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hi Red,
i can't find that board but i know that post for stockhouse.
is that where its from?
rgds
McB
Red,
hmmm try this
http://www.advfn.com/cmn/fbb/thread.php3?id=26265235
if not then go to advfn.com and look up "mes".
axis - two/three years ago mes and axgc were involved in a possible libyan deal it near come off. axis is a empty shell looking for some value. i don't like the axis managment.
hopefully we'll see over on "my" thread!
mcb
Hi Red,
here's my thread on advfn.com (parent company investorshub).
http://www.advfn.com/cmn/fbb/thread.php3?id=26265235
I've been a long time member on investorshub and didn't think to look at the threads for AIO/hrn/rrl content.
rgds
McB.
Hi Richard,
whilst I don't know much of the details I can't imagine Axis being involved.
axis was the libya deal. is that even possible now? I don't follow so I'm asking?
my message was really for people like me that had mes.v in their locker from the libya deal.
rgds
McB
Hi folks.
long time trust you are all well.
it appears something is happening with mes.v marauder. if you still have shares i suggest you keep them. imo.
rgds
Mcb.
no disrespect but you seem to need counselling.
hi captain
yes still on skype.
talk soon.
who would talk to me about axis Richard? I like the codified reference - are you in intelligence?
do i exist? let me pinch myself... hmmm the dream continues.
or is it a nightmare?
so i'll take the bait and post. are you with Dan's crew?
now who created this thread...I think I did....
bottoms in ...probably for the moment only.
meanwhile...
http://en.noclibya.com.ly/index.php?option=com_content&task=view&id=767&Itemid=1
1700 bbrl as day... very nice in deed and not to far away either....
wouldn't be surprised to see that yesterday's 50k was short covering...
short interest site
http://www.shortsqueeze.com/?symbol=axgc&submit=Short+Quote%99
new finds...
Verenex makes oil find in Libya's Ghadames Basin
http://www.reuters.com/article/marketsNews/idUSLT53807420080929
Germany's RWE makes new Libya oil find
http://www.reuters.com/article/rbssIndustryMaterialsUtilitiesNews/idUSLT60861820080929
yes First Calgary has a large reserve. anyway they reckon that there will more bidders - so the final price is yet to be decided.
more background info on first calgary...
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=FCP&t=LIST&m=23712869&l=0&pd=2&r=0
they appear to have had a high percentage of the deal.
http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn%5Fnewsreleases%2Easp%3Fsymbol%3DT%2EFCP%26newsid%3D7037667
first calgary has some nat gas fields in algeria... there mc is 860million. not sure what their deal was though.
this should be a reoccuring theme - oil companies buying out oil companies.
beat me to the punch by minutes...
what is interesting to me is the deal ratio... verdy interesting indeed.
background info on prev vnx post
http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=f4ad370f-b000-4346-b99c-732d7e8df38c
vnx up 17% today... based on this news i would guess.
Vermilion Energy Trust Announces Notice of Verenex Energy's Strategic ReviewVERMILION ENERGY TRUST UNITVETMF | 9/8/2008 8:24:19 AMCALGARY, Sep. 8, 2008 (Canada NewsWire via COMTEX News Network) --
Vermilion Energy Trust ("Vermilion" or the "Trust") wishes to inform unitholders that the board of directors of Verenex Energy Inc. ("Verenex" or the "Company") has initiated a process to identify, examine and consider a range of strategic alternatives available to Verenex to maximize shareholder value.
Background - Vermilion holds approximately 18.8 million shares of Verenex, representing approximately 42.4% of Verenex's outstanding shares. Vermilion was instrumental in the formation of Verenex in 2004 with the idea to create value for unitholders without exposing the Trust to significant risk.
Verenex has been a very successful explorer in Libya, and has established a substantial resource base in Area 47 as confirmed by an assessment prepared by DeGolyer and MacNaughton and disclosed on August 5, 2008. The Company's exploration and appraisal drilling program is proceeding with two drilling rigs and tenders are under review for a third drilling rig.
