TPT

Including the cheap options, TPT has doubled in value since I bought it in Dec 2010. Sadly, I never topped it up because it kept going up in price.

It announced a trading halt on Friday, "in relation to resource results". In London, the stock was up 25% yesterday. ASX has no authority over the shares traded there.

That means, something positive has happened... most likely in Morocco where it has its best assets. Oil explorers have a habit of turning out failures rather than good hits. If it is true that the news is good on Tuesday when the trading halt is lifted, then 25% rise might be too little. When investing in explorers, you often rely on one good hit to make up for umpteen duds.