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.

TSXV:AFE - Post by User

Africa Energy Corp

Bullboard Posts

Comment by Santanj2950on May 31, 2013 9:46am

197 Views

Post# 21466139

RE: RE: got to be kidding

Skier,

I purposely dont have him on ignore because his comments are so ridiculous I enjoy the laugh My gut tells me AOI and the Lundins will drive the SP up to a decent level before any potential dilution. With all the playesr hoping to make nice with AOI I imagine we will see some type of JV deal that will allow minimul dilution to HRN if any at all before a drill hits the surface. Load up now if you can. Per KH 6-8 weeks seems to be the timeframe for the action to pick up. Seems like the market is already seeing it that way as well. This stock was in the high dollar range just from drilling in Somalia. Imagine where it will go with a better partner in a more stable area with proven reserves. To the moon Alice......... JMHO of course.

GLTA

Bullboard Posts

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