What a story, here is a tiddly oil company that has struck oil in Kurdistan. It had been widely tipped, but not as much as FTSE100 Heritage Oil. The shares were as low as 10p a few months ago. I bought some as a punt at 21p (two weeks ago), thinking I had probably missed the best rises for the year, but maybe with another oil find and confirmation of production, it could hit maybe 30-40p.
Well, they hit more oil today and currently the shareprice is nearing £1. Blimey, what a lucky strike!