Trades and observations from a British contrarian stock investor

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Friday, January 28, 2011

Momentum continues on Xcite

Xcite Energy (XEL) has had another good start, currently up 10p to 376p. Some nice buys going through, some in 25 and 50k blocks.

Rig news is due imminently, either today or Monday with rig signing deadline set for January 31st.

Going to be action packed few days. Rockhopper well results just around the corner (probably mid next week but maybe sooner) and Angel Mining due to make announcement on 1st shipment of gold dore by end of the month (barring any further delays of course!).

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