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Estimated 71 Billion Barrels...
Nabwire
#261 Posted : Friday, June 15, 2012 8:47:27 PM
Rank: Veteran


Joined: 7/22/2011
Posts: 1,325
Thanks alot for your help Murchr
gatoho
#262 Posted : Friday, June 15, 2012 8:59:26 PM
Rank: Member


Joined: 1/1/2010
Posts: 511
Location: kandara, Murang'a
Nabwire wrote:
Gatoho ING sold it to you at a $9.99 fee? Thats cool, question, how much do they charge you everytime you buy and sell? Any maintenance fees?
The biggest block owner is Africa oil/ Tullow, but im in Simba purely for speculative purposes, im hoping they will be bought out. And also the stock usually has great gains at the open, one day it was up 23% at open then closed flat.

This newspaper editor needs to be lobbied to keep printing such articles.. haha hio price ishuke.

Murchr do you have a map for Somalia and Ethipia block ownership?


they did not mention it, The devil is in details. Simba seems to be on free fall now..
Foresight..
Nabwire
#263 Posted : Friday, June 15, 2012 9:25:58 PM
Rank: Veteran


Joined: 7/22/2011
Posts: 1,325
So what is the $9.99 you were talking about?
LOL ati free fall, 2% is free fall, you havent seen nothing yet!!
Nabwire
#264 Posted : Saturday, June 16, 2012 7:22:37 AM
Rank: Veteran


Joined: 7/22/2011
Posts: 1,325
Oh I get it $9.99 per trade. I did some digging and actually ING is very expensive. Every stock that trades below $1, you are charged close to $100 every time you trade it. Lord knows how much they will charge you for foreign stocks. Call them up and find out, you are running all your profits down the drain!
jonna
#265 Posted : Sunday, June 17, 2012 12:58:32 AM
Rank: Member


Joined: 11/16/2011
Posts: 196
Location: united states of africa
Try TD Ameritrade.
Their fees is only $9.99 irrespective of whether you are trading pink sheets.


Nabwire wrote:
Oh I get it $9.99 per trade. I did some digging and actually ING is very expensive. Every stock that trades below $1, you are charged close to $100 every time you trade it. Lord knows how much they will charge you for foreign stocks. Call them up and find out, you are running all your profits down the drain!

Energy.
Cde Monomotapa
#266 Posted : Sunday, June 17, 2012 1:12:02 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Dear Kenyans, do contribute toward #BRINGZACKBACKHOME. In the longrun, it'll create Medical Tourism revenues for the country! #SocioCapital
gatoho
#267 Posted : Sunday, June 17, 2012 4:30:51 PM
Rank: Member


Joined: 1/1/2010
Posts: 511
Location: kandara, Murang'a
Comrade, Its good but smells a lot like a con.. We will then hear how Gubament frustrated efforts blah blah.. but it s better than attending all those Harambees
Cde Monomotapa wrote:
Dear Kenyans, do contribute toward #BRINGZACKBACKHOME. In the longrun, it'll create Medical Tourism revenues for the country! #SocioCapital

Foresight..
gatoho
#268 Posted : Sunday, June 17, 2012 4:33:21 PM
Rank: Member


Joined: 1/1/2010
Posts: 511
Location: kandara, Murang'a
Nabwire wrote:
So what is the $9.99 you were talking about?
LOL ati free fall, 2% is free fall, you havent seen nothing yet!!



Its Td Ameritrade who sold me, ING hata hawakuwa nayo, they told me to email them the symbol they see if they will start it bla bla..
Foresight..
jonna
#269 Posted : Monday, June 18, 2012 7:34:05 AM
Rank: Member


Joined: 11/16/2011
Posts: 196
Location: united states of africa
Hisah, take a look at Africa oil and Horn Petroleum.
They had a private placement in which Africa Oil bought the latter for 0.80 cents per share but would still trade at $1.20 to $1.50.
Now, the thing that's mind boggling is that the shares are allowed to trade in Canada but not in America and from what I understand is that after the expiration date after the 4 month hold.
Would the shares in America trade at the same price as those in Canada considering the fact that the one in America is on hold or will they try to keep up with the Canadan share price after October 9th 2012??

http://www.thepressrelea...leaseSeq=0&year=2012
Energy.
murchr
#270 Posted : Monday, June 18, 2012 7:58:43 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Australian listed petroleum exploration company, FAR Ltd (ASX:FAR) commences data acquisition of their anticipated 3D seismic survey over some of the world’s most keenly sought petroleum exploration acreage off the coast of Kenya.



