Africa Oil Corp (AOIFF)

[Northsun0]

Another thing CEO Keith Hill talked about at the AGM was of a very large Natural Gas discovery in Kenya that was the equivalent of 2 billion barrels of oil, when they put out out a press release on it in the past it did nothing for the stock ( due to the market not favouring NG ). He said that was a mistake by the market, because of the location of the NG it would prove very valuable for AOIFF.

Here is an old BNN video about AOIFF worth watching.http://watch.bnn.ca/#clip306590

I am also a shareholder of HORN, but I was unaware of the AGM that preceeded Africa Oil's so unfortunately I can't make any comments on it. Although Keith did talk about it at AOIFF's AGM. He did say that the reason they spun it out of AOIFF was because of the American preception of Somalia. Even so AOIFF controls the destiny of HORN.