Encore Oil. The time is fast approaching here.

escape from

Investors should now turn their attention to the stock they should be holding over the Christmas period ENCORE OIL!.

Much has been written on the company by the Blog which first highlighted the potential many many moons ago when the stock was trading at about 40/50p. Investors have had an awful long wait for movement re’ the rig’s weather window but at long last, as confirmed by the blog, the GalaxyII got underway with Commencement of Drilling Operations on the Varadero Well on 18 December.

Now a good result here for all involved will substantially increase their SP not least Encore’s  which is still way under-value. It’s only a matter of time before Encore’s sp explodes again breaking out of its trading range (110/130). The company is 4/5 days into a 20 day drill cycle. What’s the betting that news begins to filter out 1st week in 2011? Encore oil are still way under-value they should be trading at 200p minimum. Set your target for a 300p minimum on takeover news alone. My city sources know that Encore’s break up value is substantially more than 300p. These are the going to fly yet again.

Just hold your stock and wait!

Hola!

Daniel

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  1. Oil Stock Lover says:

    Do you not think that BLVN would be a good hold for the moment instead? They are due to hit TD if they haven’t already in the next day of two of the deep epsilon layer on their Sapelle-1 drill that has a P90: 104, P50 628, P10 3733 mmbbls. Assuming they hit, this share will climb strongly, and possibly sky-rocket if above the P50 value, and even if they don’t will easily recover on the basis of the previous 3 layers it has struck in less than optimal conditions. Having received the RNS from BLVN, would it not then be wise to switch into EO for their RNS in the first week of January as they are expected to hit TD around the 7th?

  2. Mike Surtees says:

    Hi Daniel’
    Have been investing now for over a year, and have watched your advise unfold many times, I am into this in a 6 x digit figure so it is important to match your news with my own investigations. Thankyou for taking the flack on a few occasions without giving up on us.
    Kindest Regards M.S.

  3. Mike Surtees says:

    Hi Daniel’
    Maybe……but I might have trouble getting back in with the volume I would trade, and it is not worth the hassle. I was on the verge with xcite but concluded the same. Several top slices could do it………..no I am safe until I see a better opportunity bearing in mind my own circumstances.
    Best Regards M.S

  4. Santas helper says:

    I got into Haike chemical Dan after you wrote a piece on them .
    Liked what I found out abouth em and bought.
    Sat on a biggy profit bought them at 37p they are now at 57p.
    Thanks for that amazing Blog post.
    Have been in eo since 56p thatnks for that sold my NPE thanks for that still got my GKP thanks for that sold my xl thanks for that and thanks for being generally an amazing successful financial blogger. You must be minted Dan!

    Sent a few hundred spondulas to Help for Heroes out of my profit. Always good to hedge ya bets! put a little back!
    And have investigated some of the Adverts theres some that are quite good they give out an email subscription free on stocks all info helps.
    Click the Ads every one an put some thing back!

    Gunny

  5. Paul says:

    Roll on ,Encore!

  6. Gtrader0 says:

    Rolled xcite profit in to this . £20k says your right !

    Top man dan

  7. Aj says:

    Hi Dan,

    Congratulations wtth the continued success of your blog. You will laugh I’ve found what is probably the cheapest share I’ve ever brought and it’s a company called Porta Communication ticker code PTCM. Its in effect a new company and the CEO is David Wright, the founder of PR agency Citigate, his aim is to lead the transformation of the company with a goal to create value of £50m within two years. The current share price is just 0.0022 and looks very good to move up soon. The institutional investors have taken considerable interests in the recent placing and 2011 looks to be a very exciting year for the company and David Wright is just the top man for the job.

    The recent article in the telegraph below illustrates the strong potential ahead.

    http://www.telegraph.co.uk/finance/newsbysector/mediatechnologyandtelecoms/media/8152584/Citigate-founder-David-Wright-to-launch-quoted-marketing-company.html

    I brought several million shares today and feel its one to look out for.

    Cheers

    Aj

    • rbarton says:

      AJ. Great find! At 0.23 i will have to get a few million of these !
      Looks as though David Wright doesn t do failure- a bit like PARKMEAD
      Tom Cross sells Dana Pet forms new company and investors all
      over it like a rash!
      Rob

  8. James says:

    Hi Dan,
    I’ve been following your blog for a while, I’d been invested in XEL for some time when you started discussing it, but definitely found your take on things interesting, so thanks for the blogposts.
    Encore looks like it has much further to go too, we just need some early success in this drilling campaign.
    What I wanted to talk to you about is that my company has developed a social networking platform that you might be interested in incorporating into your new website. As investment is my main hobby I’d be prepared to work with you to create a PI focussed site for no cost and think between us we could come up with something cool and unique. Drop me an email if you’re interested and want to discuss.
    All the best,
    James

  9. Gtrader0 says:

    Hi dan , have you got any contacts i dubi who can confim the random coment at the base of this report ? http://www.ukcitymedia.co.uk/news/fullstory.php?id=1263#400

    • Brokerman says:

      Yes I do have people in Dubai. They are based in Sharjah just a few miles from Dubai central. It’s humanly impossible to verify an anom’ comment. But every sector watcher knows that EO will be bought out.

      Dan

  10. Abz says:

    Hi Dan,
    I am in at 135.25p (23/12/10).
    Looking forward to see this stock to minimum 300p 😀
    Regards,
    Abz

  11. Dust Ferret says:

    EO hold till Cladham – £4-5 by then + TO premium.