It's good news day!!!

2 nice RNS this morning which I have no doubt, in the fullness of time, will send the sp up for the companies involved. Victoria Oil and Gas (VOG) issued an RNS on their AGM and an operational update for Seprember/October. Basically they are likely to have another 9 customers taking gas by the end of the year on top of the 6 that are currently taking gas. They also have 26 letters of intent for gas supply and 9 for power requirements. Once they announce that they have finance sorted then I am confident that the sp is going to go up dramatically as suddenly they will be in a snowball situation regarding customers taking gas.
Orogen Gold (ORE) also issued an RNS saying that they had negotiated $5M finance in drawdown facility to enable them to press on with exploring the Deli Jovan site for gold. For me they key bit of the RNS was "We look forward to updating shareholders shortly on the most recent drill and trench results from Deli Jovan."  It would be nice if they meant Monday!!!

Orogen Gold ORE

I haven't posted for over a week because nothing has happened. Then, all of a sudden, today, things started to get exciting with Orogen Gold ORE! People started to buy millions of shares and the sp, had gone up to 0.67p! Traditionally they like to issue RNS on a Monday morning soi I wonder whether we will get one on Monday? Also they are supposed to release info about the gold mines in December so is this the start of something big or just another false dawn in the land of AIM?
We will have a better picture on Monday!

At last some good news!!!!!!

After a couple of weeks of bad news, dilution from VOG, massive fall in Red Rock share due to Jupiter mines stopping iron ore works due to fall in iron ore prices,  general poor market conditions, today, Victoria Oil and Gas (VOG) issued an RNS giving some good news!!! They have had an independent gas market survey done on Douala and state that a company called Prometal has started using gas and can take up to 430000 cu ft gas per day so a good customer. Further more they have another 10 customers who are likely to be taking gas by the end of December.
One of the key comments I took from the report was the 100% growth per annum from 2012 to 2017!!  If that actually happened then the company would be making some super profits and the sp should be significantly higher. It will be interesting to see whether there is any movement in the sp and whether there will be a lot more sales of the recently issued shares!