By Scott Winter | Tuesday 15 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.
This updated piece clarifies that the listed companies mentioned own stakes in Horse Hill Developments Limited, which owns 65% of the Horse Hill oil exploration project.
Since the beginning of June, there has been increasing speculation concerning the upcoming Horse Hill oil exploration drill in Surrey. Share prices of the four original David Lenigas influenced companies have increased by 200-300% in this time and I expect each of them to move even higher in the next few weeks, as the excitement increases the closer we get to the commencement of drilling. On Friday, two further companies joined the Horse Hill party in the form of Alba Mineral Resources (ALBA) and Regency Mines (RGM). It is worth mentioning that Regency also has a 14.9% stake in Alba, but the question remains which of the Horse Hill horses could be the largest winner?
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