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buy garbage and don't be surprised if it turns into slurry ..... penny stocks are generally that way for a reason

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Cannot see what the complaints are, this was below 2.8p after Nyuni-2, you could sell today for a profit if you purchased then.

Seeing profits where others see failure is what the game is about. Buy low, sell high - or failing that then buy low enough that you can get out on failure with minimal loss or even a small profit.

Tis the name of the game.

Now now children!!!

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i think this stock makes even that cardboard company pmg look respectable

mnamreh - 08 Feb 2012 07:51 - 280 of 281

poo - is that a ramp?

;>)


Yep!

LOL

Cynic, you're right, although I had some interest in the drill and others, I think the company is a load of crap based on their anteceedents.

Incompetent nincompoops comes to mind.

Hindsight is wonderful as we all know, but as to people investing here being anything other than themselves, well, you pays your money and takes your chance, some you win some you loose.

Another company on the same licenses may well have done an awful lot better, based on whats going on with licenses alongside theirs in Tanzania, I am bloody certain that is the case.

All the best.

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Indeed, a new target.

http://www.investegate.co.uk/Article.aspx?id=201202101415032266X

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No pun!

And someone just put a 15 million buy order on L2 at 3p.

??

Sh*t or bust time for AEX............

They may as well go on to the next horizon, who knows they may get lucky, keep drilling till they find something, like the underside of the Santos Basin perhaps?

Anway I have had my small SOLO punt back, so sh*t or bust.

I purchased 50K Aminex, just a token gesture in case the rabbit is found in the hat.

We have gas!!!!!!!

NTORYA-1 DRILLING UPDATE





Aminex PLC ('Aminex' or the 'Company'), an independent oil company listed on the main market of the London and Irish Stock Exchanges with exploration and development assets in the emerging hydrocarbon province of East Africa, today announces a further operational update on drilling of the Ntorya-1 exploration well in the Ruvuma Basin onshore in Tanzania.



On the 10 February 2012 it was announced that the well would be deepened to test an additional target identified on the seismic data at a depth of approximately 2,750 metres. The well has now been drilled to 2,750 metres, and prior to reaching that depth encountered strong gas shows in a good quality reservoir sand at a depth of approximately 2,660 metres. A logging programme will commence shortly to evaluate the new section drilled below 2,500 metres and a further update will be provided after the logging programme has been completed.



The Ntorya-1 well is designed to test the high quality Basal Tertiary and Upper Cretaceous sands previously encountered in the Likonde-1 well, 14 kilometres to the north.



Participants in the deepening of the well below 2,500 metres are:



Ndovu Resources Ltd (Aminex) 75% (operator)

Solo Oil plc 25%

Token gesture purchase now looking good !

Mine too, no regrets it had to come good one day!

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