Trades and observations from a British contrarian stock investor

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Monday, January 24, 2011

Potentially exciting week of news on portfolio

Lots of potential news due any day on the Contrarian Investor portfolio. As a reminder:

1. Angel Mining (ANGM) - 1st gold pour and shipment from Greenland's Nanulaq mine

2. Xcite Energy (XEL) - Signing of agreement for Rowan Norway jack up rig

3. Rockhopper (RKH) - news from 14/10-3 well on its PL032 licence in the North Falkland Basin

4. Bowleven (BLVN) - update from Cameroon Sapele 1 well.

Plus early to mid-February

1. Xcite Energy (XEL)- upgrade of resources to reserves on Bentley (200 million Plus)

2. Sirius Minerals (SXX) - update from Queensland Australia seismics and Sino-Agri Chinese deal

3. Imagination Technology (IMG) - confirmation from Apple on IPAD2 and Iphone 5 spec

3 comments:

  1. Xcite said late feb to early march for CPR

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  2. Anon, CI said 'potentially', and you have to remember February is a short month so that could be anywhere from the 3rd week onwards. If you're long on this it shouldn't matter much anyway, as the rewards will come to the patient. I'm thinking 8-12 months away personally. Review then accordingly.

    I don't THINK we'll get news on RKH's SL well just yet, maybe next week. Though I would love to be proved wrong. You never know with Rockhopper, they might surprise us.

    GL with all your decisions. 2011 seems to be shaping up to be interesting. Shale oil is the talked about term right now but heavy oil should also more gain pace as Xcite's mission to produce/develop goes ahead this year.

    Ad it's always good to have some metals in your portfolio. Gold is never a bad little element to own. ;)

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  3. Anon is right that CPR may be later in February but sometimes companies manage expectations with a soft deadline. Hopefully we will get a progress report with the Rowan rig announcement. It feels like a long time since a good RNS landed.

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