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GLV - Global Vanadium

Discussion in 'Stocks 0-H' started by yogi-in-oz, Dec 17, 2005.

  1. treeman

    treeman

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    Re: BKP - Baraka Petroleum

    There has been plenty of buyers getting in at .8 and .9 on friday and today, I don't think they share the same concerns as metal_loz. I have topped up at .9 as well as it looks like the action is just about to start :)
     
  2. metal_loz

    metal_loz

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    Re: BKP - Baraka Petroleum

    My concern is the negative equity balance and limited cash as of the 30th Oct 09 ($1 988 196). If the report doesn't come back as positive as we think it will, the price may fall back to the support level of 0.3c.

    If BKP then require more capital the shareprice may be further diluted.

    I was also waiting to see if there was going to be a pullback to 0.7c.

    I'm new to investing so please don't trust my newbie analysis:eek:
     

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  3. skyQuake

    skyQuake

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    Re: BKP - Baraka Petroleum

    Think something is wrong with your chart lol.
    Most of us are in for the BESBS play rather than a longer term investment.
    Its made a decent breakout and retacement has been minimal (ie just the spread) so we should see this run a bit. Lots of players won't sell till gap fill so thats an added bonus as well.
     
  4. swm79

    swm79

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    Re: BKP - Baraka Petroleum

    something wrong indeed :confused:

    nice flame on that last candle there!!!!!!

    if only!!!

    good to see its selling into 9s again today
     

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  5. BESBS Player

    BESBS Player

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    Re: BKP - Baraka Petroleum

    G'day guys.

    Interesting to read and see the charts. I can genuinely say that I have no idea what they say but I try to simply read what I think will/will not trigger the market.

    1. We have an increasing SP and increasing volumes.
    2. This has largely run on the release of the draft ISIS report that management claim is good.
    3. ISIS report due very soon.
    4. Odds are very good that the report shall be positive (given earlier management comment)
    5. Happy to punt on a SP spike when ISIS report is announced.
    6. Depends what it then says as to how long I stay.

    Not sure too many are in this one for the long haul (ie. years...?)


    Cheers,
    BESBS Player
     
  6. swm79

    swm79

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    Re: BKP - Baraka Petroleum

    hey BESBS

    you've summed it up pretty well there, as always.

    charts dont really tell you much more than what you've already mentioned there - increased volume, increased SP

    price and volume are so low usually that anything that brings the spotlight on these guys will cause the SP to jump... but with that, any negative will take your money just as fast!

    hard to see it dropping until the report comes out though
     
  7. BESBS Player

    BESBS Player

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    Re: BKP - Baraka Petroleum

    Hi Swm79,

    Agree 100%.

    While it was always going to see quick profit-taking, BKP has much SP growth potential ahead IMHO. This is just the start of a re-rating for BKP as management are getting BKP into new projects as quickly as possible. Next chapter approaching is the full ISIS report. Given the size of some of the CTP areas, it could be "very encouraging" reading!


    Holding BKP at .005c
     
  8. Jay-684

    Jay-684

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    Re: BKP - Baraka Petroleum

    Another positive announcement yesterday by BKP re Geoscience Australia completing a 373km seismic line that traverses accross BKP's EP127 and 128 permits.

    Data not scheduled to be available/released until late 2010 however.

    Full announcement on Comsec website (amongst others)

    Continuing to HOLD for ISIS report.

    DYOR
     
  9. jancha

    jancha

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    Re: BKP - Baraka Petroleum

    Well spotlight would be on the 40 million shares sold in one hit!! What do you make of that? Certainly makes you rethink about holding.
     
  10. Datsun Disguise

    Datsun Disguise

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    Re: BKP - Baraka Petroleum

    I've had two of my most promising shares hit by scalpers today BKP and EGO. You just have to look for the signs and hope that you are right that it is scalping and not leaking news causing the run.

    I ahve scalped in the past (but not volumes anywhere near big enough to affect price) so I shouldn't complain, but it irritates me when big players make moves like this that end up unsettling holders and driving sp's down - then they start the buying pressure and do it all over again. It's abit like thievery in my mind.

