Fox Davies Capital Update Featuring European Goldfields, Gma Resources, Serabi Mining, Desire Petroleum, Salamander Energy, Tullow Oil

15th Jul '11 by Fox Davies Capital

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Oil and Gas Corporate News

Desire Petroleum (LON:DES) plc (UNDER REVIEW) (DES, 18.75p, ? 4.90%) announced that Graeme Thomson, FCA, will join the Board as an Independent Non-Executive Director and Chairman of the Audit Committee with effect from today. Graeme has over 30 years public company experience and has held a number of senior positions in the oil and gas industry. He was Finance Director & Company Secretary for seven years at Dragon Oil plc and its predecessor companies. He was also a co-founder of Sterling Energy plc and spent nine years as its Finance Director, Company Secretary and was its Chief Executive Officer for his last two years with the Company until he left in December 2009. Since then, Graeme has been advising a number of oil and gas companies on their corporate finance, accounting, commercial and strategic affairs.

Salamander Energy (LON:SMDR) plc (SMDR, 281.10p, ? 0.57%) announced the completion of drilling operations on the Dao Ruang structure, Block L15/50, onshore Northeast Thailand. The Dao Ruang-3 appraisal well ("DR-3") has been drilled to a total depth of 1,800 metres true vertical depth sub-sea in order to test the pre-Tertiary carbonate section on the northern flank of the Dao Ruang structure. The well intersected a number of zones of interest with associated gas shows and a full suite of wire-line logs have been acquired. Analysis of all available well data suggests that DR-3 would have limited potential as a producer from the current wellbore. Due to this, and wellbore stability reasons, a decision has been made not to flow test the well. The DR-3 well is currently in the process of being plugged and abandoned. Meanwhile, in Vietnam, the Aquamarine Driller jack up rig that will be used to drill the Cat Ba-1X prospect in Block 101/100-04, Offshore Northern Vietnam, is due to imminently commence mobilisation to the well site. The Cat Ba-1X well is expected to spud before the end of July 2011.

Tullow Oil (LON:TLW) plc (TLW, 1269p, ? 2.61%) provided a drilling update. Kosmos Energy, the operator of the Makore-1 exploration well offshore Ghana, in which Tullow is a 22.896% partner announced today that the company's Makore-1 exploration well on the West Cape Three Points Block offshore the Republic of Ghana encountered 37 meters (121 feet) of good-quality Campanian-age…

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mustamente

17th Jul '11

false raport de gma
False reports ? ? ? ? ? ? stop trading its shares ? ? ? ? the ? ? ? ? Stock Exchange London ? ?
Foreign company ? ? ? ? ? ? plundered gold ? ? Algerian hijack ? ? and ? ? 67 ? ? the ? ? one million dollars
2011.07.16
Achieve ?: ? ? ? Abdul Wahab ? ? ? ? Boukrouh
Algeria production ? ? ? ? of ? ? ? ? Gold collapses ? ? to ? ? 20 ? ? ? ? kg per month ? ? only ? ? ? ? and the value of the stock to ? ? 1 ? ? ? ? DA
Collapsed "stocks, mining company Gold Australian", the London Stock Exchange to less than one dinar was trading halt between British investors and the world after the discovery of a scandal school fake and false made by the company, "GM no" to the Algerian government, and the effect that the mines Tirak Omsmash in the far south of Algeria could produce between 3000 and 4000 kg of gold per year (250 kg per month) before he found out if the company in the field and breaks down production since last January to about 20 kg per month.