Work is progressing on a commerciality application for an initial development phase to be submitted to the Area 47 Management Committee and the Libyan National Oil Corporation ("NOC") by the end of the third quarter of 2008. Preliminary discussions are also underway with a number of banks concerning project financing for such a development.
Verenex's board of directors has therefore determined that it is an appropriate time to assess the range of strategic options available to Verenex to maximize shareholder value and has established an independent committee to supervise this process. Standard Chartered Bank and FirstEnergy Capital Corp. have been engaged as Verenex's financial advisors. The NOC has been briefed by the Company on this process.
Process - No decision on any particular alternative has been reached at this time and there can be no assurance that the process will result in any change in Verenex's current plan to aggressively explore and develop Area 47 in Libya or that the Company will pursue any particular transaction. Verenex does not intend to make any further announcement regarding the process unless and until its board of directors has approved a specific transaction or other course of action or otherwise deems disclosure of developments is appropriate.
Vermilion Energy Trust adheres to a value creation strategy through the execution of asset optimization programs and strategic acquisitions. Vermilion focuses on the development and optimization of mature producing properties in Western Canada, Western Europe and Australia. Vermilion also exposes its unitholders to significant upside opportunities through a combination of equity sponsorship in new ventures and managed participation in high impact projects. Management and directors of the Trust hold approximately 10% of the outstanding units and are dedicated to consistently delivering superior rewards for all its stakeholders. Vermilion Energy Trust trades on the Toronto Stock Exchange under the symbol VET.UN
FORWARD-LOOKING INFORMATION
This document contains forward-looking financial and operational information as to the Trust's internal projections and expectations relating to future events or performance. In some cases, forward-looking information can be identified by terminology such as "may", "will", "should", "expects", "projects", "anticipates" and similar expressions. These statements represent management's expectations concerning future operating results or the economic performance of the Trust and are subject to a number of risks and uncertainties that could materially affect results. These risks include, but are not limited to future commodity prices, exchange rates, interest rates, geological risk, reserves risk, political risk, product demand and transportation restrictions, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed by such forward-looking statements. Accordingly, readers are cautioned that events or circumstances could cause results to differ materially from those predicted.
%SEDAR: 00018945E %CIK: 0001293135
SOURCE: Vermilion Energy Trust
market wants to retest recent lows... buyers are not allowing it.
last trade of the day took us back to where we started.
been to TO but was many years ago and i'm looking forward changing my opinion (for the better).
I think i'd like Panama.... after Cuba of course... like right after...
meditiating the sp up! .... hard work but it seems to be working....
or just run out of things to say....
good buying pressure today... should double the daily average.
hmmm.
ps on my way to the big TO (so they tell me) - missed my connecting flight and now stuck in paris for the evening... sheeeaaat.
zzzzzzzzzz
wake me when we get there
zzzzzzzzzz
trust me fb i sold a load of stuff to enter this one.... much of it doubled or tripled after... that's life....
http://tripolipost.com/articledetail.asp?c=1&i=2183
i'd like to know how this is going to work out.
anyone seen my member .... it was between my legs earlier today....
don't worry i will come and visit...
ah you want to talk about xxxxxxxx or lay hands again?
actually - 2.7 billion potential. oooohhh weeeee.
vnx's resource est. in area 47 - 1.6 billion. a lot more then i would have thought.
http://www.newswire.ca/en/releases/archive/August2008/05/c9322.html
indeed i am... i'll look around and report back.
frankly i could talk about my member all day and night. ok on to something more interesting to us all...
ok then i don't have anything to say of interest to us all.... back to my member?
this is my point i;m suffering drugs, rockroll and poor sp performance. i need a woody in more ways then one.
i think some refined axis striaght from the desert of libya. i haer its the cure of all that ails in the croch.
well i'm all ears. tell me more.
good with your hands are you?
"hand laying" all in the technic i understand.
but i'm desperate!!!
i wouldn’t have asked otherwise. HONEST!
you couldn't lay hands on my winkle could you? it's not been working since my friends showed up from dubai on the take down amsterdam into ashes.....
PS I assume we all friends here and share a little personal info.