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Q2 report coming soon or what? Extension filed ? Why is it late?
What's left to do now but turn on the faucet? Then the countdown to full production starts!
Www.wenergyinc.com read updates from Tony.
Why tomorrow? Telling us what?
What sort of news and when do you estimate it coming?
Huh???????????? WTF????
Tony is putting out regular updates on the site. The real PR will come when its ready. If "we get beat up on the street" so be it but let things unfold as they may. We all know Tony is trying hard and he will release the PR's when he has something substantial to report. We don't need a fluff PR to pump the price then have it drop again. The PPS will reflect substance not hype. When tyhereis substance to report then the PPS will rise. Substance = shareholder value. Even when oil does flow then we'll be waiting and asing when it will get up to full production (like me). For some: Whatever he does will never be enough and it won't come soon enough. We need to be patient, that's what I've learned here. I think everybody should appreciate the transparency Tony has given us and we should waste his time with supperfluous comments. I-1 will be ready when its ready, which we know will be soon. There's a lot going on here, lot's of irons in the fire and a watched pot never boils. GLTA
Currently:
I-1 coming on line in a week or so
- Clean out begins and will last 8-10 weeks (Moderate output)
Next up:DBar
South Texas lease
VM 179
Good things are coming!
WHO IS GYST USING TO DISTRIBUTE AND HANDLE "RAW" GOLD SALES? Could there be a JV forming via Avenill Ventures?
AER Energy Subsidiary Global Wealth Group Signs MOU To JV With Peruvian Gold Mine And Will Finance Retail "Raw" Gold Sales SCOTTSDALE, Ariz., May 31, 2012 /PRNewswire/ -- AER Energy Resources, Inc. (PINKSHEETS: AERN) announced today that its subsidiary Global Wealth Group, Inc.(GWG) has signed an MOU with Avenill Ventures, LLC (AVL) with Gold operations in Lima, Peru.
GWG has agreed in principal, pending final due-diligence and approval from AERN's board, to fund the initial and expected rapid growth rate of AVL's new "Retail" raw gold sales. Previously AVL has been selling gold to refiners in Lima, Peru and Los Angeles, CA. Raw gold prices are often 5-7% below Spot prices in this wholesale market but with this new 50/50 JV between the parties; AVL will now be able to sell larger quantities and receive 10-15% above daily Spot gold pricing. That represents on average approximately 20% higher margins for the sale of raw gold extracted from the mines in Peru. With gold priced at $1565/oz. the new raw gold retail sales JV will amount to an improvement of over $300(US) per oz.
WHO IS GYST USING TO DISTRIBUTE AND HANDLE "RAW" GOLD SALES? Could there be a JV forming via Avenill Ventures?
AER Energy Subsidiary Global Wealth Group Signs MOU To JV With Peruvian Gold Mine And Will Finance Retail "Raw" Gold Sales
SCOTTSDALE, Ariz., May 31, 2012 /PRNewswire/ -- AER Energy Resources, Inc. (PINKSHEETS: AERN) announced today that its subsidiary Global Wealth Group, Inc.(GWG) has signed an MOU with Avenill Ventures, LLC (AVL) with Gold operations in Lima, Peru.
GWG has agreed in principal, pending final due-diligence and approval from AERN's board, to fund the initial and expected rapid growth rate of AVL's new "Retail" raw gold sales. Previously AVL has been selling gold to refiners in Lima, Peru and Los Angeles, CA. Raw gold prices are often 5-7% below Spot prices in this wholesale market but with this new 50/50 JV between the parties; AVL will now be able to sell larger quantities and receive 10-15% above daily Spot gold pricing. That represents on average approximately 20% higher margins for the sale of raw gold extracted from the mines in Peru. With gold priced at $1565/oz. the new raw gold retail sales JV will amount to an improvement of over $300(US) per oz.
In speaking with Al Karmali personally, he has lots of experience in precious metals commodities... Gold is right in his wheel house!
Sit tight...