More & And this
"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
.
hisah
#271 Posted : Monday, June 18, 2012 9:13:52 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
[quote=jonna]Hisah, take a look at Africa oil and Horn Petroleum.
They had a private placement in which Africa Oil bought the latter for 0.80 cents per share but would still trade at $1.20 to $1.50.
Now, the thing that's mind boggling is that the shares are allowed to trade in Canada but not in America and from what I understand is that after the expiration date after the 4 month hold.
Would the shares in America trade at the same price as those in Canada considering the fact that the one in America is on hold or will they try to keep up with the Canadan share price after October 9th 2012??

http://www.thepressrelea...easeSeq=0&year=2012[/quote]
Quote:
If the Horn common shares trade at or above $1.50 for 30 consecutive days there a forced exercise provision will come into effect.

That is the tell tale statement. The price will catch up smile
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#272 Posted : Monday, June 18, 2012 9:54:05 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Apache net prospects for KE block L-8 is 1.4 billion barrels. Very hidden this info in the same brief where they state about finding the largest shale gas field in Canada.

http://investor.apacheco...il.cfm?ReleaseID=683103
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
hisah
#273 Posted : Wednesday, June 20, 2012 8:37:10 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
I'm seeing a Mongolia in Mozambique. GDP = $12 billion. Hot money coming in due to gas = $15 billion.
Investment > GDP - major boom coming up! Some parabolics ground this...

Anyone know KE or EA firms doing biz in Mozambique?

www.nation.co.ke/busines...4/-/ux6v2sz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
Hunderwear
#274 Posted : Wednesday, June 20, 2012 9:25:37 AM
Rank: Member


Joined: 4/14/2011
Posts: 639
When is the booom coming to Kenya?!!!!Waiting for the announcement from Tullow on the commercial viability
Robinhood
#275 Posted : Wednesday, June 20, 2012 9:33:29 AM
Rank: Elder


Joined: 12/11/2008
Posts: 2,306
Hunderwear wrote:
When is the booom coming to Kenya?!!!!Waiting for the announcement from Tullow on the commercial viability


Ditto! It was to have happened by now
Great men are not always wise, neither do the aged understand judgement...
hisah
#276 Posted : Wednesday, June 20, 2012 12:36:02 PM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Robinhood wrote:
Hunderwear wrote:
When is the booom coming to Kenya?!!!!Waiting for the announcement from Tullow on the commercial viability


Ditto! It was to have happened by now

If I had a choice, I'd prefer such an announcement is done post elections.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#277 Posted : Wednesday, June 20, 2012 7:08:54 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
@hisah, rem Ngamia 1 is just one block there are others so they can as well start announcing
"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
.
hisah
#278 Posted : Thursday, June 21, 2012 6:49:19 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
murchr wrote:
@hisah, rem Ngamia 1 is just one block there are others so they can as well start announcing

The longer the news suspense the better. I'm being selfish for I'm not yet done with raising adequate funds Sad
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
murchr
#279 Posted : Thursday, June 21, 2012 7:50:23 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
hisah wrote:
murchr wrote:
@hisah, rem Ngamia 1 is just one block there are others so they can as well start announcing

The longer the news suspense the better. I'm being selfish for I'm not yet done with raising adequate funds Sad


Laughing out loudly Laughing out loudly You better get busy
"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
.
hisah
#280 Posted : Friday, June 22, 2012 6:21:03 AM
Rank: Chief


Joined: 8/4/2010
Posts: 8,977
Good article - www.nation.co.ke/oped/Op...4/-/lqeg8rz/-/index.html
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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