RE: RE: RE: RE: Byron Capital ReportThanks Kel2. That is what I thought given the map of seismic. Since there are several deep zones in the area, I suspected these are all different prospects. The fractured shale zone of 400 feet appears different than all the other. I really can`t wait until they drill into the deep zone where there is potential for oil also.
As of a few minutes ago, any stock coming in is quickly getting picked up all above
.40 Also, I suspect that since this has the early potential to be such a great play given their early success, there really isn`t much selling at any level, it looks like most of the paper is in good hands and not selling. The big trades look relatively pre-determined going into hands like Byron capital and their investors I suspect. Unlike another play I am in (SFF) where there is tons of paper coming out and still coming out. Clearly two totally different plays in different life cycles with PXM already moving to what could be production, whereas SFF is very early with many years of drilling to come so the paper has to turn over and over.