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funny that's not the signals i am getting...
mes.v on a charge today and axgc on bit of sell off. are people selling axgc to buy mes?
clearly you haven't lived not having had a horse in your room for the night. best to have that one corporate expenses though.
vnx - funny i had that one as well.
suite eh - bridle? penthouse? its coming out of company expenses so I think we have the right to know.
blue is a nice colour - hopefully not royal blue cause that's expensive.
hmmm i am trying to remember where their registered HQ was before - was it not nevada?
can't remember it ever being vancouver (assuming that is where you live of course). you must know something i reckon.
TRIPOLI (Reuters) - Libya's Supreme Court upheld death sentences on Wednesday against six foreign medics for infecting Libyan children with HIV, but officials said they could win a reprieve next week.
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Foreign Minister Mohammed Abdel-Rahman Shalgam said the government-controlled High Judicial Council, which has the power to commute the sentence or even pardon the five Bulgarian nurses and Palestinian doctor, will consider the case on Monday.
European Union and Bulgarian leaders expressed regret at the court ruling, the latest twist in a highly politicized trial, but said they remained confident. There have been lengthy efforts to secure a deal with families of the children.
"The court rejects the appeals of the defendants and confirms the death penalty," judge Fathi Dhan told a five-minute hearing. The six medics were not in court to hear his ruling.
The six medics were sentenced to death in December after being convicted of infecting 426 Libyan children with the deadly virus while they worked at the children's hospital in the city of Benghazi in the 1990s.
In jail since 1999, they say they are innocent and were tortured to make them confess. Some Western scientists say negligence and poor hospital hygiene were the real culprits and that the six were made into scapegoats.
Bulgarian President Georgi Parvanov said Wednesday's decision was no surprise. "We expect and insist for a swift solution by Libya's High Judicial Council to finally complete the case," he told reporters.
In Washington, State Department spokesman Sean McCormack said the medics should be "returned immediately," but noted that Wednesday's court ruling was not the last word in the process.
The case has blocked Libyan leader Muammar Gaddafi's efforts to deepen links to the West after ending decades of isolation in 2003 when Libya scrapped a prohibited weapons program.
HOPES FOR DEAL
Hopes were raised for a deal to win their release on Tuesday evening when Libya's Gaddafi Foundation charity said it had reached an accord with the children's families that "puts an end to the crisis."
Libyan officials say the High Judicial Council would only agree to the release of the nurses if a settlement were reached in private talks between the families and the EU on funding for the children's medical care.
Behind the scenes talks have been taking place between the EU and the association of the families of the children on just such a possible deal -- to provide a fund of tens of millions of dollars for the families to pay for the children's future care.
Libya calls the cash "compensation" -- a term Bulgaria rejects as it says it implies the medics are guilty.
The Libyan families have asked for 10 million euros ($13.3 million) for each child, far in excess of what observers say the EU has been prepared to pay. The Gaddafi Foundation charity, run by a son of Libyan leader Muammar Gaddafi, Saif al-Islam, has been a central player in facilitating the talks.
Tsvetanka Siropoulu, sister-in-law of one of the nurses, said the case was always likely to be resolved out of court. "It was clear from the very beginning that this fabricated trial will not have a judicial solution but a political one," she said.
Bulgaria and its allies in Brussels and Washington have all been trying to win their release, and failure to free the nurses would carry a diplomatic cost for Libyan leader Muammar Gaddafi.
Libya expert Saad Djebbar, a London based Algerian lawyer, said the Gaddafi Foundation's announcement of a deal on the eve of the ruling was a signal from authorities to say: "Don't worry. The sentences will be commuted."
(Additional reporting by Anna Mudeva and Kremena Miteva in Sofia, and by Sue Pleming in Washington)
Shields runs a company called Marauder - funny enough its shares the same address with axgc. small world.
captain c - regarding your private message - don't think you can after 15 minutes - its up to the board now.
might be an idea to remove this post given that we haven't had a pr - that is if we get one.
yeah heard that tooooo
david should go back review my emails and he might get some clues to what....
vnx's mc is 570 million
our mc is 89.46M via pink sheets.
judging by the news i would say that vnx is restructuring its operations and focusing on libya.
looks like mr market likes what it sees.
come on axgc - i'm wet and ready ... have been for months... let me tell ya its hard to maintain this state.
regarding your pm david - bleeding obvious mate - but that is already known. qusetion is why is it popping now - no one is quite sure.
probably drill results but time will tell.
vnx on new highs.... not sure what's driving it...
http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cmt%5C2007%5C06%5C29....
guess who is on the the naked short list...
Axis Energy Corp. (OTC: AXGC) is being positioned as an emerging oil and gas development company that has a unique network of contacts in high-impact oil and gas producing regions of the world. With 60.42 million shares outstanding and 72,900 shares declared short as of June 2007, the failure to deliver in shares of AXGC has not been resolved and a buy-in is imminent.
ok thanks. chart has done this before and sadly dropped afterwards. i would need some confirmation before jumping in.
will keep my eyes on it.
gbdx - so what caused the pop then?
yup agree with that bought 2.46 .... come axgc - get to 10 bucks then... like now please...
well for what its worth I have an oil contact and he knew people in jakarta - i asked him to ask his contact to ask around and basically him and his son checked out.
now whether he is a big man in the oil industry is probably another question. his rep was one of a honest man.
fwiw.
like your thinking CC - this is how i would progress the story if i was driving it.
yup me thinks that as well. i would NOT be surprised to see a slew of PR coming now.
depends on market expectations - it could tank (somewhat) if people are expecting the big one.
so doubt it.
2.42 now - those buys last week looking better..)))
hmm quiet here.. before people get up?
