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Monday, 11/07/2011 2:05:42 AM

Monday, November 07, 2011 2:05:42 AM

Post# of 98
Latest from TOMCO BB in UK


rmart - 6 Nov'11 - 23:26 - 11181 of 11187


For Newbies, from the Mail article.

TOMCO - A Gusher for Every Portfolio.

Our eagle-eyed independent investors doing their due diligence have spotted that a company called Kenglo One owns almost 35 per cent TomCo’s equity. This is one of the investment vehicles for Chris Brown, the former Williams de Broe analyst who made his fortune at London Mining.

(he also made a fortune for london mining shareholders)

Forensic inspection of the share register throws up two other names – Mark Donegan and Dominic Redfern, respectively managing director and partner at Altima Partners, the private hedge fund which backed Brown in his early days.

(these guys each put £1m and £1.25m of their own cash into Tomco shares)


A recent spike in the TomCo share price has been prompted by speculation that Red Leaf, which is mining the nearby Seep Ridge area using the same technology, is talking to one of the oil industry’s majors, possibly Total.

(this bit is true)

City firm Optiva Securities says the company is worth 10p a share, which is still a 60 per cent discount to the net present value of its assets. (discounted from 24p) Analyst Jason Robertson concludes: ‘As both Red Leaf and TomCo move nearer to their respective production points, we anticipate a rapid project de-risking and elimination of the above discount.’

(sp to reach 24p)

There is an intricate network of contacts in the City that operate to everybody’s mutual benefit – everyone except, of course, Joe and Josephine Bloggs trading their SIPP.

................

So if you are the equivalent of Joe and Josephine Bloggs and you would like a multi bag share in your portfolio, do some of your own research and get yourself some TOM shares.

The Tomco Express departs at 8am tomorrow - Choo Choo.

And a Message to The Fat Controller (the FSA ) V.
There was no need to force that RNS on Tomco. If you bothered yourselves to do some research into companies before getting your clipboards out you would realise that the SP is so far undervalued that it is simply finding its real level.

http://www.thisismoney.co.uk/money/markets/article-2057739/INVESTMENT-EXTRA-Traders-gushing-TomCo-shares.html?ito=feeds-newsxml


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