24' inch pythons running wild all over the world
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that's just the overview Quack Quack the breakdowns are even longer
Have you seen the most recent RainChief PR Release...If not then here is a snip bit:
Recent Permian Basin region deals include the following:
Midland's Concho Resources (NYSE: CXO) announced in it would pay $225 million to private sellers for a stake in Permian properties [Nov 2011]. Approx current share price $102.00.
Houston's Linn Energy (NASDAQ: LINE) announced it would acquire certain oil and natural gas properties in the Permian and Anadarko basins for $155 million [Dec 2011]. Approx current share price $38.00
Houston's Vanguard Natural Resources (NYSE: VNR) announced it had closed a $55 million deal to buy certain producing oil and natural gas properties in the Permian Basin from private sellers [Feb 2012].Approx current share price $28.00.
Denver-based Berry Petroleum Co. (NYSE: BRY) announced it will buy Permian Basin oil properties in the Wolfberry trend from a private seller for $126 million [March 2012]. Approx current share price $51.00[2].
[url]www.prnewswire.com/news-releases/estimated-2-trillion-oil-production-from-permian-basin-143303756.html
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*Also if you read the first part of what I wrote I mentioned that I would follow up with detailed break downs and evidence soon. I'm just providing you with the thesis on how I started down this rabbit hole
thats hard to say...but I don't think it'll be too long my guess is that they are waiting for results to come in from testing and they started this process some weeks ago.
That's usually what I've seen with these oil deals...cuz they have to time promo stuff with results so the Institutional Investors (Norm) are satisfied with the results and activity on the stock to get their next round of funding
Part 1-RainChief Buyout $20-$50-Thesis
I announced on iHub that based on data I’ve been accumulating over the past few weeks, that I believe RainChief will get purchased by C&C Energia or another one of Norm Mackenzie’s companies for about $20-$50 a share. Many of you have e-mailed me asking for details. I am still prepping and compiling data and evidence, however because of the enormous demands I wanted to share with you my thesis for which I have used to investigate the matter. This is just a summary that I am entitling “Part 1-RainChief Buyout $20-$50-Thesis”. I will be release follow ups to this that breaks down each section more thoroughly and provide more details info/evidence to support the thesis. Today however this posting is designed to be an overview.
Firstly, It’s important to understand who C&C Energia is and what is there business model. C&C Energia Ltd. is an independent oil and gas company engaged in the exploration for, and the acquisition, development and production of oil resources. C&C Energia grows through acquisitions. Key word is “Acquisitions”
http://www.ccenergialtd.com/about-us/background.html
Secondly it’s important to understand who Norman Mackenzie is:
Mr. Norman John Mackenzie is the Founder of Normac Investments Inc. and has been its President since 1987. Mr. Mackenzie has been Chief Executive Officer at Valparaiso Energy Inc. since November 2011. He served as the Chief Executive Officer of Laja Capital Corporation. He is the Founder of C & C Energy Canada Ltd. Mr. Mackenzie has 30 years of experience in the oil and gas industry. Mr. Mackenzie served as the Chief Executive Officer of Raptor Capital Corporation since 1987 until 2005. Mr. Mackenzie served as the President of Scarboro Resources Limited, which he co-founded. He served as President of Raptor Capital Corporation from December 1996 to 2005. He served as the President of Scimitar Hydrocarbons Corporation He served as the President of Sunningdale Oils (Abu Dhabi) Ltd. from 1973 to 1976. He spent approximately seven years working as an Independent Consultant in the oil and gas industry in Western Canada. He has been the Chairman of the Board of Valparaiso Energy Inc. since January 1997. He serves as the Chairman of the Board at C&C Energia Ltd. (a/k/a C & C Energy Canada Ltd.). He served as Chairman of Raptor Capital Corporation since January 1997 until March 2005. He served as the Chairman of Braco Resources Ltd. From 1992 to 1997, he founded and served as a Co-Chairman of Scimitar Hydrocarbons Inc. Since January 2005, he has been a Director of C & C Energy Canada Inc. He has been a Director at C&C Energia Ltd. since February 28, 2005. He serves as a Director of Second Star Resources Inc., Westlink Resources Inc. and Laja Capital Corporation. He served as a Director of Trinity Plumas Capital Corp. He served as a Director of Pacific Asia China Energy Inc. since December 30, 2005. He served as a Director of Permission Marketing Solutions Inc. and TrueStar Petroleum Corp. He served as a Director at Equal Energy Ltd. (a/k/a Enterra Energy Trust) since May 2000. He served as a Director of Scimitar Hydrocarbons Corporation. Since May 2000 until July 2001, he served as a Director of Canex Energy Inc. Mr. Mackenzie served on the board of Directors of numerous Canadian public resource companies. He is an Independent Businessman. He received a B.A. in Economics and Law from the University of Cape Town in South Africa in 1969.
