GREY:ARWJF - Post by User
Post by
BLUE3on May 31, 2012 4:29pm
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Post# 19967619
ARW Third quarter resuelts
ARW Third quarter resuelts Why the venture exchange would allow such a bull shot report to be issued.....no mention of third quarter results mentioned only nine month comparision of 2011-2012 ....NO mention off third quater cash flow NET BACK PER BOE We can see net back cash flow from quartter one sept 2011 report was $41.93 PER BOE....and quarter two dec 31 2011 cash flow net back was $35.79 .. NICE DROP ...I CON SEE WHY CHRIS WOULD KEEP Q 3 CASH FLOW NET BACK A SECRET i would guess.... mid $20 range As the price paid to canadian producers for crude oil shiped to US gulf coast refiners when any crude can get into the pipeline has been droping steadly since last part of 2011 and still droping .....So cash flow net back per boe has droped as well.....The price quote yesterday for edmonton light sweet 40 api$... 84.90....and western canadian select crude was $71.51.....I expect to buy arw stock by year end in the twenty cent range........ Good luck with $ 2.50 a share Mr.Green
lots of luck to all blue3