Wilton Resources Inc V.WIL

Final Stage

[Dazzle01]

In July WIL indicatedd they were in the final stage of closing an opportunity, it has been some time without any additional information. Over the past few months the CEO and at times the entire Executive team have been in Africa.
Given the teams expertise in operating in the Sahara Desert and success they enjoyed in Algeria  I would assume they are a prime canidate to be considered for any exploration or explotation opportunities that are avaiaible in North Africa. The rhetoric coming out of Libya continues to focus on increasing production, possible oil and gas licencing rounds etc. 
With Libya demonstrating renewed stablity and WIL comments that they are in the final stage of capturing an opportunity I suspect we should see something some time in Q2.

[DoctorMoreau]

I've been " locked and loaded" since sometime in 2012! Q2 2024 would be nice. 

[summitking]

Hey Dazzle, what and where did WIL mention they were in the final stage of closing an opportunity?  There seems to be some momentum right now but I have no idea what's going on.  Anyone have any information at all?  Clearly someone thinks they know something and are loading up....

[DoctorMoreau]

The new found momentum of WIL seems to coincide perfectly with the ousting of Libya's oil minister Mohamed Oun. Again this just another guess as we never know what's going on.   https://worldoil.com/news/2024/3/28/libya-s-dramatic-oil-minister-replacement-may-revive-production-following-years-of-volatility/  

[stoptheleyes]

Doc you have been waiting for a LONG TIME, what has kept you going for so long? We are all living on rumors and speculation. I would think that if Wilton is trying to put a deal together in Libya the change of Oil Ministers will set back the process. This political change and overall unrest/polarization can't be good for anyone trying to do business in Libya. Not a great investment at this

[DoctorMoreau]

According to the news article that I provided the link for, Oun was standing in the way of many new deals! Yes I have been waiting for a LONG TIME. Back in 2018 I thought it was taking too long. I pretty much have just considered it lost money with my fingers crossed. The risk with most of the Venture Exchange stocks is considerable, but funny enough WIL has done better than most of the crappy

[willyrun3]

interesting article for sure.  I have no idea, could be a good thing or could be a bad thing.  i would assume we should know shortly.    Good luck to all.