Ha ha! Good one! :D No, its still me but I do want my money back! A gold JV with the Peruvian gold mine people have been talking about is possible. We'll see.... If I'm wrong we're no better off than we were before but we've all see Stan's other little associated companies pop 10 fold and drop 10 fold a matter of days. It could happen here too. I think it's completely possible. Put your sell orders in for $.015!!! Its coming and I know right where to put the profits! (Hint: This company has a little oil rig ready to pop the cork on half a million barrels of oil plus gas)
I think we'll see some strong pps increases this week. Watch for the news on Wednesday or Thursday. I believe the Q2 report must be filed on Tuesday to stay OTC current. Possiblly a JV PR Wednesday or Thursday.(that's just speculation though)
I wish I were that influencial!
Hey Surf, You've been quiet, what do you make of this run?
If people know how to read between the lines and have read PR's from both companies relating to oil and gold via Avenill Ventures they'll figure it out. It's not rocket science.
Could be but where's the PR from the "other" company? Maybe we'll hear about it this week.
Just who do you think the gold mine is that AERN would be distributing gold for?
WHO IS GYST USING TO DISTRIBUTE AND HANDLE "RAW" GOLD SALES? Could there be a JV forming via Avenill Ventures?
AER Energy Subsidiary Global Wealth Group Signs MOU To JV With Peruvian Gold Mine And Will Finance Retail "Raw" Gold Sales
SCOTTSDALE, Ariz., May 31, 2012 /PRNewswire/ -- AER Energy Resources, Inc. (PINKSHEETS: AERN) announced today that its subsidiary Global Wealth Group, Inc.(GWG) has signed an MOU with Avenill Ventures, LLC (AVL) with Gold operations in Lima, Peru.
GWG has agreed in principal, pending final due-diligence and approval from AERN's board, to fund the initial and expected rapid growth rate of AVL's new "Retail" raw gold sales. Previously AVL has been selling gold to refiners in Lima, Peru and Los Angeles, CA. Raw gold prices are often 5-7% below Spot prices in this wholesale market but with this new 50/50 JV between the parties; AVL will now be able to sell larger quantities and receive 10-15% above daily Spot gold pricing. That represents on average approximately 20% higher margins for the sale of raw gold extracted from the mines in Peru. With gold priced at $1565/oz. the new raw gold retail sales JV will amount to an improvement of over $300(US) per oz.
Guess who is GYST using to distrubute and handle their "Raw" Gold sales? Could it be a JV coming via Avenill Ventures?
AER Energy Subsidiary Global Wealth Group Signs MOU To JV With Peruvian Gold Mine And Will Finance Retail "Raw" Gold Sales
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Aer Energy Res (PC) (USOTC:AERN)
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3 Months : From May 2012 to Aug 2012
AER Energy Subsidiary Global Wealth Group Signs MOU To JV With Peruvian Gold Mine And Will Finance Retail "Raw" Gold Sales
PR Newswire
SCOTTSDALE, Ariz., May 31, 2012
SCOTTSDALE, Ariz., May 31, 2012 /PRNewswire/ -- AER Energy Resources, Inc. (PINKSHEETS: AERN) announced today that its subsidiary Global Wealth Group, Inc.(GWG) has signed an MOU with Avenill Ventures, LLC (AVL) with Gold operations in Lima, Peru.
GWG has agreed in principal, pending final due-diligence and approval from AERN's board, to fund the initial and expected rapid growth rate of AVL's new "Retail" raw gold sales. Previously AVL has been selling gold to refiners in Lima, Peru and Los Angeles, CA. Raw gold prices are often 5-7% below Spot prices in this wholesale market but with this new 50/50 JV between the parties; AVL will now be able to sell larger quantities and receive 10-15% above daily Spot gold pricing. That represents on average approximately 20% higher margins for the sale of raw gold extracted from the mines in Peru. With gold priced at $1565/oz. the new raw gold retail sales JV will amount to an improvement of over $300(US) per oz.