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Now it’s also important to understand how Mr. Mackenzie does business. MacKenzie comes in at the startup level in various capacities, (i.e. independent contractor, director, shareholder, etc.) He is not the person that takes the monetary risk in the beginning, but money seems to follow this guy everywhere he goes. As a result if you have a start-up your likely to attract money or get funded with Norm in the picture somewhere. Norm deals specifically with oil deals, and when the start-up company finds oil then he executes a buy out after he can determine how much oil is in the ground. Once this has been established then he goes to the Bankers to finance the development and drilling because his investment will be worth 10x the amount he just spent. At this point Norm moves on to the next deal.
See Norms company’s and how and the positions we held and for how long, and when they were sold etc. Part of info I’ve been gathering.
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Thirdly it’s important to understand the deal in play
RainChief for all intents and purpose is an early stage company. RainChief is currently developing the Gulf Jensen Oil Prospect in New Mexico also know as the Gulf Jensen Prospect. This is what we know about the area:
The Permian Basin is a sedimentary basin largely contained in the western part of Texas and southeastern New Mexico. It is so named because it has one of the world’s thickest deposits of rocks from the Permian geologic period. The Permian Basin extends beneath an area approximately 250 miles (400 km) wide and 300 miles (480 km) long and is comprised of several component basins, notably the Midland, Delaware and Marfa basins.
The Permian Basin produces 17% of United States crude oil and represents two-thirds of Texas’ current oil production. Proved reserves are second only to Alaska. The Permian Basin, with production targets from 1,000 feet to 20,000+ feet in depth, has produced over 20 billion barrels of oil since the first oil well was drilled and produced in 1921.
The Gulf Jensen Prospect is located in the southeast New Mexico portion of the Permian Basin. The New Mexico portion of Basin holds three of the 100 largest oil fields in the United States.
#1 We know that there is oil there.
#2 So the question is not “if” there is oil but rather the Question is “how much?”
The natural flow to these deals OTCBB oil deals is to announce the finding of oil next. I believe that RainChief has either surveyed this area or has had access to surveys completed before hand by another Player in this game called Amato Explorations, another TSX company. Amato owns the leases that Nueva is optioning. So here’s some details about Amato Explorations:
Amato Explorations DD Notes:
"Amato Exploration Ltd. is a junior mineral exploration company based in Vancouver, B.C., Canada. We have a silver exploration property in Northern Mexico, the Colosio Property, which is in an evaluation stage before drilling located in Northern Mexico.
We also hold oil & gas leases located in Curry County, New Mexico. We are developing strategic relationships to best ensure our financing capability, engineering, operations, and technical diversity.
The Company trades on the TSX Venture Exchange under the symbol "AMT"." Amato Exploration website
Website:
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Amato trades on TSX-V under the symbol "AMT" price range .06-.10
see link below:
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Audited Financial Statements shows that Amato has 1,884 acres of oil and gas leaseses know as the Gulf Jensen Prospect
please refer to Note 7 section D in the following link:
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Sedar Filing can be found at:
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Soon RainChief will probably announce and/or confirm that oil is in the ground. The key news release is going to be when they announce “how much oil is in the ground” if They can get 200 barrels a day from that property ...MERRY CHRISTMAS & HAPPY NEW YEAR, SHUCKY DUCKY QUACK QUACK TO YOU ALL AND IT WAS NICE TALKING ON IHUB CUZ a buyout at $20-$50 would be inevitable. So that is my thesis I’m still working on the small details to support this and will break it down by sections int he coming posts.
I sure am but I keep telling everyone to be patient just waiting for the last bit of details but I'll start sharing a bit later in the day or tomorrow morn gotta stream line this stuff into bullet points and links for everyone
Looks like we held the fort down when the MMs came knocking yesterday. They couldn't break us so they went back to New York. Go RainChief!
