Messaging International Share Discussion Threads

[mcbeanburger] 20/3/2012 11:00

interesting to say the least - i'm going to make some phone calls on the back of that.

thanks Gray.

[gray1107] 20/3/2012 10:10

O/T Range 100% offshore Nugaal.

[itsonlyme2] 19/3/2012 18:45

I bought in last week @about .22/23 and it crashed to .13 phew glad to see it back up to .19-.21 up 44.8% feeling happier now

[mcbeanburger] 19/3/2012 18:20

well well well.... who'd a guessed it eh!

nice reversal - one purchase took it from .18 to .22 of 150k roughly. that is the kind of buying i like to see.

trust everyone stayed the course and didn't sell.

[mcbeanburger] 16/3/2012 20:26

hmm i only think about my stocks but know the feeling. price level will return but that will depend on completing the financing and closing the PSA.

don't have any spare cash or i would have been in around .13 - striaght off the weekly chart.

[jonno1] 16/3/2012 16:20

looks like we have been stitched up, down 40% in a month, all the other plays flying

[stevn] 15/3/2012 11:42

Thanks McB, I will need to do some homework to see exactly whats being handed on a 'plate' concession wise, however at first glance it does look like current events are proving HC across the pre-rift.

Hopefully a nice addition to the PF.

[mcbeanburger] 15/3/2012 09:44

number 4 above stevn - not in disputed waters either.

[stevn] 15/3/2012 09:42

Anyone came across a map which highlights the location of the negotiated puntland block?

I'm in this share for the long term so will buy more on dips on the path ahead
(£7k flag planted around 15p if a recall correctly...)

[mcbeanburger] 15/3/2012 08:20

they could choose what they wanted, it was down to getting the money for proving they can do it.

my understanding after the uk conference pressure was put on mes to deliver the all the funds in record time... they did what they could with what they could.

indeed that is the way forward - once the know where the hot spots are then the farm-outs will start.

[itsonlyme2] 15/3/2012 07:25

its funny mes managed to get the best offshore block, I wonder who gets the other blocks, you would have thought that these other blocks would have gone long time ago, how do you know big oil in,

maybe mes will farmin with bp

[mcbeanburger] 14/3/2012 21:35

uk conference.... big oil in.... mes out! so i'm hearing. explains it all.

however, we have the best block of the 3 on offer.

we have moved to being a "minor to major" in puntland to be strategic land holder....

come on down mr big oil and get a slice.

back to holding and waiting... sigh.

[mcbeanburger] 14/3/2012 18:12

then i won't tell you how much i have then. overall in profit but just not smiling right now.

[itsonlyme2] 14/3/2012 17:57

tissue please, bought in 10k early market @ 0.22 now its 0.15 should have waited, sniff,sniff lol

[mcbeanburger] 14/3/2012 17:50

this explains the share price action over the last couple of weeks - it should be moving up pending the news from Horn but wasn't. clearly the news was out for some.

[mcbeanburger] 14/3/2012 17:49

hi all,

i have been trying to get someone from the company to confirm this. no answer. but judging by the market action and the selling before the news this appears to be the case that they have plummed for just the one.

i beleive this is the one off shore that is where the big numbers are.

[itsonlyme2] 14/3/2012 16:38

But surly that offshore one is the one get????

[gray1107] 14/3/2012 16:26

The RNS seems to state a reduction in interest from three blocks to one:

CALGARY, ALBERTA--(Marketwire - March 13, 2012) - Marauder Resources East Coast Inc. (the "Company" or "Marauder") (TSX VENTURE:MES) is pleased to announce that its previously announced Memorandum of Understanding with the Government of Puntland has been amended following a thorough technical review by the Company. Marauder has selected an offshore block, covering 10,000 km² in the Gulf of Aden, in which to focus its exploration efforts, believing the acreage has the best exploration potential of the three blocks reviewed under the original Memorandum of Understanding.

[mcbeanburger] 14/3/2012 16:00

27% but who's counting :-(

not sure what this issue is here... profit taking? no news on the other two concessions has spooked the market?

totally confused.

[itsonlyme2] 14/3/2012 15:25

sp 23% down

[mcbeanburger] 14/3/2012 13:51

well market not really interested at all... strange. I guess this is more of the same so not much to get excited about.

price at the end of the day will tell the tale.

[mikkydhu] 14/3/2012 09:29

Thanks, McB.
Here's hoping.

[mcbeanburger] 14/3/2012 09:27

Hi Mikky,

there are estimated billions for nugaal east and the second off shore concession.

drill timelines...

i guess the above is pending further financing.

rgds

McB

[mikkydhu] 14/3/2012 08:41

Hi McB,

Can you tell us what "complete picture" you had hoped for? And how far off it are we and will it come?

Cheers, M.

[mcbeanburger] 14/3/2012 08:19

15 million - for the off share siesmic (sp?) studies no doubt.