Arrow Exploration Corp V.AXL

Auctus Advisors Report --geological assessment !

[gamer007]

Further to the discussion ......................right out of the  Auctus Advisors report :

"securing an expansion of Oso Pardo and drilling a low risk well to confirm the geologic interpretation has an unrisked value of  >US150 MM. The 2-D  leads at Tapir could have unrisked value of an addditional US$85 MM."

This kind of analysis has been provided to the high net worth clients on the AIM with relevent valuation metrics.........as a result Canacol retains a 19.9 % interest of all stock outstanding, with another 25 % held by other high net worth family offices. The quality of the ground underpins my investment thesis of 10X potential within a few years.

What ever happens with the Peppers in Alberta is just icing on the cake !

Till proven wrong..............I will just lay back in my recliner and let it all unflod.........at 15 cents.... ....it's still at the bottom !!

[Rob0012]

Gamer...I got this from the CEO.CA board... this guy seems to know a bit more of historical and "behind the scene info"...what would you answer to this?  Never heard of "Ecopetol"...??? Axl needs assignment of tapir block from ecopetol. Maybe just signature but a t to be crossed. Explains drilling delay. That should have been addressed last pr instead of extension

[Rob0012]

EcopetRol is an national petroleum company.  Still don't understand the link with AXL...  Also, this guy talks about "drilling delay".  Max has confirmed with me that they've experienced no delay whatsoever until now. Cheers! ROb

[Rob0012]

Finally decided to do my own digging (bye bye laziness! LOL!).  On AXL website, at the bottom of the page describing Tapir block, it says (I still don't know why the guy from CEO refers to a delay) :  Colombia’s Agencia Nacional de Hidrocarburos; Arrow’s 50% interest in the Tapir block is contingent on the assignment by Ecopetrol of such interest to Arrow.