BUY alert .....

:) :) :) :) :)

Hi folks,

A couple of target dates ahead, for BUY news:

30 April - 03 May 04

25 June 2004.

Price targets upside: 16 - 22 - 32 ...?

Stop loss: 11 ...?

happy trading all

yogi

:) :) :) :) :)

:) :) :) :) :)

Hi folks,

Not sexy yet, but BUYers lining up now .....

Looking for news from BUY on 08112004,
as two short-term cycles fall due.

Other dates to watch, particularly the cluster,
late in January-early February 2005:

19-22 and 30 November 04

22 December 04 ..... looks big

07-10 January 2005 ..... positive news?

18 January 05

28-31 Jan 05

01-03 Feb 05

15-16 Feb 05

25 Feb 05

happy trading all

yogi

http://easy-trading-tools.00cd.com

:) :) :) :) :)

?????????????????????????????????????

Looks like a lot of bull**** to me !!!!!!!!!!

Yogi's probably right: now is the time to get set on BUY, that is if you are set on getting on it. There are a coupla things I would be checking out, though. One is their cash position (don't think its all that good), and secondly whether the 'junior oiler' rush will continue until they rig up and drill their prospects. If the current 'wildcat' trading pattern holds, you should see a run up in price as the drill approaches the target, plus extra upside if there are any hydrocarbon shows on the way down. Thus, at these stages, I'd be looking to lighten the load and be selling to cover possible losses if the hole comes up a duster. Of course, that means that if it is flush with oil then you've cut your profits, but you have to remember even at the very best of times the strike rate is no better than one in two, even if there are hydrocarbon shows on the way down.

IMHO, BUY is probably slightly overpriced at the moment - but that doesn't mean the price isn't going get any higher a little way down the track.

A lot of what I've written here is pretty basic trading stuff - better discussions of oil and gas co's can be found at Coaster's forums: www.fixx.co.nz. I'd also be looking out for any posts by Ian Whitchurch, among others, on the Aussie forums - though he seems to have hunkered down since Arwon come up a duster for some reason! Whitchurch has a good idea on oil and gas prospects, though I'm led to believe Yogi doubts his capabilities!

:) :) :) :) :)

Hi folks,

FWIW ..... BUY has just rattled the tin long enough,
to raise enough funds to cover the first two wells,
at least.

have a great weekend all

yogi

http://easy-trading-tools.00cd.com

:) :) :) :) :)

Thanks for the correction, Yogi. Probably looking better in the cash column then GOG at the moment, anyway!

Yeah they did a share placement to raise some cash for the upcoming drilling. The buy side has certainly picked up over the last week with now more than twice as many buyers than sellers wanting the shares. Small peak to 15c not long ago...may see this again...and hopefully more as the drills get closer.

Disc...hold

Hi yogi would be curious to see one of your charts, cheers

:) :) :) :) :)

http://www.ttrader.com/mycharts/disp...Traders&id=674

..... not much to see really, snow.

Lower dotted blue Gann line is anchored on
05092003 = day of a high for BUY.

Likewise, the parallel blue dotted lines
above are anchored at lows in October 2002
and May 2003 .....

http://www.ttrader.com/mycharts/disp...Traders&id=674


Vertical lines are longer cycles and time scale includes
weekends and holidays ... ie using calendar days.

happy days

yogi

P.S. ..... holding BUY.

http://easy-trading-tools.00cd.com

:) :) :) :) :)

:) :) :) :) :)

You can check the BUY charts at:

http://www.ttrader.com/mycharts/disp...Traders&id=674

and

http://www.ttrader.com/mycharts/disp...Traders&id=674

..... not much to see really, snow.

Lower dotted blue Gann line is anchored on
05092003 = day of a high for BUY.

Likewise, the parallel blue dotted lines
above are anchored at lows in October 2002
and May 2003 .....

Vertical lines are longer cycles and time scale includes
weekends and holidays ... ie using calendar days.

happy days

yogi

P.S. ..... holding BUY.

http://easy-trading-tools.00cd.com

:) :) :) :) :)

:)

..... be sure to scroll thru the other
charts posted there as well, snow ... :)

happy dayz

yogi

:)

Thanks Yogi , wonder if there was any old threads discusing the gann system you could point me in the direction off , am doing a study (probably life long) on different trading techs and interested to take a look, a bit left feild but if it worked for him carn`t be all bad.

