Africa Energy Corp V.AFE

Alternate Symbol(s): HPMCF

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 a 10% participating interest in the Exploration Rights for Block 11B/12B offshore the Republic of South Africa (Block 11B/12B). Block 11B/12B is located in the Outeniqua Basin approximately 175 kilometers (km) off the southern coast of South Africa. The block covers an area of 19,000 square kilometers (Km2) with water depths ranging from 200 meters in the north to 1,800 meters in the south.

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Africa Energy Corp

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Comment by CONSTRUCTIVE_SUBVERSIONon Jul 25, 2012 2:51pm

297 Views

Post# 20151508

skier, that is correct..

Im just wondering if one waits for the next batch of results to come and then take an entry position again or..

Just my gut feeling that I should wait to enter the stock.. Im not sure if we are going to get a massive move even with good news. I think I can live with higher entry point if news is really good.. Thoughts on this skier... Its nearly a coin toss for me.

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