Post by
diognees on Oct 04, 2010 1:20pm
MArket
Well it looks like the some shareholders have decided to get out and and potentially new investors have decided to wait until after the Court Hearing Nothing like uncertainty to promote caution.
Not likely much if any work will be done on the property and the Kenyan Gvmnt certainly can not approve the deal with Tullow until all issues have been resolved
Until then it looks like CTE is in limbo...unfortunately
GLTA
Comment by
rumourmill on Oct 04, 2010 3:23pm
Africa Oil is trading at $1.75. CTE has better property and deals. The only difference is management. Market is saying that the management team at AOI is worth more than 9 times the market cap. of CTE...
Comment by
diognees on Oct 04, 2010 8:20pm
Is there a significant difference in the number of shares I/O ? Just think If it wasn't for the Tullow deal AOI 's shares would be 18 times the market cap of CTE
Comment by
diognees on Oct 05, 2010 9:41am
Hmmmm Is the current selling by nervous nellies or are the drums sending out a message.that there may be a problem ?????