    Does anyone have access to information that can identify a single large buyer / seller in the list? Beig armed with this type of info would be useful in determining if big volume dumps where due to a rogue elephant or a herd of antelope....
     
  11. skyQuake

    skyQuake

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    Re: BKP - Baraka Petroleum

    A large insto/private guy bought up 39mil stock (from 0.6 to 0.8) through the day of the run up VWAP of 7.6ish
    He sold 23.5 Mil @ 8 when he took that entire price level. No data yet for the 25th Nov

    Seems unlikely its him taking out the 0.7c level.

    Cheers
     
  12. swm79

    swm79

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    Re: BKP - Baraka Petroleum

    why am i re-thinking my holding because of that?

    all of this action is still above my buy-in... as long as it stays there i couldnt care less

    ann out today just letting people know not to read too much in to their ann re: the ISIS report.... but we're again reminded that the dirs are "extremely excited"... excellent work guys - keep it subtle haha
     
  13. metal_loz

    metal_loz

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    Re: BKP - Baraka Petroleum

    A new announcement came out last night. A directors change of interest where 8,000,000 shares were sold in the market.

    They say the reason for this was so they could exercise their options on the shares and does not reflect their view of the positive potential for the company to go forward.

    Holding at $0.008
     
  14. Datsun Disguise

    Datsun Disguise

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    Re: BKP - Baraka Petroleum

    Thanks SQ - how do you get this info and is it accessible to a mug like me (commsec access only and an internet connection). What do I need to be able to see this stuff?
     
  15. skyQuake

    skyQuake

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    Re: BKP - Baraka Petroleum

    Just IRESS. I'm looking at Desktop IRESS rather than webIRESS though.
    Just going through time and sales. 3days after the trade ASX releases which broker each trade was done through. Eg, that Selling 0.7c line in one go was not the same guy that broke the 0.8 line. (Commsec seller sold 40mil @ 0.7 in one go).

    Cheers.
     
  16. happytown

    happytown

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    Re: BKP - Baraka Petroleum

    the following was originally posted yesterday afternoon (after a telephone conversation with a BKP neddy) and subsequently deleted during the 20min editing phase:

    update on BKP

    isis report is expected within 7-10 days (BKP receipt of)

    draft report was approx 120 pages, will probably release a condensed, less technical report to the market

    historic drill core was located and has been re-tested for inclusion

    potential for shale oil/gas opportunities - arthur shale looks very interesting

    suggest perusal of BPT's recent ATCO/Cooper jv shale gas/oil ann's to get better understanding

    canadian co's huge shale oil/gas potential nth of BKP's permits

    AEC (canadian co with expl permits adjacent to BKP and $9M in the bank) have approached BKP a number of times re the possibility of a jv/farm-in, BKP would be potentially amenable (and free-carried) provided it does not lock up BKP's permits while they exploit their own (AEC, that is), this would allow BKP to spend money on other opportunities

    marketrazon has landed
    have you visited the commodity comparitorium?
     
  17. happytown

    happytown

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    Re: BKP - Baraka Petroleum

    the isis report is expected to be received by bkp anytime from tomorrow onwards

    their next door permit neighbour is keen to jv/farm-in, with 3 approaches to bkp already

    the next week may prove interesting times

    marketrazon has landed
    asf is a brackish pond, a microcosm of a world of sorts, if you will, it even comes replete with its own leeches and parasites
     
  18. happytown

    happytown

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    Re: BKP - Baraka Petroleum

    baraka ann just out, isis report received today, further detailed ann re info in report to follow

    initial response from market, negative

    marketrazon has landed
    so we were 1 day out
     
  19. YOUNG_TRADER

    YOUNG_TRADER

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    Re: BKP - Baraka Petroleum

    The markets reastion to BKPs report is understandable

    its too complicated and so hard to understand

    people fear what they dont understand and so the herd being fearful is dumping

    fundamentally seems a good report but Im no Oil Geo


    bottom line company needs to work on its PR skills
     
  20. jancha

    jancha

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    Re: BKP - Baraka Petroleum

    Re thinking your holding now? I personally would have taken a profit. Isn't that what it's all about?
     
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