"AXIS ENERGY IS BEING POSITIONED AS AN EMERGING OIL AND GAS DEVELOPMENT COMPANY THAT HAS A UNIQUE NETWORK OF CONTACTS IN HIGH-IMPACT OIL AND GAS PRODUCING REGIONS OF THE WORLD.
"
seems to be a clear message.... ))))))
Hello World!! News part I.
Axis Energy Corporation Appoints Veteran Oil Man Gerald Fletcher as President
Axis Energy Corporation (Pink Sheets:AXGC) is pleased to announce the appointment of Gerald Fletcher to the role of President of Axis Energy Corporation.
Mr. Fletcher will assume the position of President of the Company to manage and focus on the acquisition programme that the Company has underway to secure high impact Oil and Gas Leases in a proven oil producing region of the world.
Mr. Fletcher’s career in petroleum geology started in Calgary in 1958 as an exploration geologist for Atlantic Richfield and continued with the company at their head office in Los Angeles as a liaison between operations in Canada and Richfield’s management. Over a ten year period as Vice President of Exploration for Atlantic Richfield in Indonesia, he oversaw a production increase from 21,000 BOPD to over 180,000 BOPD.
Mr. Fletcher is founder and President of Fletcher Enterprises, headquartered in Jakarta with oil and gas production in Indonesia. He is also Executive Vice President and Chief Operating Officer of Lekom Maras Pengabaun Inc that has development and production operations in various parts of Indonesia.
Mr. Fletcher will be working closely with Don Grayson, Vice President of Field Operations. Mr. Grayson has worked in the oil and gas industry for over 27 years and his experience in running a Service and Supply Company in Libya for 8 years as well as running an Oil Well Drilling Company in Canada and the United States will complement greatly the wealth of experience that Mr. Fletcher brings to the position of President going forward.
Mr. Fletcher stated, “I look forward to working with the existing team assembled by the Company and advancing the very strong property acquisition programme that the Company has been presented with in one of the historic oil producing regions of the World.” AXIS ENERGY IS BEING POSITIONED AS AN EMERGING OIL AND GAS DEVELOPMENT COMPANY THAT HAS A UNIQUE NETWORK OF CONTACTS IN HIGH-IMPACT OIL AND GAS PRODUCING REGIONS OF THE WORLD.
On behalf of the Board of Directors, JAY YANO Secretary/Treasurer Disclaimer: This Press Release may contain, in addition to historical information, forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are identified by their use of terms and phrases such as "believe," "expect," "plan," "anticipate" and similar expressions identifying forward-looking statements. Investors should not rely on forward-looking statements because they are subject to a variety of risks, uncertainties and other factors that could cause actual results to differ materially from the Company's expectations, and expressly does not undertake any duty to update forward-looking statements. These factors include, but are not limited to the following, the Company's ability to obtain additional financing, geological or mechanical difficulties affecting the Company's planned geological interpretation, acquisitions and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward- looking statements.
i think nigeria comment was a joke.
looks like our buys were a tad early - oh hum.
the lesson here? buy more.
i picked some at 2.45 and 2.47
OT news
TRIPOLI/LONDON (Thomson Financial) - UK oil giant BP PLC is to sign a 900 mln usd oil and gas exploration deal in Libya with the north African country's state-owned National Oil Corp, said Shokri Ghanem, head of the NOC. The deal, once signed, will mark BP's return to Libya after more than three decades. BP left in 1974 when Libyan leader Muammer Gadaffi seized the assets of foreign oil companies.
Ghanem made the announcement ahead of a visit to the oil-rich nation by
British Prime Minister Tony Blair.
Blair flies out of London today and will visit Tripoli for talks with
Gadaffi and then will travel to Sierra Leone and South Africa. He last visited
Libya in March 2004 after Gadaffi shocked the western world by announcing that
he was abandoning Libya's weapons of mass destruction.
A BP spokesman in London declined to confirm Ghanem's statement.
"We are still in discussions with the NOC. We're looking forward to reaching
an agreement but nothing has been signed yet," he said, adding
BP officials, led
by chief executive Tony Hayward, will be in Tripoli in the next few days.
BP signed a memorandum of understanding with NOC in 2005 to explore
potential opportunities in Libya's oil and gas industry. It was producing oil at
Libya's Sirt Basin until its withdrawal from the country in 1974.
Early last year, press reports claimed BP and the NOC were discussing a
multi-billion dollar natural gas exploration and development project that could
supply the North American or European markets.
BP rivals BG Group PLC and Royal Dutch Shell PLC secured upstream projects
in Libya as early as 2005.
even if it was a penny stock - i don't see any reason why it couldn't be shorted.
i will check with my broker later on.
welcome aboard murph - if you only just started taking a position - maybe you should look at this dip as a opportunity. imo of course.
good luck
this is from jagger on stockhouse - i thought it interesting.
Posted by: jagger (ID#: 69564)
Original Message:
I think there may be a number of shorts that have to cover . I tried to buy some shares today and they traded around me . Evidence that someone was trying to make this look weak , drive the price down , then cover their shorts. I do know these types of international oil plays take along time to mature. I also hold shares in MVN (madalena ventures) They have been putting an oil/gas deal together in Argentina for some 9 or 10 months. Have to be patient---the risk/reward is enormous.
interesting to note that we have bounced nicely off the 50ma on the hourly chart.
probably will trade in a range for a bit.
yes approximately 3m long - but that depends on the river you working on.
i must admit unless someone points to a pink/otc stock i won't touch it with a barge pole.
good luck with the pennies mate
lol "magic box"? "bull raid"? - i'll have what he/she been having.
dave you are who you hang out with.
alot has been factured in is my guess - the PR has to be good one. imo.
2.50 looks easy at this point.