Matra Petroleum

dave ... i think the key for 2007 is to buy oil and gas shares that are close to production OR small production and are going to ramp up thier production. The safety of producing is now key for a strong SP.

The news yesterday, while optimistic, is just that at the moment. If it comes to fruition THEN we will see good rises.

I am hopefully going to be able to top up again at this level just before the new year and then sit tight and wait.

All of my shares are now 1+ year shares ... can't be arsed trying to judge the rises and falls and have become a long term investor in companies that either have good potential or good production going forward. Wish i had bought some RPT for a 2 year punt this year but it was way too risky up until the last announcement over some of it's best assets.

Good luck with your investments in 2007.

Regards,
IHNC