



  1. moneymajix's Avatar
    PYM Update

    Been some good anns. since I mentioned this including a recent one about commercial quantities of oil.

    Sp - 38c - not doing much.

    They are undertaking more drilling.

    Patience should be rewarded.
  2. moneymajix's Avatar
    PYM sp firming of late. 40c.

    News to come?
  3. moneymajix's Avatar

    44.5c, up 7.229%

    See ann. late today.

    Not much for sale atm.

    Updated 12th-December-2007 at 03:24 PM by moneymajix (added info.)
  4. moneymajix's Avatar
    PYM up another 18% today, 52.5c

    That is 25+% since the ann. late yesterday....

    With more news to come....
  5. moneymajix's Avatar
    More good news - gas from PYM
    Hit 56.5c and fell back to 52c

    I am still holding for more to come ....

    Raven Well Hits Primary Gas Targets

    The second well (Grable 15#1) in the Raven exploration project has reached planned total depth of
    11,000 feet and as a result of the log analysis, the decision has been made to set production casing. As
    forecasted, the two primary objective zones the “C” sand and the “Price” sand were encountered
    correlating with strong gas shows from the mud log during the drilling phase.

    “This test further reinforces the execution of
    our “Long Play” strategy that the Board of
    Directors has put in place for the growth of
    Pryme along with confirming our robust
    collection of exploration projects that we are
    working to convert into real value for our
    shareholders. We are very happy with the
    logging. Getting Raven and Turner Bayou
    underway leading up to the Christmas break
    should see Pryme add natural gas and
    condensate to its existing oil revenues”, said
    Justin Pettett, Pryme’s Managing Director.

    “The Pryme team remains focused on our goal
    of generating earnings and building reserves
    towards our target of building a A$300-A$500
    million company in 3 to 5 years. We’re
    expecting a strong 2008 to build on these
    latest results.”

    Updated 17th-December-2007 at 11:51 AM by moneymajix
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