RE:so...perforating failed because its too hard to get acid in?
never believed too hard on this story since September
Watched a very successful promotion run it's course
Consider this...no-one fron DXE/NFK went to Tunisia for the well completion phase
Stock sank..was halted..then resumed with little clarification or concern for shareholders
This looks like the soft landing bad news story...kinda like Oilexco...slow let down to 1 cent I expect
Even as of August..when trading around 6 cents..insiders didn't bring in buying thru leaks....I believe they never expected this well to pay-off
Couldn't resist the promotion and cheap financing for an easy $2 mil plus
jwall played his part well
Most players here know nothing about well exploration..those who do say it's over
Typically people keep dreaming and hoping and averaging down
Friday saw little volume coming thru Chi-X..yet many US investors bought over the last months..
thanks to BlackGold and a big seeking Alpha promotion..will be watching US selling next week
It's a fool's play from here I believe...the pump from Cangary will keep going
One single rack,20 feet long,shooting in pellets.3/8 of 1 inch in diameter,16 in separate,so how many caps...?..thru concrete,expecting 3,000 bbls / day to flow into wellbore...failed attempt
Schlumberger know what's going on...word will get out...I recommend you do too
Tough decision to cut and run...casino style promotion and trading is over
many will hang in until the death..just like Blackberry,Oilexco,Goldquest ,Atac and on and on
penny stock fever.....worst game in town
jmho....good luck