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Tangiers Petroleum - worth a trade

By Gary Newman | Friday 4 July 2014


Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


The AIM market finally seems to be showing some appetite for oil and gas stocks and I’d expect some of that to spread to Tangiers Petroleum (TPET). A lot has happened since I tipped this company here at 12p back in January, including the deal with Jacka Resources falling through, suspension of trading for a couple of months after the resignation of some of the board members, and the raising of $9 million through equity issues.


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