Replies to post #13626 on Value Microcaps Junior Energy

[Bmrboy]

I agree on MMT.v - lots of worries/fears priced into it at this point. Pretty good bounce off of the .90s level. I would expect that to hold. Once the Shell pipeline gets confirmed and they can add some production, I would expect this thing to stay in the low 1s. I picked more up this morning.

Look at TGA - I think the same thing could happen here but it will take some time to get the investors back in it. A lot of them are probably frustrated about the stolen oil, which already drove some majors out of Nigeria.

[Tim Lamb]

They use AGIP which I think hooks into a Shell hub or terminal.

My take is if this is happening to Shell it is also happening to AGIP. Shell is just better at finding out about the leaks than AGIP is.

At some point the government has to help stop the bunkering and full blown pirating going on.