Snow

Looked at BUY, but went for VOY options. Now BUY have the $ to fund this drilling.... overall an interesting time in the Perth Basin!

Hey guys good depth building for this one on the buy side [8D], anyone know some actual dates for drilling, and strike rate for hiting oil, they look to have a lot of options covered and wondered what was first?

cheers snow

:) :) :) :) :)

Hi snow,

If you do a google search on gann, you will
find thousands of links, here's a few:

http://www.trendways.com/historic/gannsq9.htm
http://site.ebrary.com/pub/kessinger/
http://www.lambertganneducators.com/...nine-part1.php
http://homepages.ihug.co.nz/~ellsann/index7.html
http://homepages.ihug.co.nz/~ellsann/index5.html
http://www.isd.net/jberends/books.html
http://www.globalviewtech.com/home.php?m=0
http://community-2.webtv.net/@HH!4C!E5!D739D878E41B/pnreda/cgw/
http://www.aeroinvest.com/about/gann/INDEX.HTM
http://www.amscomputer.com/cooley.htm
http://gannman.com/
http://www.naviamarkets.com/dzine/TechAnal.htm
http://www.acrotec.com/gann/gann.html
http://izul.8u8.com/master/gann/gann_career.htm
http://www.sacredscience.com/ferrera/gannwheel.htm
http://www.geocities.com/WallStreet/...02/gann-s9.gif
http://www.aeroinvest.com/broadcast/...uareofnine.htm
http://www.ls-trading.com/page12.html
http://www.luckowgroup.com/l&sbooks.htm
http://www.gannalyst.com/Downloads/G...duction_nf.asp
http://ncmason.org/book/G.HTM
http://www.lambertganneducators.com/articles.php
http://www.sitm.com.au/
http://www.cycle-trader.com/author.htm
http://homepages.ihug.co.nz/~ellsann/index31.html
http://www.webtrading.com/gannarticle1.htm
http://www.sacredscience.com/gann/gann1.htm
http://www.webtrading.com/gannforecast.htm

Hope this helps you some .....

happy dayz

yogi

:) :) :) :) :)

Thanks Yogi will keep me out of trouble for a while!

Snow

:) :) :) :) :)

Hi folks

BUY farmout to ARQ ..... news comes in on TIME,
see post 05112004, above ..... :)

happy days

yogi

P.S. ..... holding BUY

http://easy-trading-tools.00cd.com

=====

:) :) :) :) :)

:) :) :) :) :)

Hi folks,

BUY in trading halt .....

..... see previous post above on 05-11-2004,
detailing time cycle dates for BUY.

From that post:

"22 December 04 ..... looks big"

happy trading

yogi

:) :) :) :) :)

[quoteFrom that post:

"22 December 04 ..... looks big"
[/quote]

Would that be good big or bad big???[:p]

disc...hold BUY

?????????????????????????????????????????????????

Yogi etc

YOU and I MUST have been born on different planets !!!

I have no idea what you are on about

:) :) :) :) :)

Hi folks,

Looks positive from here ..... a trading halt
for 2 announcements ... one to say they have
purchased a small extablished oilfield and
the second ... to say that they have raised
the cash to fund the purchase ..... :)

-----

Fredster, even for aliens it is really very
simple, each market has its own unique time
cycles, that can be projected forward to
anticipate company news or market moves.

As time is constant, the time axis on our
chart is much easier to analyze, than the
variable price axis on the same chart.

Knowing WHEN to trade is more important,
than the price .....

happy trading

yogi

http://easy-trading-tools.00cd.com

:) :) :) :) :)

Topped up today at 7.5c and hope to at least breakeven (9.5c)
Buy is a partner in the magnolia prospect to be drilled in July and is a strong buy early sell before spud play imo

:) :) :) :) :)


Hi folks,

High volume in BUY today, as it confirms the lows .....

have a great weekend all

yogi

:) :) :) :) :)

:)

Hi folks,

BUY ... still ticking up nicely and looks
quite strong, right now ..... :)

No BUY news yet, but we have liftoff, with good
supporting volume and a finish near the day's highs .....

..... chart looking good now, with key dates, ahead:

20-21072005 ..... 2 cycles ..... positive (?)

