Persian Gold Share Discussion Threads

[father o toole] 24/11/2010 13:16

mclellan, no names were mentioned

[father o toole] 24/11/2010 13:00

lol i hope so too mclellan

brasso, there was some talk a while back that the way this merger takes place is for png to relist 6 weeks before the merger takes place, its a legal thing, cant confirm but if that is the case then png will relist 6 wks before 31 jan

[mclellan] 24/11/2010 12:28

Thanks for feedback, FOT.
Hopefully that 2112 in a later paragraph about Bolivia is a typo for 2012!

[bongo bwana] 24/11/2010 12:11

Many thanks FOT

[brasso3] 24/11/2010 12:09

FoT

Do you expect them to re-list before xmas?

[father o toole] 24/11/2010 12:01

Hi Hatto, it is expected bofore christmas or early Jan at the latest, going by what DH was saying it looks like they are at a very advanced stage of having a partner in Ghana.

[lufc5] 24/11/2010 11:50

Cheers FOT.....2112????..be in me box be then.....LOL

[father o toole] 24/11/2010 11:39

Morning

A very well attended meeting and it would not surprise ne if pat mustard was at it, i can remember someone asking a question about how much GKP was producing from one of their wells which the director declined to answer, For a brief moment PMI flashed into my head.

The room was full and i had the pleasure of talking to some of the biggest shareholders in the new clontarf, everyone thought the clontarf presention was very good and in my mind David Horgan was the best natural speaker of the lot of them.

Some points from memory as i never took notes

Clontarf were the only Junior allowed in the recent peruvial oil liencing round, they have won 2 blocks and are advanced talks about a third, DH see`s it going much as before with farmouts and free carrys to clontarf, remember the 3 previous blocks that PRE had along with a columbian block was sold for $30m dollars once farm outs were done. Talks have started with partners here

In Ghana were clontarf have 60% again farmout to major on free carry, cost of drilling a well here and peru around $20m, DH says normal conditions are the farm in partner pays the full cost for 1.5 wells per block, so a quick calculation suggests we might have in the region of $100m of drilling on blocks in peru and Ghana at no cost to ourselves

In Bolivia things have moved on alot, one of clontarfs men working there was a former employee of the oil ministery and it was him that first employed the new oil minister, big demand from argentina and gas prices is double want they are in th US currently, DH said he expects several million dollars in revenue by 2112

also lithium mou with bolivian armed forces, it alone could be very big

DH, said gold liences in Iran to be sold off to Arabs

Money from GOM production keeps rolling in

After meeting shook hands with JT, i was looking to shake hands with Jack but he was gone before i got to see him.

some dates mentioned, first court hearing on merger 13 dec,
share holder meetings 13 jan
final court hearing and admission to aim 31 jan

[yarisverso] 24/11/2010 10:14

Well, she wants to buy in doesn't she?

[bongo bwana] 24/11/2010 10:04

When are we open for business on AIM?

[mclellan] 24/11/2010 09:59

Getting deperate for news, pat?
LOL.

[pat mustard irl] 24/11/2010 09:31

yarisverso - 24 Nov'10 - 09:12 - 2811 of 2812


I believe it was a very good presentation and this was relevant re Ghana:-

Everything is progressing as planned and they think they will have no problem bringing in somebody bigger to farm in. Expect another series of hysterical posts from PMI to try and hide the good news.

.....................

FOT being a man of the cloth will not report back because he cannot tell a lie. Rumour has it he turned up to pick up his free condoms and left without saying a word.

[mclellan] 24/11/2010 09:19

Don't tell him, Pike...lol!

[yarisverso] 24/11/2010 09:12

I believe it was a very good presentation and this was relevant re Ghana:-

Everything is progressing as planned and they will have no problem bringing in somebody bigger to farm in. Expect another series of hysterical posts from PMI to try and hide the good news.

[yarisverso] 24/11/2010 09:10

PMI just hates it when anything positive is posted about a JT company. Sick in the head with an obsessive paranoia. Needs to see a pyschiatrist. I understand that there are quite a few at Rampton.

[pat mustard irl] 24/11/2010 09:03

milo, F.O!!

[pat mustard irl] 24/11/2010 08:41

The silence is deafening!

Nothing of ramping value to report then FOT?