SacOil

[NOMAD1]

With Sacoil being involved in exploration in Africa and rumours around saying africa could be the 2nd or 3rd biggest oil producing nation in 5-10 years, and at around 91cents a share, that that make this share a BIG BUY?

[kwagga]

Don't forget the BIG RISK when dealing with small exploration companies. The world is riddled with them and the graveyards full of them. This is a SPEC buy at best.

[partridge]

Someone I think John Kay in a wonderful book called " finance and investment for normally intelligent people who are not in the industry" described small miners as evidenced by a hole in the ground with a dubious personage standing at the top...

[Lee_1]

I have been invested in this company for years. Every year a new scheme, every year issue more shares, every year more dilution till its too epensive to sell what you have left. I think they are the new breed of listed company owners (perhaps only breed), they secure their jobs and bonuses with twaddle. Hope I'm wrong this time