25072005 ..... change of direction/management ... ???

08082005 ..... 2 major cycles come together here.

15082005 ..... minor ..... positive (???)

19-22082005 ..... minor ..... negative(???)

happy days

yogi

P.S. ..... holding BUY.

:)

Greetings Yogi
I see the SP shot up to $179 early Feb 2003 and then shot straight back down again ... What was that all about ?!!

:)

..... are we talking about the same stock, Winnie???

:)

Obviously a mulfunction with Direct Brokings chart??
I was thinking it was a bizarre chart :)

:)

Hi folks,

BUY ..... should add:

Shooting for 50% retracement of downleg,
at 14.5 cents, around 08122005.

happy days

yogi

:)

=====

:)

Hi folks,

BUY ..... looking to re-enter now, so
here's some updated time cycles:

19-20092005 ..... 2 cycles, positive news here ???

06-07102005 ..... significant cycle ... finance-related???

11102005 ..... major cycle ... flat for a few days???

13-17102005 ..... minor

21102005 ..... minor

28102005 ..... minor

03112005 ..... minor

18-21112005 ..... significant, with spotlight on BUY

29112005 ..... significant news (?)

09122005 ..... 2 positive cycles here, significant (?)

14122005 ..... major cycle ... flat for a few days (?)

19122005 ..... minor

Shooting for a 50% retracement of downleg,
at 14.5 cents by 08122005, with some other
resistance around 12 cents, on the way up.

Downside support may be found, around:

8.7 - 8.1 and 7.7

happy trading

yogi

:)

And its Oil !!

http://www.gtp.com.au/bountyoil/inew...s_Report_7.pdf

:D:D:D

Whats happening ? big interest in BUY today and up to 11.5 at one stage.

<center></center>Sunday Star Times


Oil giants eye small fry's field
25 September 2005
By GARRY SHEERAN

The government wants to evict a small Australian oil explorer from the Great South Basin off Stewart Island to allow multinationals first crack at what could be one of the world's biggest oil fields.


That is one view from within the industry as Perth oil newbie Bounty Oil awaits a decision from the Ombudsman in its fight to keep its drilling permit.

Crown Minerals is trying to revoke Bounty's permit because it had not started drilling in the agreed three-year time frame.

Bounty Oil managing director Laurence Roe said bad weather and availability of a suitable rig to drill in very deep water had delayed its plans.

"We put what we thought was a compelling case (for more time), but they didn't see it our way," he said.

Bounty believed it was being treated unfairly, and took its complaint to the Ombudsman. A decision is expected early next month.

Crown Minerals group manager Adam Feeley, speaking to the Sunday Star-Times from hurricane-threatened Houston in Texas, would not comment on the case.

"But there's only one thing that would keep me here right now, and that's the Great South Basin," he said.

"Oilmen talk about elephant country when there are huge prospects, and there are some big elephants in the southern basin."

Crown Minerals has indicated it will next month offer permits to oil firms to drill in the Great South Basin, where recoverable reserves of gas have been estimated to equal the Maui field when it was first discovered off the Taranaki coast more than 30 years ago.

Feeley said new permit blocks could cover up to 70,000sq km around the 6790sq km permit area granted to Bounty Oil in 2001.

He said there were big US-based multinationals enthusiastic about the prospects in the Southern Ocean, as well as in offshore Taranaki and the East Coast.

These companies have market values measured in billions of US dollars, while Bounty Oil has a market value of $A15m ($16.5m).

Bounty's problems in trying to drill its permit area have been compounded by the withdrawal of two partners.

Bounty has been left holding 90% of the permit interest, and Roe said it would have to seek new partners if it succeeded in holding on to the permit area.

Bounty Oil's plight has won sympathy from Kiwi oil industry sources, who believe the government wants Bounty out of the area to offer new players a freer hand.

"That's something I couldn't possibly comment on," said Roe.

trading suspended pending an announcement

any clues ?????

:)

Hi folks,

BUY ... maybe a poisoned pill for DLS,
as it tries to wrest control of the
BUY boardroom ..... ???

happy days

yogi

P.S. ..... BUY news of trading halt comes
in on time, as per post above 19092005 ... :)

:)

Ah ha I now see what is happening, bit of wresting for control going on.
Any one have a better idea than me to suggest who is right and who is wrong in this battle ??

