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Estimated 71 Billion Barrels...
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jonna
#581 Posted : Tuesday, November 27, 2012 10:31:42 AM
Rank: Member

Joined: 11/16/2011
Posts: 196
Location: united states of africa
hisah wrote:
@murchr - I saw an FT blog post yesterday that said the find at Twiga was disappointing. The huge selloff is welcome with Papai prospects to be known before end of Dec 2012. Ethiopia is still to come as well as offshore.
I welcome such huge selloffs aka shakeouts smile


You remember that AOIFF was trying to raise roughly $200 million and the market wanted to do it at $8 but KH refused? Lets wait and see but I must say that am enjoying the ride so far as it correlates with what another company is about to do and I cant help but wonder whether the two exploration companies are in cahoots or are owned and financed by the same individual. Well, lets wait and see.
Energy.
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innairobi
#582 Posted : Wednesday, November 28, 2012 3:57:32 PM
Rank: Member

Joined: 9/2/2010
Posts: 845
I think the sell-off was exacerbated by this piece in the Motley Fool over the weekend predicting a bubble burst. http://beta.fool.com/tra...?source=eogyholnk0000001
All my friends are heathens, take it slow. Wait for them to ask you who you know. Please don't make any sudden moves.
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murchr
#583 Posted : Wednesday, November 28, 2012 4:23:30 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
[quote=innairobi]I think the sell-off was exacerbated by this piece in the Motley Fool over the weekend predicting a bubble burst. http://beta.fool.com/tra...source=eogyholnk0000001[/quote]

I guess the fool wanted to get in, no harm tho, it was a time to pick more
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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hisah
#584 Posted : Wednesday, November 28, 2012 4:30:00 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
innairobi wrote:
I think the sell-off was exacerbated by this piece in the Motley Fool over the weekend predicting a bubble burst. http://beta.fool.com/tra...source=eogyholnk0000001

Interesting analysis. It depends where ones entry was.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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sparkly
#585 Posted : Wednesday, November 28, 2012 5:58:21 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
you better listen to this, big things happening!

http://pro.stansberryres...m/1210THIRDLIA/LPSINBEV/
Life is short. Live passionately.
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Nabwire
#586 Posted : Wednesday, November 28, 2012 10:07:04 PM
Rank: Veteran

Joined: 7/22/2011
Posts: 1,325
[quote=sparkly]you better listen to this, big things happening!

http://pro.stansberryres.../1210THIRDLIA/LPSINBEV/[/quote]


Im so underwhelmed, one hour into the lecture, and nothing but tea party rhetoric, gosh!!! Can you pliz pinpoint where exactly he gives analysis of which company to invest in, coz so far its Obama this Obama that, I really dont care what Obama does, I just wanna make money. There is no way Obama can ru for a third term, and the guy is implying Obama will rule by proxy. Also not true, coz Hillary is most likely the next successor, and she is no one's puppet! The only way Obama would be able to rule by proxy is if Rahm Emmanuel is voted in or Obama's campaign manager, David Plouffe. Both are unlikely to win so I rate this lecture as junk. Its a known fact that the US has vast oil reserves that they dont use, so maybe the best way to play this is to own oil stocks since China and the US will fight over commodities, US will buy up more commodities to diminish China's power. So I guess what I've gotten from his lecture is invest in infrastructure, but I wouldnt buy US infrastructure, instead invest in infrastructure stocks in oil producing countries of SSA.
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jonna
#587 Posted : Thursday, November 29, 2012 12:00:47 AM
Rank: Member

Joined: 11/16/2011
Posts: 196
Location: united states of africa
Nabwire wrote:
[quote=sparkly]you better listen to this, big things happening!

http://pro.stansberryres.../1210THIRDLIA/LPSINBEV/[/quote]


Im so underwhelmed, one hour into the lecture, and nothing but tea party rhetoric, gosh!!! Can you pliz pinpoint where exactly he gives analysis of which company to invest in, coz so far its Obama this Obama that, I really dont care what Obama does, I just wanna make money. There is no way Obama can ru for a third term, and the guy is implying Obama will rule by proxy. Also not true, coz Hillary is most likely the next successor, and she is no one's puppet! The only way Obama would be able to rule by proxy is if Rahm Emmanuel is voted in or Obama's campaign manager, David Plouffe. Both are unlikely to win so I rate this lecture as junk. Its a known fact that the US has vast oil reserves that they dont use, so maybe the best way to play this is to own oil stocks since China and the US will fight over commodities, US will buy up more commodities to diminish China's power. So I guess what I've gotten from his lecture is invest in infrastructure, but I wouldnt buy US infrastructure, instead invest in infrastructure stocks in oil producing countries of SSA.


It's like this Nabwire. The president does't give any indications verbally to the public but if you look at the bills being passed or where most of the funding is going for projects that are currently being tested of which if they succeed will be implemented maybe in two or three years from now and their plan is to last for the next 10 years after Obama is gone. Also watch for the Q3 as that's where the action is.
Energy.
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jonna
#588 Posted : Thursday, November 29, 2012 12:03:35 AM
Rank: Member

Joined: 11/16/2011
Posts: 196
Location: united states of africa
[quote=innairobi]I think the sell-off was exacerbated by this piece in the Motley Fool over the weekend predicting a bubble burst. http://beta.fool.com/tra...source=eogyholnk0000001[/quote]

Hahahahaha.

Your analysis of the AOIFF share decline is mind numbing. Try and investigate the Lundins and you will have your answer.
Energy.
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jonna
#589 Posted : Thursday, November 29, 2012 12:15:43 AM
Rank: Member

Joined: 11/16/2011
Posts: 196
Location: united states of africa
@ Nabwire.
Google Startup Act 2.0
Energy.
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jonna
#590 Posted : Thursday, November 29, 2012 12:49:02 AM
Rank: Member

Joined: 11/16/2011
Posts: 196
Location: united states of africa
Interesting piece of article.

http://jrmining.pinnacle...-Mining-Stocks-eBook.pdf
Energy.
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