Shucky Ducky Quack Quack ...just hang tight waiting on last bit of info and I'll be sharing with you all
The Buyout won't happen until they figure out how much oil is in the ground...can't get a proper valuation till they figure that out.
I will be sharing very soon (this week)for sure dunno if it'll be enough to stop Knight tho
I will be sharing very soon (this week)for sure
Right now we all just gotta figure out how get Knight to stop putting shorts in on this deal.
You'd be surprised what you can find on Google and with a good P.I. hey I went long on this BIG time I had to be sure
I doubt it's the company dumping..pretty sure the way the box is situated the MM shorted this BIG time...only group to Blame is Knight ...if the company was dumping we'd probably see millions of shares going off at .05-.10, doesn't make any sense anyways ...bad PR when you got 10,000+ on the sidelines watching
The buyout in my opinion will take place by May/June...don't mean to keep leaking pearls but I got evidence to support just waiting on the last few details and TRUST me I will be sharing with everyone here
ESTIMATED $2 TRILLION OIL PRODUCTION FROM PERMIAN BASIN
Historical Volumes & Reserves Second Only to Alaska
CAN YOU SMELL THAT?????? IT'S CALLED C&C Energia buys Rainchief for $20-$50 a share "Coming Soon"
VANCOUVER, March 19, 2012 /PRNewswire/ – RainChief Energy Inc. [OTCBB: RCFEF] today outlined the potential of its Gulf Jensen Prospect property, based on its strategic location within the high oil producing Permian Basin, the second highest oil producing region in the United States. Historical production levels support the company’s belief that the Prospect has a high probability for success.
Today the Permian Basin oil fields produce 17% of total US crude oil and account for over 66% of total Texas oil production. Estimated proven reserves are 4.5 billion barrels [1], second only to Alaska at 5.2 billion barrels. The Basin has produced over 20 billion barrels of oil since the first oil well was drilled in 1921. Based on today’s oil prices the Basin’s historical volume would have a market value of $2 trillion.
“The oil business in the Permian Basin has become more attractive based on crude oil prices showing signs of stability at levels exceeding $100 per barrel,” stated RainChief CEO, Paul Heney. “Several small to mid-size oil and gas companies have recently announced deals to enter or expand their operations within the Basin region.”
Recent Permian Basin region deals include the following:
Midland’s Concho Resources (NYSE: CXO – News) announced in it would pay $225 million to private sellers for a stake in Permian properties [Nov 2011]. Approx current share price $102.00.
Houston’s Linn Energy (NASDAQ: LINE – News) announced it would acquire certain oil and natural gas properties in the Permian and Anadarko basins for $155 million [Dec 2011]. Approx current share price $38.00
Houston’s Vanguard Natural Resources (NYSE: VNR – News) announced it had closed a $55 million deal to buy certain producing oil and natural gas properties in the Permian Basin from private sellers [Feb 2012].Approx current share price $28.00.
Denver-based Berry Petroleum Co. (NYSE: BRY – News) announced it will buy Permian Basin oil properties in the Wolfberry trend from a private seller for $126 million [March 2012]. Approx current share price $51.00[2].
The major averages have edged up off their lows for the session in the past few minutes but continue to post steep losses. The Dow is down 98.20 points or 0.7 percent at 13,140.93, the Nasdaq is down 25.06 points or 0.8 percent to 3,053.26 and the S&P 500 is down 9.53 points or 0.7 percent at 1,400.22.
Other resource stocks have also come under pressure amid weakness among commodities prices. Oil service stocks are posting notable losses as the price of crude oil tumbles by nearly $2 a barrel.
Most of the other major sectors have also moved to the downside as traders cash in on the recent strength in the markets. Railroad, networking, and housing stocks are seeing significant weakness.
Among individual stocks, shares of Adobe Systems are down by 2.7 percent in early trading after the design software developer reported first quarter earnings that fell year-over-year and provided disappointing second quarter earnings guidance.
In overseas trading, stock markets across the Asia-Pacific region moved mostly lower on Tuesday, although the Japanese markets were closed for a public holiday. Hong Kong's Hang Seng Index fell by 1.1 percent, while Australia's All Ordinaries Index dropped by 0.4 percent.
The major European markets have also moved to the downside, pulling back further off their recent highs. While the U.K.'s FTSE 100 Index is down by 1.2 percent, the French CAC 40 Index and the German DAX Index are both down by 1.4 percent.
