Put KIMJF on your radar NOW!
Another subby is on the radar for Thursday!
At under .005, KIMJF reportedly has 8mil USD cash on the balance sheet!
Bananas for a company with such a small market cap right!?
Not only that, but the company values their assets worth no less than 150mil!
KIMJF’s interest in the Somali block could amount to Billions in revenue once oil extraction commences.
According to Barclays, Africa has emerged as the world’s second fastest growing economic sector.
In addition, KIMJF operates in the same region as Oil Giants like Royal Dutch Shell, Chevron and Exxon-Mobil
According to the US Geological Survey, known oil and gas resources in the Niger Delta rank the province as the 12th largest in the world.
With all this positive buzz, it's crazy to think KIMJF has remained under Wall Street's radar this long.
Well, I think that will be changing soon... so don't forget who told you about it first.
As always, follow my trading rules below and be ready at the bell!
LATEST NEWS!
Kilimanjaro to Acquire Additional Oil Properties in Western Alberta
The directors and management of Kilimanjaro Capital (OTC PINK:KIMJF) are pleased to announce that it has expanded its letter of intent with Verity Energy Ltd. to include oil producing assets located in South Eastern, Alberta near Keho, Alberta (the "Keho Property").
The Assets currently produce 11 bbl/d oil. The Keho property recently underwent a work-over to the waterflood recovery program, it is anticipated that as the waterflood fills voidage that oil production may increase to 20 bbl/d. Additional drilling locations have also been identified on the Keho property.
The AJM Deloitte NI 51-101 reserves Report (effective eDecember 31, 2013 using AJM Forecast Pricing as of March 31, 2014) values the Proved plus Probable value of the Keho Property to be $4.44 million (NPV 10%). Detailed Reserves as reported by AJM Deloitte are as follows:
Keho |
Units |
PDP |
Proved |
P+P |
Oil & NGL |
Mbbl |
25.7 |
98.4 |
160.8 |
Value (NPV 10%) |
$ |
$727,200 |
$2,766,700 |
$4,438,700 |
Read the FULL Releases and past news:
http://finance.yahoo.com/q?s=KIMJF&ql=1
About the Company:
Kilimanjaro Capital Ltd. (KIMJF) is a natural resource investment firm with assets in Biafra, Cabinda, Southern Cameroons and Somalia.
Kilimanjaro's holdings are in world class regions with proven natural resource systems.
Kilimanjaro Capital utilizes innovative strategic methods to provide all their partners with long term support.
By applying their project development experience, industry knowledge and expertise, KIMJF helps their clients transform undervalued resources into viable community assets.
Kilimanjaro Capital has a focus on emerging countries in West Africa, those nations and peoples seeking economic and political self determination in Cabinda, Southern Cameroons, and Biafra (the Niger Delta).
The West African assets are often disputed, distressed and involve multiple claimants.
This strategy permits Kilimanjaro Capital to acquire rights and licenses at the earliest possible point in order to maximize shareholder value.
Kilimanjaro Capital becomes not only a concession holder in the development of these emerging countries but a trusted partner and advisor in their future development.
Kilimanjaro is also focused on Somalia with a plan to acquire more assets worldwide.
You may continue your research at
http://kcap.biz
and make sure KIMJF gets your FULL ATTENTION ASAP!
Follow these rules and strategies and you will learn how to book consistent profits.
GETTING IN
Always use limit orders when getting into a stock. Pick an entry price and stick with it. Don't chase stocks. There will always be another trade right around the corner. Don't beat yourself up if you miss one. The last thing you want to do is over pay because you see a stock moving and think you are missing the boat. Never use market orders to enter into a trade. Using market orders allows the market maker to fill you at whatever price they like and leaves you vulnerable to getting poor fills.
IF A STOCK GAPS WAY UP DO NOT CHASE IT!
Most stocks that gap up will come down during the day. (usually starting between 9:45 EST and 10:15 EST) When a stock gaps up the market makers will usually push it lower starting at this time to try to get investors to panic and sell shares back to them so they can make a profit on any shares they are short from filling orders on the gap. If you like the stock and it gaps up you can usually pick up cheaper shares when the market settles back.
WATCH THE OPEN
Watching the open is very important. You can learn a lot about how a stock may act in the first 10-15 minutes after the market opens. The first thing I look for is lots of selling. If you are watching a stock that has an average daily volume of 50,000 shares and the stock trades 250,000 shares in the first ten minutes and it isn't moving this is not a good sign. This means there are lots of sellers and they are probably only going to get more aggressive as the day goes on. You want to see a stock tick up on a regular basis as you see buys come in. If you are in a stock and you see lots of buying and it's not moving GET OUT. Don't wait. KEEP YOUR LOSSES SMALL THE SAFEST WAY TO DO THIS IS TO SELL A STOCK IF IT GOES BELOW THE PRICE IN MY ALERT.
When you enter a trade you need to determine how much you are willing to risk. Have a firm number and get out if the trade goes against you. Every big loss started as a small loss where the investor lost control of their emotions and didn't close out the trade. When you're an investor you are going to have trades that go against you. It happens to everyone. Successful traders know how to limit losses while unsuccessful ones do not. They begin to hope and pray that the stock will turn around so they don't lose money and next thing they know a small 10% loss is now a 40% loss. At this point they begin to think the stock cannot go any lower and they hang on. Now it's a 90% loss and they finally sell. Do not let this be you. Put a line in the sand in every trade you do. When it gets over that line, get out.
BE CONSISTENT
Get used to booking profits no matter how small. It may help to learn to take small profits when you begin. There is nothing wrong with taking 10%, 15%, or 20% profits on trades. This gets you in a winning state of mind and makes taking profits much more of a habit. You do not need to buy at every low and sell at every high in order to make a lot of money in the market. You just need to be consistent. Everyone wants to hit home runs when they buy penny stocks but the fact is most investors will lose more money hanging on for the big winner instead of taking consistent profits.
DO NOT BE GREEDY!
This will be the death of your trading account.
A mistake that many traders make is allowing a profitable trade to turn into a break even or losing trade. Always book profits no matter how small. Put the money in the bank.
Follow these rules and you will become a much better trader!
AS ALWAYS DO YOUR RESEARCH AND WATCH FOR MORE STOCKS FROM THE FREE STOCK ALERTS NETWORK!

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