Bullboard - Stock Discussion Forum Africa Energy Corp HPMCF

Primary Symbol: V.AFE

Energy Oil & Gas E&P

Africa Energy Corp. is a Canada-based oil and gas exploration company focused on South Africa. The Company owns approximately 49% of the common shares and 100% of the Class B shares in Main Street 1549 Proprietary Limited (Main Street 1549), which holds 10% participating interest in the Exploration Right for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is... see more

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Comment by silverlinenson Nov 21, 2022 11:19am

RE:RE:RE:RE:RE:RE:RE:I guess we will sit here

My pleasure. This paper has been an utter waste of time. Lundin boys should be ashamed of what they're NOT dealing with. Come at us,fanboys!

Discussion

Comment by Patrioton Nov 20, 2022 10:43am

RE:RE:RE:RE:I guess we will sit here

You nailed it.

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Comment by silverlinenson Nov 19, 2022 10:07am

RE:RE:RE:I guess we will sit here

1988. The year of the at home dot matrix printer and commodore 128, the aj-1 discovery in block 2B flowed light oil. 35 years later with 2D/3D seismic and decades of paid study because god knows the ...more

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Comment by silverlinenson Nov 19, 2022 6:16am

RE:RE:I guess we will sit here

Great enthusiasm! 10 years of dilution and losses and you cling on to "not yet". You're factually wrong saying no one is getting wealthy off of this. CEO/CFO raised their salaries during ...more

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Comment by alphadog67on Nov 19, 2022 5:24am

RE:I guess we will sit here

Welcome to exploration, Rick. Management probably owns more shares than you do so stop playing the victim here. No one is getting wealthy yet...

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Post by Patrioton Nov 18, 2022 7:57pm

I guess we will sit here

for another 5 years and suffer more dilution.The shareholders keep losing money while mansgement keeps getting wealthier and for what?

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Comment by silverlinenson Nov 18, 2022 11:14am

RE:RE:RE:RE:Africa Energy Sees Exploration Well Fail To Hit Commercial H

What?! This is my first post on this forum. FWIW, 60% is no guarantee. It does however lean in favor of some sort of discovery amounting to more than a few puffs of swamp gas. That and I said it's ...more

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Comment by alphadog67on Nov 18, 2022 11:00am

RE:RE:RE:Africa Energy Sees Exploration Well Fail To Hit Commercial H

Funny how much time you spend trolling this company under different names. Since when does 60% chance of success guarantee a commercial discovery?

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Comment by silverlinenson Nov 18, 2022 10:23am

RE:RE:Africa Energy Sees Exploration Well Fail To Hit Commercial H

Funny how majors find oil using the same tech everyone else does but a "technical team with significant exploration success" as quoted from the AFE presentation study data on shareholders ...more

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Comment by cjohansen76on Nov 18, 2022 9:53am

RE:RE:Africa Energy Sees Exploration Well Fail To Hit Commercial H

Weren't you banned for bashing?

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Comment by Patrioton Nov 18, 2022 9:47am

RE:Africa Energy Sees Exploration Well Fail To Hit Commercial H

The whole management team should be fired in my opinion.

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Post by AwareInvestoron Nov 18, 2022 8:31am

Africa Energy Sees Exploration Well Fail To Hit Commercial H

Africa Energy Corp is out several million after an offshore oil and gas exploration well turned up effectively dry. The firm indicated this morning that the Gazania-1 exploration well failed to hit ...more

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