It was found that the President has announced former general manager of the company Douglas Perkins, the discovery of the largest gold mine in the African continent after the Congo, it was just a big lie behind the goal of swindling and fraud, the Algerian state.
His spokesman from London on 25 January 2007, the gold mines in Tirak and Omsmash allow extraction of 28.5 per g of pure gold from each ton of dust and rocks, before it is shown that the average real gold per ton of dust and rocks in this region does not exceed 3 g in ton, and the least ? ? of ? ? 0 ?. ? 5 ? ? g ? ? the ? ? ton ? ? the ? ? some ? ? areas, ? ? which ? ? the ? ? blow ? ? strong ? ? to share ? ? company ? ? to ? ? ? ? Stock Exchange London ? ? ? ? and hit the credibility of ? ? the ? ? heart ?. ?
And revealed a file in possession of "Sunrise", the Regional Director's former exploitation of gold mines, told the Minister of Energy and Mines Chakib Khelil and the "Sonatrach" and director of the company and experts Bank of Algeria outside officially that the statement of President General Manager of the company is not unfounded and that he aims for fraud on Algeria, and that the quantities the real available by Algeria of gold in the region of Tamanrasset is the same quantities discovered by experts Soviet years of the seventies of the last century, and the Australian company did not discover one gram of new reserves, before being required to remain silent and not ? ? talk ? ? again ? ? to ? ? topic, ? ? ? ? because it will be ? ? ? ? a ? ? ? ? the implications of the tender ? ? ? ? ? ? the ? ? announced by the company to raise the ? ? ? ? ? ? energy production ?. ?
Indeed, after the announcement of the tender register interest in companies from Canada, Britain, Kuwait, South Africa, but once that got the book of specifications and data technology for the project before running off after the discovery of the scandal and manipulation of numbers and data Geological real, and after that they discovered the movie real ? ? the ? ? is ? ? monument ? ? ? ? and fraud on the state ? ? ? ? ? ? in the Algerian ? ? ? ? broad daylight ?. ?
As confirmed after breaking the Australian company applies for a loan worth $ 67 million from the Bank of Algeria outside, who set the Office of the experience special and experts convey to Tamanrasset to make sure that the data provided by the Australian company to request the loan, and the results were amazing, they are just numbers and fake out of health, according to the results of the experience conducted by the Office of the Chief Geological Australian Phil Phyllis, at the request of the Board of Directors of the Australian company to conduct a thorough review of an independent reserves Tirak and Omsmash under the concession of exploitation, which ends next year, where the expert concluded mentioned to ? ? the ? ? ie ? ? investment ? ? Last ? ? the ? ? ? ? the region is a colorless ? ? ? ? feasibility, ? ? and ? ? ? ? about the exploitation of ? ? 10 ? ? ? ? million tons of ? ? ? ? ? ? rocks in ? ? ? ? the region is risk ? ? ? ? ? ? very high, ? ? ? ? according to the results of the study ? ? ? ? the ? ? have ? ? ? "? sunrise ?" ? ? ? a ? ? them ?. ?
After the return of the team of investigators to the capital returned Bhakiqih one that the Australian company has not detected any love is new and any new mine, and the new is a fraud on Algeria by gangs of professional, and although it won the Australian company on the loan as they like and want, although that all the experts in geology know that mines Tamanrasset can not produce more than 100 kg of gold in the best of circumstances, but the money out at any price and foreigners who have taken the loan left Algeria and are found today in the gold mines in Congo, and really, once they acquire the loan and leave down the actual production to 20 kg per month, prompting the Australian party to sell 32% of its shares to a group of Egyptian fortress that became majority shareholder in the company which lives on the status of catastrophic and almost stopped production.