:)

Hi folks,

BUY ..... will be alert for some positive news
over the next couple of days, as 2 time cycles
slot into place ..... may be finance-related???

Another minor cycle due around 19122005, as well ... :)

happy days

yogi

:)

:)

Hi folks,

BUY ..... as per post above, placement announced
for woking capital, today .....

happy days

yogi

:)

:)

Hi folks,

BUY ..... as per post above, on 19092005:

13122005 ..... "may be finance-related???" = placement

19122005 ..... minor cycle = brings news of continued blood-letting
in the hierarchy, with the resignation of the company secretary, today.

-----

Looking ahead into 2006, time cycles for BUY
show us possible key dates, on:

03012006 ..... minor news

06-09012006 ..... minor and positive ... finance-related???

18012006 ..... minor and positive

20-23012006 ..... minor and positive news


07022006 ..... significant and negative news???

10-13022006 ..... significant and negative move???

16022006 ..... significant and negative spotlight on BUY


02032006 ..... 2 cycles here ..... significant and positive
news ... finance-related???


happy days

yogi

:)

:)

Hi folks,

BUY ..... off its confirmed lows now,
with some positive news expected,
about 01052006 ..... :)

For a longer-term view, see link for
BUY chart, below:

http://www.incrediblecharts.com/foru...006-796593.pdf

Technically, shooting for an exit target,
around 13.5 on 13042007.

happy days

yogi

:)

Reported in NZ papers today

Bounty Oil hangs on to valuable permit
18 May 2006
By MARTA STEEMAN

The stakes are rising for small Australian explorer Bounty Oil as it clings to a valuable exploration permit after another Australian explorer surrendered its permit.


The surrender by Magellan Petroleum Australia of its permit in the Great South Basin, south of Bluff, means Bounty is the only company standing in the way of a Crown Minerals international tender of 40 blocks in the basin.

The more than 100,000 square kilometres is considered by Crown Minerals to be potentially one of New Zealand's largest sources of gas and oil.

Bounty is fighting in the High Court Crown Minerals' revocation of its permit for not meeting the conditions – processing seismic data and drilling a well.

Bounty blames circumstances outside its control and says it made all reasonable efforts to comply.

Bounty estimates gross oil and gas reserves are worth $US800 billion ($NZ1285 billion) in the basin.

Justice MacKenzie has reserved his decision after a 2½-day hearing in Wellington this week.

AdvertisementAdvertisementOil giant ExxonMobil is trying to get its hands on Bounty's permit and a lot of other acreage in the basin.

Magellan said in its recent quarterly report that it had been searching for partners to fund the drilling of a well, but appeared not to have found any.

Big players are likely to be waiting for the tender.

Crown Minerals general manager Adam Feeley said the surrender meant the tender process would be cleaner because Magellan's permit covered five of the blocks. The tender could still take place, excluding any areas under permit from the bidding.

Magellan has submitted its permit for surrender, taking effect from today. It had an obligation to make by tomorrow a firm commitment to drill.

Mr Feeley said general practice in such circumstance was to give up the permit. That meant Magellan retained its good standing with the Crown.

:)

Hi folks,

BUY ..... updated astroanalysis gives us these
key dates, ahead:

04-05092006 ..... 2 cycles here, may be negative initially,
with some finance-related news (???), but positive sentiment
should win out in flat trading .....

11092006 ..... positive news here???

20-21092006 ..... positive spotlight on BUY

27092006 ..... minor and negative (intraday)

28-29092006 ..... positive and finance-related cycle ???

-----

10-20 November 2006 should be a very positive
trading period for BUY ... :)

happy trading

yogi

:)

:)

Hi folks,

BUY ..... up more than 50% today, as Fontaine pulls a
rabbit out of the hat ..... :)

As per post above, we will be looking for a
strong rally ...10-20112006 ???

happy days

yogi

P.S. ..... holding BUY, again.

