May I suggest that you check out announcements by BFE (Black...

May I suggest that you check out announcements by BFE (Black Fire Minerals, formerly named Black Fire Energy) dating from 28 May 2008 (note who was invloved in the transaction)

Note the same geologist Brian Varndell involved back then as well.

Here are the announcements for your reference

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00845864

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00878900

http://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=00896577

http://www.miningtopnews.com/black-fire-energy-announces-acquisition-of-iron-ore-projects-in-kogi-state-nigeria.html

All sounds very familiar to me.

You the speculator be the judge. If you can remember Black Fire Energy 2 years ago was running hard on the back of this acquisition. So what happened? DYOR and you will see similar theme happening here.

Good luck guys,

;)
Nic