Stanley F. Wilson, AER Energy Resources, Inc., President stated, "It is encouraging to see that our GWG subsidiary has accomplished this new commodities JV with a quality Gold brokerage company. We remain committed to execute our O&G business plan and expect 100BOPD by the end of Q2, 2013. This additional revenue stream from GWG will significantly assist in accomplishing those goals."
The JV expects to sell approximately 70 oz of raw gold monthly or an annual increase in gold revenues of an additional $250,000. Gross sales are expected to exceed $1,400,000 with improving Spot gold pricing over the next 12 months.
ABOUT AER ENERGY RESOURCES, INC.
AER Energy Resources, Inc. (www.aernenergy.com) is a diversified holding company with an emphasis on oil and gas exploration, drilling, well completion and fuel distribution as well as rare earth commodities sales.
This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words or phrases "would be," "would allow," "intends to", "will likely result," "are expected to," "will continue," "anticipate," "expect," "estimate," "project," "indicate," "could," "potentially," "should," "believe," "considers," or similar expressions are intended to identify "forward-looking statements." Actual results could differ materially from those projected in the forward-looking statements as a result of a number of risks and uncertainties. These include the company's historic lack of profitability, end user customer acceptance and actual demand, which may differ significantly from expectations, the need for the company to manage its growth, the need to raise funds for operations and other risks within the regulation of the industry. Statements made herein are as of the date of this press release and should not be relied upon as of any subsequent date. The Company's past performance is not necessarily indicative of its future performance. The Company does not undertake, and the Company specifically disclaims any obligation, to update any forward-looking statements to reflect occurrences, developments, events or circumstances after the date of such statement.
For Further Information Contact: AER Energy Resources, Inc. info@aerenergyresources.com
SOURCE AER Energy Resources, Inc.
Peruvian Gold you say?
Oh $hit are we on a run? Q2 report coming out soon! Oil pumping numbers and JV! Could it be Peruvian gold?
if I know Atlanta , he was being sarcastic... So you just "swung by the office" over the weekend and had a few laughs with everyone... They don't take weekends off or work remotely? Just who did you speak with?
Thanks. I knew about the 45-60 days but they seem to be moving pretty fast. Don't know if anything has changed. If 45 days is best case scenario then we're looking at early October for production.
I posted another question to Tony: how long will it take to rework/clean out the well and get it to full oil production.
I hope it stays sub .008 for a few more days!
ETrade let's me do all my transactions from my phone. Transfer money from BOA , get the funds available as soon as I hit complete transfer. I can buy anything!
So did I until they put it on their list of "will not purchase". Then I couldn't buy any more. Then I switched to ETrade.
ETrade for me thanks! TD stinks for pennies....
Up 37% AND 12 million in volume.... Is this the start of something big? I'm excited for next week!
Its following GYST! AERN up 50% today, getting ready for next week's news!
GYST getting their Kansas oil JV thru Avenill Ventures. Guess who is setting up AERN's gold brokering? Hint: Avenill Ventures! Teresa Jackson is co-owner of both Avenill and AERN(AERN currently has several JV's in Kansas in the works) which is trading at $.001! Q2 report coming next week with rumors of more JV's.
I emailed these Psionic matrix guys too... We'll see what happens!
Keep mentioning it! Means more coming from a few people!
GYST connected to AERN via Avenill Ventures. Oil and Gold JV!
Good volume today... Anticipating Q report & news next week.
What do you make of"the matrix" on that board?
Let's see what you can do with AERN...
You are about that, lots of variables here. We'll see when we see... The charts look good, CEO is exemplary, the business plan and assets look good... I like our chances better than anything I've seen in a while. This is still a great entry point , loads of potential! Do you want to be sitting on the side lines when VM gets pumped? Even if this only hits .03 as you say, are you going to complain you only made 3x's your money?
With Mustang on the verge, it's basically a done deal. Soon we can start looking toewards other new potential assets... Let's say we do acquire DBar... @ 150-200bopd we're looking at $.10-.15pps then if we get this other S.TX lease... add another $.10-.15... We could be looking at $.20-.30pps by Thanksgiving... IMHO