EXPM:JNEXF - Post by User
Post by
tprig1on Feb 27, 2015 1:42pm
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Post# 23472926
THROW OUT THE ANCHOR !!
THROW OUT THE ANCHOR !! JNX heading for temporary support at $0.80 range . No surprise , correction was certainly over due. the stock is ridiculously over priced for 1hz well that was immediately placed on artificial lift
due to insufficient bottom hole pressure to natuarlly lift the oil column & sustain natural flow condition.Also the well location is in a remote area w/ no infustructure in place .