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Africa Oil Corp. T.AOI

Alternate Symbol(s):  AOIFF

Africa Oil Corp. is a Canadian oil and gas company with producing and development assets in deepwater Nigeria, an interest in the Venus light oil and associated gas discovery, offshore Namibia, and an exploration/appraisal portfolio in west and south of Africa. The Company holds its interests through direct ownership interests in concessions and through its shareholdings in investee companies, including Prime Oil & Gas Cooperatief U.A. (Prime); Impact Oil and Gas Limited (Impact); Africa Energy Corp. (Africa Energy), and Eco (Atlantic) Oil & Gas Limited (Eco). The Company is focused on its Nigerian assets, Namibian Orange Basin opportunity set (Blocks 2913B and 2912), Block 3B/4B in South Africa's Orange Basin, and Equatorial Guinean exploration blocks (EG-18 and EG-31). The Block 3B/4B covers an area of approximately 17,581 square kilometers (km2) within the Orange Basin offshore of the Republic of South Africa. The Company has approximately 17% interest in Block 3B/4B.


TSX:AOI - Post by User

Bullboard Posts
Comment by Houndtraderon Apr 10, 2013 4:28pm
365 Views
Post# 21238595

RE: How are we ever going to get 10

RE: How are we ever going to get 10

This might sound like a bash, but its not, We were promised results and we getting them late, which KH said could happen. The bad thing about this is, we are waiting on Tullow.And again, I said I have orders in at much lower prices to add just in case. Last time, I owned a stock that took this long on results, they came back negative. So as just going by past experience. I still hold a majority of shares in the $8.00 area. Took profits with the $4.00 share prices I had.But i'm waiting to see insiders buying,that usually is a good signal.They didn't buy when we were in the low 6's,so that tells my gut to hold off.

Everyone has there own way to invest, It's just too quiet. If he hit and the stock goes up great,I still hold lot's of shares and will average up.

Bullboard Posts