4068 days ago
4108 days ago
Shares in all of the Falklands oil plays are ahead today thanks to a presentation by Border’s & Southern (BOR) which seems to have excited a few folk although to me it seems to contain a lot of ifs and jam tomorrow. I remain bearish on that stock but even more so on Falklands Oil & Gas (FOGL) , shares in which are 3% ahead on the Borders hype at 32.5p. I have been a long time bear of this company and would regard this temporary spike as an ideal cue for shareholders to get out for reasons that I explain below.
Falklands remains a Bulletin Board darling ( itself a bad sign)
4133 days ago
The Argentine economy is going down the toilet. Inflation is 25%, growth is slowing fast and workers are protesting on the streets. In large part this is down to the misguided policies of the Botox-loving President Fernandez. In order to deflect attention from her own incompetence the silly cow is once again stoking up a row over the ownership of the Falkland Islands where a plebiscite this year will show that 99% of the sheep shaggers wish to stay British.
Her latest ruse is to waste Argie Government cash by taking out an advert in a British paper which makes huge operating losses from spouting piffle for its dwindling readership of ageing deluded lefties and whose (profitable) parent company is one of the smartest tax dodgers going. I refer, of course, to the Guardian. Both Argentina and the Guardian can piss right off.
Britons settled in the Falklands when they were deserted since the European political elite who rule the artificially created country that is Argentina were, at that time, too busy exterminating native Indians
4226 days ago
I know that some folks reckon that our Piss Off Argentina T-shirts and mugs are a gimmick and do not really exist. Well they do and always have done. And here is the proof: I have today received five in the post.
One is for me (as you can see below). Two are for caption contest winners other than me. One is for David Cameron for the next time he goes to the UN. And we will be presenting one to the Argentine embassy in London shortly as a gift for that mad cow who is in charge of the Argies right now.
4232 days ago
They are at it again. Argie President Kirchner has again demanded that the UK discuss the future of the Falkland Islands with her. What does this silly woman and her countrymen not understand. The Falklands are not called the Malvinas and are British.
Speaking to the assorted dictators and despots who sit in the UN General Assembly the silly woman claimed that
“Next year it will be 180 years since the UK illegally usurped our Malvinas Islands. We reiterate this is not a bilateral issue between the UK and us, this issue has become a global issue – there have been many resolutions all asking the UK to sit down at the table and talk to Argentina, but they refuse we just request compliance with the UN resolution.“
Ok. Let’s get the facts straight.
4259 days ago
I noted here the other day that I had grave reservations about whether the Darwin condensate discovery made by AIM listed Falklands oil explorer Borders & Southern (BOR) was indeed quite the company maker that some folks thought it was. The shares were, at that stage 32.5p. Today they are 24.25p.
Apparently there is bad weather in the South Atlantic which some folks think will delay drilling down there. Get used to it. The waters of Port Stanley will never be like those off the Costa del Sol. That is a given. It should not drive share prices. I do note, however, that a leading oil analyst has served up a note which rather echoes my sentiments of a few days ago.
4282 days ago
I note that yesterday, the stock price of AIM listed Falklands Oil & Gas (FOGL) jumped by 10.25p to 85.25p ( a gain of almost 14%) after it announced that it had spudded its first well in the South Atlantic as it always said that it would do in August. To be fair there was other news as well. But I wonder how many of those who piled in yesterday actually know what spudding means?
4330 days ago
The incredibly ugly woman who is President of Argentina (Cristina Fernandez de Kirchner, if you care) has attempted to confront Call Me Dave over what she calls the Malvinas. History is written by the winners so I shall stick with the Falkland Isles. To give him credit CMD told the old trout to piss off and that is exactly what Britain should do if the Argies try anything on once again.
