Marauder Resources EastCoast (fka MESNF)

[redinvest]

Why was Marauder brought into the picture ??

Let's see what some of the english investors of Range Resources and Red Emporer are speculating upon.

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" It looks like the on and offshore MOU has been signed so there should be PSA news soon.
No Idea of the content of this but the fact Marauder have been meeting the Puntland officials seems a good indication of deal done."

" Discussion | Interactive Investorwww.iii.co.uk/investment/detail?code=cotn:RMP.L&display...Cached
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41 posts - 21 authors
I think he's saying thet the puntland President and his family have done a secret deal with Marauder Resources (TSX, http://www.maraudernrg.ca/index.html) that ... "

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Note from Red - it starting to become clear. I see why we were previously given assurances from officials in Puntland that our drilling would go forward without disruption. One last speculation. As you read this posting, the reader refers to the Nugaal Block or prospect as Noogal. We are told that the rig is coming forward by boat and should be onsite is around 8 days. Drilling of the same will be first of the year 2012. We also know Dharoor prospectwill be drilled after that. Enjoy the last post.

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" Hi all,

I have been following Africa Oil a Lundin vehicle for some time now and I am quite familiar with the Puntland project in Somalia. Horn Petroleum is their vehicle for Puntland and it is currently worth with fully diluted 122 millions shares on issue at a trading price of currently 1.10 a market cap of $134m. There are very successful Lundin Group people backing this play.

There has been speculation that there could be over 60 billion barrels of oil potential offshore Puntland and it is well known that Conoco was onto something massive at Noogal prospect being 19 billions barrels in place with at least 4 billion recoverable according to Africa Oil. Drilling at the Dharoor early 2012 should also provide great excitement for MES land package and add extreme value.

I am speculating this could open at 1 dollar plus with the details of the MOU as this would only be approx $60m market cap which is half of Horn Petroleum currently which should be possible. Exciting times ahead hope to see the trading halt soon ready for the rise.

Cheers "

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Red