Khalil ? ? ? ? for defending ? ? ? ? an Australian company ? ? ? ? mail box ? ? the ? ? ? ? the London-based ? ? Malta
And was a partner of Australia when privatization Foundation exploit gold mines, 52% of its capital for mining company Gold Australian "LG or any", which was founded in mysterious circumstances a very just one month before the decision of the Ministry of Energy and Mines in 2002 to open the capital of the company's national institution for the exploitation of gold mines "Ayanor", which was state-owned 100% by the Bank of Algeria and a complex "Sonatrach", the National Foundation for mines and the Algerian company Insurance Company and the conduct of state contributions for mines and company transform precious metals, where Decides to declare an international tender to open the capital of the company for the exploitation of ? ? mines ? ? gold State ? ? ? ? ? ? and Ptirak Omsmash ? ? ? ? located on the ? ? ? ? after about ? ? 450 ? ? ? ? km south of Tamanrasset, ? ? ?. ?
And before the announcement of the auction a month, founded the winning institution, which confirms the existence of doubts and bad intentions of those real quick to establish a front company in the farthest point from Algeria, Australia have a PO Box in London, headquartered in Malta, so as not to raise around the minimum uncertainty due to the geographical distance ? ? of ? ? a ? ? and ? ? ? ? a second hand ? ? be ? ? ? ? Australia known ? ? experience ? ? ? ? companies in the production of ? ? ?
Gold ? ?. ?
Defended the Minister of Energy and Mines former Chakib Khelil, the company that won the tender through the opening presentations, strongly, saying it was one of the best international companies and has considerable experience in the exploitation of gold mines, but did not give the whole truth, because the company which he defended heavily not older than, in fact Month One, adding that it is available on the capabilities of important financial, before it is shown that they do not have any financial means to remember and they will resort to forgery and fraud in the geological studies and raise the amount of reserves of exploitable area of ??exploitation "Tirak - Omsmash" to convince investors to accept the ? ? risk ? ? and get ? ? to ? ? ? ? a huge loan ? ? of ? ? ? ? Bank of Algeria ? ? ? ? the outside, which is ? ? ? ? ? ? Bank Sonatrach contribute ? ? ? ? by ? ? 48 ? ?% ? ? of ? ? project ?. ?
He announced Chakib Khelil win the Australian company for 14 million dollars to pay part in cash and the other half invested in equipment renewal and means of production of gold with the accessibility of facilities and exemptions Jbaúbh and tax on the exploitation, production, transfer and export of gold from Algeria, for 10 years, ending years 2012 ? ? ?. ?
He revealed: "the file that the possession of" Sunrise "to the Australian company announced the purchase of mill to crush the stones and rocks that will extract them gold from South Africa, but this mill, which is a plant small for the production of gold, old, and has been renewed but did not enter Algeria never was transferred to the mines Gold production in the Republic of the Congo, where is now being currently under the supervision of Do?las Perkins, President and Director General's former exploitation of gold mines, which left Algeria and on the other hand, after receiving $ 67 million from the Bank of Algeria outside under the cover of a loan for investment and who has not seen it any dollars, because he is in real dismantling plant Tirak which was built by the Algerian government to invest public by 100% by the South African company, has been converted the factory to the area Omsmash at a distance of 60 km, a plant, which operates to this day, because the AWB did not imports ? ? ? ? factory which announced ? ? ? ? ? ? it ? ? and ? ? we previously ?. ?

Australian company ? ? ? ? ? ? destroy life Pettmnrast ? ? ? ? with ? ? ? ? cyanide article ? ?
She documents obtained by "Sunrise," including the file and signed by the former Secretary General of the Ministry of Energy and Mines, the Australian company continues to use the material cyanide is highly toxic and destructive to the environment and man in the gold mines Bomsmash, despite the existence of international laws strictly prohibit the use of this material dangerous to life The most recent of all kinds of European instruction in May 2010, which banned the use of a full article on European soil in the areas of technology, nor do they respect the laws of Algeria in the transportation, storage and use of this material is very serious.
The company has mentioned the transfer of 200 tons from the port of the capital to mine Tirak closed in 2007, with permission from the state of Tamanrasset, although the Algerian law provides for obtaining a license from the Ministry of Energy and Mines, after the approval of the Ministries of Interior and Defense, the same license, which fastens the company ? ? which import ? ? ? ? ? ? large quantities ? ? of ? ? articl

MadDutch

18th Jul '11

That this article is misinformed, is an understatement.

Between 1950 and 2000, British industry consumed on average 10,000 tons per annum of cyanide, 500,000 tonnes in 50 years. That is 100 times enough to kill every human on this planet. If it was possible. It is not, we are all still alive!.

Take the last paragraph discussing the "danger" of cyanide, which is an industrial chemical used in many manufacturing processes including the blue (cyan) ink for your computers, and super glue (cyanoacrolate).

The lethal dose for ingestion by mouth is one gram, so 1kilo is enough to "kill" 1000 people and one ton is enough to "kill" one million people. In theory. These are scientific facts, so no wonder uninformed people are terrified of it.

So, how many people have died in those 50 years and 500,000 tonnes of cyanide use in of British industry? The Worshipful Company of Goldsmiths published an article several years ago which answered the question; one death in 50 years. A plating shop employee broke all the rules, took a cup of coffee into his work area and put it on the side of a plating tank. He dropped a heavy article into the tank, a splash put more than one gram into the cup and he drank it so fast, his body had no time to reject the foul tasting liquid. Normally, death by drinking is impossible because the human mouth rejects it.

So, mustamente, check your facts before posting.

MadDutch.

Fox Davies Capital Update featuring European Goldfields, Gma Resources, Serabi Mining, Desire Petroleum, Salamander Energy, Tullow Oil

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