In the bond market, treasuries are regaining some ground after falling sharply in recent sessions. As a result, the yield on the benchmark ten-year note, which moves opposite of its price, is down by 2.5 basis points at 2.354 percent after ending the previous session at a four-month closing high.
Today's Market correction is just a chance for peps to avg down ***There sure is some lucky peps out there********
It's time to hang the MM's on a cross!!! With no chance of resurrection!
HOT DAM!! You slapped it like a hot piece of ass on Friday night!! You the MAN! Let the slapping begin!
just slap the ask at .25...slap it hard!!
This board has done all the DD already...just refer back to some of the older posts
I'm expecting a buyout to be between $20-$50 share price...it just depends on how much oil is in the ground and I've been in some of these deals before once they announce operations that means they will be drilling to see how much oil is in the ground...that will determine the purchase price for the stock...that area has proven historicals the real question is how much oil can Rainchief pull from the ground every day if we are look at 200 barrels a day we are now looking at a $40 per share buyout (I'll be sharing the details to support this theory real soon)...so dunno who is selling at .28 but Big Daddy says RainChief is a permanent hold!
RainChief will be purchased by C&C Energia I announced over the weekend that I've been compiling this evidence and I'll be sharing VER VERY soon...but if you look at today's PR it eludes to that notion...just read between the lines:
Recent Permian Basin region deals include the following:
Midland's Concho Resources (NYSE: CXO) announced in it would pay $225 million to private sellers for a stake in Permian properties [Nov 2011]. Approx current share price $102.00.
Houston's Linn Energy (NASDAQ: LINE) announced it would acquire certain oil and natural gas properties in the Permian and Anadarko basins for $155 million [Dec 2011]. Approx current share price $38.00
Houston's Vanguard Natural Resources (NYSE: VNR) announced it had closed a $55 million deal to buy certain producing oil and natural gas properties in the Permian Basin from private sellers [Feb 2012].Approx current share price $28.00.
Denver-based Berry Petroleum Co. (NYSE: BRY) announced it will buy Permian Basin oil properties in the Wolfberry trend from a private seller for $126 million [March 2012]. Approx current share price $51.00[2].
Elaborate please???
Shucky Ducky Quack Quack to that!!!!
With close to 10,000 people publicly following this thing & all the heavyweight champs attached to this deal... I doubt RainChief will disappear like the other deals out there.... you know the NRSF of the world!!!
These are the days when charts are built!!! Four week from now when we are in dollar land we can look back and say I remember when this hit .22....just like I can say I remember when this thing hit .05 about 10 weeks ago, and I remember buying in around .10 about 8 weeks ago, and I remember when this board had 11 people on it 8 weeks ago...and I remember when this thing hit .63 2 weeks...Do you get what I'm saying????????????????????????????????????????????????
Either way they can both take a pounding and keep coming back!!!
You can only keep a good thing down for only so long...at some point it just explodes
Rainchief reminds me of Rocky it can sure take a beating but it just keeps coming back!!!!
Looks like the MM's are done now and have filled thier short position Man they sure are a bunch of biatchs!!!...time to move upwards now
If You read between the lines in the recent PR this is what you'll see:
C&C Energia grows through acquisitions now... they find the small companies like Rainchief who takes the risks to find the oil in the ground, and once they determine how much oil is there they just acquire the smaller company and it becomes a part of the C&C Energia group of companies just like the NYSE companies listed in the PR... so depending on how much oil the company finds is what will determine the buyout price which should be in the range of $20-$50
MM been shorting the stock all last week but it held these levels strong looks like they at it again today
I'll go on the ask @ $5.52 for 1 block of stock and that's it I'm holding for the big payout in May/June...the dogs have awaken sorry for those that didn't get any action wen they were sleeping
That's nothing I remember when there was 11 followers here 4-6 weeks ago...........ooooooooooooooo shuck ducky
For all those that loaded the truck last week, I'm expecting a buyout of RainChief float to happen as early as May/June so Big Daddy is saying "Hey Hey Hey" this just went from a buy signal to a permanent hold
Somebody hurry up and call my mamma then!!!!
Dude it's Gonna be GOOD!!!! You won't believe what I was able to dig up..undeniable evidence of C&C Energia acquisition of RainChief
this baby is a permante "HOLD"...just waiting on last few details b4 I spill all the beans