Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Africa Energy Corp V.AFE

Alternate Symbol(s):  HPMCF

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

Bullboard Posts
Comment by Oregonduckon Mar 22, 2019 6:54pm
111 Views
Post# 29525678

RE:RE:Equity Financing??

RE:RE:Equity Financing??
Well, not "doggone it" but "long gone" as I did sell out at 12 cents. But, I reloaded back at 5 cents when I told people to sell the rights and buy back in at the last Rights Offering on open market (proof of the pudding is my contemporaneous posting) and not just by falsely claiming it...As for Horn Pet., people know my record from archived postings when I pleaded for 'em to dump Horn (AFE predecessor) when it had its big run up. Also, to ditch AOI on its "chicken run" to over $10.00...I have great respects for Lukas Lundin and his late father Adolf Lundin as legendary stock promoters. Lukas has since vanished with his money to enjoy, leaving it to Keith Hill & others to run the Group operations. Still the Lundin Group has excellent money raising power and can provide any funding by loans or debentures at above market interest rates benefitting mostly the Group. Money raising is now done in Stockholm giving rise to the "Stockholm Syndrome" as practically all equity investors there were sucked into their stock offerings despite a punishing record over the last decade but remaining staunch psychological believers...What really soured me was the fact that they petitioned RB Energy into "Double A, Double C" bankruptcy protection, and the stock went to zero, just before all lithium stocks caught fire & went to the moon. They had achieved 99.5% purity on a proven historical Quebec Mine, but for the 99.9% needed for lithium car batteries. Keith Hill blew it.
Bullboard Posts