Post by
betelgeuse9 on Dec 11, 2009 12:11pm
AAPH - What's coming?
Last week a strong breakout run and no sell-off - up 100% from Fri Nov 27th close of .30
What do you think now?
Thisweek: news on drill hole at Rooney Project: projected 200 BOE per dayon estimated 500,000 reservoir, stock price hold up well, still nosell-off
News soon (next week?) from Wed news release:
Theyare going to be drilling more wells on the Rooney Propect, from Wednews: "...offset drilling locations are now being engineered andselected on the Rooney lease and the engineering team will be proposingthe full development plan shortly."
So they are adding to production - this one is a no-brainer
company projects an increase in revenues of 15 X to 20 X over the next 24 months
o/s = 23,749,000
price range now (after last weeks breakout run) .60 - .63