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Message: casey re aoi
The Best Energy Investments in the World
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Crux: China is already in a bidding war with ExxonMobil for African oil...
Katusa:Right. What our angle is, if you're looking to invest in Africa, you'relooking for elephant-size deposits – what they call "world classdeposits."
The company needs to go in with a crew able tomaneuver in politically unstable parts of the world. We had a big andfast win on a company called Tanganyika Oil, using just that concept.They went in, they built up production, then sold the company to theChinese.
We're doing it again right now on a company calledAfrica Oil – ticker symbol is AOI on the Toronto Venture Exchange –that's partnering with the Chinese.
The man behind AOI is the same person behind Tanganyika Oil, Lukas Lundin.
LukasLundin, like his father before him, has a long record of going intopolitically unstable parts of the world and succeeding in developingworld-class deposits and selling them at huge gains for the investors.So you're going to see a lot of this type of partnering going on wherethe Chinese want the North American expertise, and in return, theChinese add value by political clout and financial clout, helping topay the costs of development.
We wrote up Africa Oil as a buyunder C$1, and when it popped up to about C$1.50, we told oursubscribers to take a Casey Free Ride [a profit-taking strategy] whenthe stock was trading above C$1.30, and it subsequently went as high asC$1.70. Currently we have AOI as a buy under C$1, and it's trading atC
.87, which we view as a very cheap cost for this stock.
http://news.goldseek.com/GoldSeek/1259003372.php
...
Crux: China is already in a bidding war with ExxonMobil for African oil...
Katusa:Right. What our angle is, if you're looking to invest in Africa, you'relooking for elephant-size deposits – what they call "world classdeposits."
The company needs to go in with a crew able tomaneuver in politically unstable parts of the world. We had a big andfast win on a company called Tanganyika Oil, using just that concept.They went in, they built up production, then sold the company to theChinese.
We're doing it again right now on a company calledAfrica Oil – ticker symbol is AOI on the Toronto Venture Exchange –that's partnering with the Chinese.
The man behind AOI is the same person behind Tanganyika Oil, Lukas Lundin.
LukasLundin, like his father before him, has a long record of going intopolitically unstable parts of the world and succeeding in developingworld-class deposits and selling them at huge gains for the investors.So you're going to see a lot of this type of partnering going on wherethe Chinese want the North American expertise, and in return, theChinese add value by political clout and financial clout, helping topay the costs of development.
We wrote up Africa Oil as a buyunder C$1, and when it popped up to about C$1.50, we told oursubscribers to take a Casey Free Ride [a profit-taking strategy] whenthe stock was trading above C$1.30, and it subsequently went as high asC$1.70. Currently we have AOI as a buy under C$1, and it's trading atC
.87, which we view as a very cheap cost for this stock.
http://news.goldseek.com/GoldSeek/1259003372.php
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