AOAG

[Albert0373]

Next leg up IMO. A bit late to the party but a little bit more seems to be in the bag after this pullback.

http://i43.tinypic.com/vg04mx.png

[Wookie]

Than you for the info, shall look at it closely.....:top:

[Wookie]

Interesting, an Oil and Gas company with ONE project , a Gold Mine to develop, and trying to raise cash by selling at a deep discount Gold still in the ground.

Interesting indeed... !!!

Pops on this news.....


Arctic Oil and Gas Provides Update on Financing of Norton Sound/Onshore Placer Gold Projects in Alaska

LAS VEGAS, NV -- January 7, 2009 -- Arctic Oil and Gas Corp. (the "Company") (Other OTC:AOAG.PK (http://finance.yahoo.com/q?s=aoag.pk) - News (http://finance.yahoo.com/q/h?s=aoag.pk)) today released an update on financing arrangements currently underway for their Norton Sound and Onshore Placer Gold Mining Projects in Nome, Alaska which is scheduled for development in 2009.


$250 million Gold Mine Financing


The Company management and JV Partners RE Shell Group/Concha Holdings have begun actively seeking financing arrangements since first announcing their unique $250 million forward gold offering at $500 per ounce to qualified investors, banks, and institutions.



The company is pleased to announce that, beginning on Friday, January 9, 2009, management will be making the first of several presentations to potential institutional buyers who have expressed interest in the gold offering.


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Shall watch...

[Random]

Would have been nice to buy at .005.. ;\ This looks like it could have potential..

[Albert0373]

Bid/ask currently .07x.071

[Albert0373]

.073x.075

.069 was some hefty resistance earlier

[Albert0373]

L2:

http://ih.fotothing.com/76266.gif
Courtesy of Blue Horseshoe

Strong bidding support