Africa Oil Corp (AOIFF)

[Rule_62]

The Alberta Provincial election. Could it have a positive impact on AOI?

There's a pretty big sell-off of Canadian oil companies with interests in Alberta, following yesterday's Provincial election. Some of those CDN $$$ might well be looking for safer havens in companies with good upside potential. Those who investigate AOI might well see how seriously undervalued it is right now and decide it's a good place to relocate some of the funds fleeing the domestic oil scene.

For those who might be unfamiliar, here's a couple news stories. The threat of royalty increases is hitting the Alberta oil sector pretty hard today ...

http://www.cbc.ca/news/business/alberta-oilpatch-begins-new-world-under-ndp-government-1.3063268

http://business.financialpost.com/news/energy/how-albertas-ndp-election-victory-could-spark-a-stock-selloff-and-stall-investment-in-the-oil-patch?__lsa=56bf-187a