:)

=====

YOGI...Can you post an update.....Interested in all avenue's at the moment..
Thanks

Id like to hear Plungers view...
Ive been watching BUY for the best part of a few years and I did notice a big sell off yesterday...
Im very interested in AC/P32 monster target well..
:cool:
.^sc

tiny bit of background on AC/P32 drill...
3rd quarter drill targeting 200 Million bbl... dual target at Wisteria...
Timor Sea... 10% stake...
when the market gets hold of this as drill gets closer, she will take off...
:cool:
.^sc

Quote:

---

Originally Posted by ScrappyO

YOGI...Can you post an update.....Interested in all avenue's at the moment..
Thanks

---

:)

BUY update ..... posted 04042008:

Hi ScrappyO,

BUY ..... allotment of shares from recent SPP should have been done today, so
there will likely be an announcement, early next week ...

Other time cycles ahead for BUY:

04-07042008 ... positive news expected ... finance-related???

16-17042008 ... 2 cycles here and news expected

28042008 ... minor cycle

01052008 ... significant and negative news expected

05-06052008 ... aggressive rally expected, triggered by positive cycle

16-19052008 ... negative spotlight on BUY

22-23052008 ... significant and negative news ... finances???

16-18062008 ... 2 difficult cycles = flat-to-down trading ???

27-30062008 ... significant and negative cycle expected here.

July 2008 may well be a positive month for BUY ... :)

More later .....

have a great weekend

paul

:)

=====

How come all you oiler gurus out there haven't been keeping us tuned in to the BUY story? Up 50% today, on good volume - $2.75 a share potential (so the Investor Presentation said!?) Must be worthy of some comment by you bright boys?

Quote:

---

Originally Posted by COLIN

How come all you oiler gurus out there haven't been keeping us tuned in to the BUY story? Up 50% today, on good volume - $2.75 a share potential (so the Investor Presentation said!?) Must be worthy of some comment by you bright boys?

---

Up another 30% today and still no interest from any of you guys!!! What/why/how/where/who?
It must be looking fantastic on Phaedrus' charts - probably blown the limits.

Quote:

---

Originally Posted by COLIN

Up another 30% today and still no interest from any of you guys!!! What/why/how/where/who?
It must be looking fantastic on Phaedrus' charts - probably blown the limits.

---

jeebers. that volume alone is pretty impressive. either smart money in or smart money out. i suspect in.

The longer a trading range runs, the more vigorous its breakout is supposed to be. This one was explosive.

http://h1.ripway.com/78963/BUY824.gif

Quote:

---

Originally Posted by evilroyrule

jeebers. that volume alone is pretty impressive. either smart money in or smart money out. i suspect in.

---

Been following buy, but missed the boat, was going to buy, BUY on friday when it open at 7 cents, decided against it.

Do'h!!!!!!!

I mentioned this stock at the last chch sharetraders meeting, for its Sydney Basin potential...
Oiler had a list of all the ASX oil stocks from Stock Analysis, by Peter Strachan...
He looked it up straight away and he read it out...
It said,
AVOID, SELL...

nothing more was said...

I mentioned it a few times around but never followed it up...
I feel abit dissapointed...
great run...
nice for all involved...
:cool:
.^sc

anyone prepared to state where they see this run going then out of interest? im not in it and no funds even if i wanted!

The stock is full of hype promoted from Bull-boards , and especially the company in presentations . Full of false momentum . It ranged wide today 12-17.5c , on huge volume of 160m t/o. Finish 13.5c . The end of the day not firing well . Traders will move on as not much to carry this on as the truth dawns . A rig ann is not likely as that is not easy as they all think . Dont expect anything on the rig scene till well into next year but if they want to put up big money , it can happen tomorrow . And that annASX S708 capital raising today at 5c has just got to add to the bad taste in the mouth.

Interest will wane and lower price will be see I expect . [7c by quarterly Report time is my feel]

dyor

Quote:

---

Originally Posted by ELYOB

And that annASX S708 capital raising today at 5c has just got to add to the bad taste in the mouth.

---

Agreed ELYOB, Warning bells all over the joint.

The game of Hot Potatoe is drawing to a close and now counting on the co's big Maybe, Just maybe, or the big IF we hit type sell to market.

No wonder the ASX will be put on the sidelines next year for ASIC to take over as the conflict of interest with sophisticated mates and insto's cleaning up for so long.

What a joke although very interesting to witness.

All I can say is glad I never played, but Congrats to those who bought early and got out to make heaps, but sheez, what a scam with todays ann.

Thanks, chaps. Glad I asked about this. Seems a good one to leave alone - at least at this stage.

Heres that thread you were lookin for Shrewdy