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 cableslackon Aug 21, 2012 1:56am

171 Views

Post# 20240485

RE: RE: RE: RE: RE: RE: Eits latest

Would that I had this info on the kurdish stocks and the sense to sell out before getting hammered. Buy back in and get 2x+ as many shares.

Of course most wildcats have more dusters than successes but now its more dilution to drill more and if and when they do hit, the upswing is good but nothing what it would have been to hit the first time.

So hang onto it for "years" by all means. I've a bunch of different ones I'm still stuck with too.

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