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Arrow Exploration Corp T.AXL


Primary Symbol: V.AXL Alternate Symbol(s):  CSTPF

Arrow Exploration Corp. is a Canada-based junior oil and gas company. The Company is engaged in the acquisition, exploration and development of oil and gas properties in Colombia and in Western Canada. The Company operates through two segments: Colombia and Canada. In the Llanos Basin, the Company is engaged in the exploration, development, and production of oil within the Tapir block. Its assets include Tapir Block, Santa Isabel (Oso Pardo), and Capella Field. The Company owns a 50% interest in Tapir Block with approximately 65,154 gross acres (32,577 acres net). Its Oso Pardo Field is located in the Santa Isabel Block in the Middle Magdalena Valley (MMV) Basin. The Company also owns approximately 10% interest in the Ombu Block, which contains the Capella discovery. The Capella Field produces approximately 2,250 billion barrels per day (bbl)/d (225 bbl/d net).


TSXV:AXL - Post by User

Post by fearlessggg1962on Mar 27, 2015 11:43pm
75 Views
Post# 23571937

Just a little info on trading volumes

Just a little info on trading volumesAs of Sept. 2014 the total volume for 9 months was 45M shares traded between $0.15 to $0.35 so anyone that bought large volume (>1.5M) during that time would be hard pressed to average below $0.20. If anyone is averaging below $0.09 right now they would have less than a Million shares, the trading has slowed right down in the last 3 months and the price is reflecting.

So I still maintain Jenny is a penny flipper and did not succeed to date, so if she hangs around long enough she will be able to sell make her money and move on.

My take on Y/E, it will not be a barn burner but it will be decent enough so Jenny can sell and get out and move to greener pastures.

Regards,

Fearlessgg 
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