Bullboard - Stock Discussion Forum Arrow Exploration Corp V.AXL

Alternate Symbol(s): CSTPF

Energy Oil & Gas E&P

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... see more

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TSXV:AXL - Post Discussion

Arrow Exploration Corp > Stellar RCE-3 results

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Post by EagleHasLanded on Mar 03, 2023 7:29am

Stellar RCE-3 results

Great news! Mgt is very good with operations and information to shareholders.

Well online better than expected, remember they start low and increase flow. Should mean 600-800 bbls net after some time. Best of all is that this will repeat next well and so on. Share price still lagging a result that yields +$800k each month net. This will even increase to +$1 mill a month.

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Comment by Rob0012 on Mar 03, 2023 9:29am

Agree 100%. I hope to see new investors coming in to clear the warrant lid! 3M shares traded so far on AIM and a little 2.6% gain... News flow will take care of all hesitation sooner than later. Drilling successfully, adding BOEDs, no debt self funded, very hign expectations prospects (Carizales), what? Waiting another 6 months to get over 50 cents? SURE! Noi ...more

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Comment by EagleHasLanded on Mar 03, 2023 9:38am

Rob I already waited 1 year and added more lately. For sure this stock will go up a lot, only question is when. It is reassuring that mgt is top notch, no debt, self funded, and have good netback. Thanks for pointing out vital info. SP should going on .50 this month, i don't think warrants will hamper more longer.

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