GOLD OIL, Oil Exploration in South America (Moderated)

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Stephanie_M - Thu, 28 Dec 06 :

This is a great little company in my opinion.Current Price 9.25/10p and one of my 3 for 2007. I know from an association with another oil exploration company that not everything runs like clockwork and that there will be delays with licence applications.Companies are at the mercy at times of slow Government Departments. Even look at the 24th Round North Sea Applications. They were supposed to be announced in the Autumn but DTI not announced results yet.So it is not only in S America where problems lie, but on your own doorstep.If new investors to tthis thread have not got patience (6/12 months) then they would be better off investing in shares other than oil exploration companies.
SM
E Mail stephanie.speculator@gmail.com


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