Post by
ROUGETRADER719 on Feb 04, 2019 1:57pm
Here some info on that 100 million
When oil was lower and with out the new gas discovery and with out the USA side property worth around 50 million , if hey hit oil keep drilling anything for SP is possible , dont forget no wages intill SP is back to a fair price ..GLTA
Crunching the numbers, success on just four wells in this first sand package could increase the Company’s daily production to over 1,500 BOED. and boost DXI’s present value by $30 - $40 million. This would form the foundation for strong core production and significant cash flow which DXI would deploy ASAP to proving up the other anomalies in this seismically indicated cluster, multiplying that potential value.
An opportunity like this comes very seldom, but when it does, it rewards all investors for years to come. In Canada, DXI has harboured over $65mm in historical tax pools just for this occasion. With a series of discoveries, such as what can be envisioned, an ultimate sale could be distributed to shareholders tax free
Comment by
Zola2 on Feb 05, 2019 5:33pm
Good information and I like the way the stock is trading now. Only question I have is - $ 780,000 not much money for drilling.
Comment by
ngsmeller on Feb 06, 2019 8:44am
Don't worry, they issued new shares (again)!
Comment by
Patrickx72 on Feb 06, 2019 9:03am
oh.. new standment from you with account name 27? You telling enytime how bad the managment was.. and that the company will be soon bancrupt.. but you are since beginn are wrong! And you are still here.. and ones in a while you teal out from your stone and try to sprear feer.. you must have a real poor life! And yes.. my english its still poor ;)
Comment by
ariesleaf on Feb 06, 2019 10:09am
STOCK STILL BEING WATERED DOWN WITH NO UPSIDE.