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Aroway Energy Inc ARWJF

Aroway Energy Inc is engaged in the exploration and development of oil and gas properties. Its operations take place in Canada, Alberta.


GREY:ARWJF - Post by User

Bullboard Posts
Comment by Henmystirsiron Jan 13, 2012 2:39pm
267 Views
Post# 19402151

RE: RE: Oil is 79% of production now in update

RE: RE: Oil is 79% of production now in update

Well Allah, they break even at 2.60 and the gas is only 20% of production and they also only attribute .05 to the gas production of the 1.06 valuation so then you are still at 1.01 valuation if you take out all the gas. Think about if gas keeps going down, investors that want to have exposure to oil will come to ARW. Wonder when some Encana investors will give up on that mammoth gas producer and open the hood on ARW. Made .02 cents share last quarter with average $90 dollar sell price so with prices up and production up I will quess they can maintain that or grow some. Probably $6 million in the till from the warrants and adding $1 million month profit. Becoming a self powered cash machine and growing possibly 100% this year. Buy ARW for a great longer term gainer. Leave the penny and nickle trades to the computer traders while real shareholders hold for the dollars. Great job ARW. All in my opinion.

Bullboard Posts