Aroway Energy Inc ARWJF

Thanks for the .81 shares, still undervalued

[Henmystirsir]

There should be more oil flow on the way very soon. The three wells they said were cased in December should be tied in soon and in my guess should add another 100 barrels. The deep wells must be getting close also. Think about what imperial oil is paying for production expansion at $80900. per barrel? Do you get the picture. That gives me .97 cents a share now at 669 barrels, now include the property they control or are partners in and the increase comming with the winter drilling and you are 1.25 area easy. Well each investor must make up their own mind if they want to buy, sell, hold or add more. I prefer the ADD MORE option. Will look for a much higher exit point. Chris will let shareholders know, and probably after a few rejection offers get tossed at ARW. With 2 cents per earnings last quarter, you would have 8 cents per year and that equals a PE ratio of 10 which looks too low when production may be doubling this year. The PE should be 20 to 30 with all the potential. Bullish? you bet I am, and I have shown it with my purchases. All in my opinion. Go read the company presentation.