OTCQX:GXOCF - Post by User
Comment by
micromegaon Oct 17, 2012 4:35am
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Post# 20492049
NOT A BIBLE........
NOT A BIBLE........ Keith Schaeffer recommended Border (BOR.V) in his latest newsletter ....have you seen its drilling results and its performance lately? Horrible. My point is that Keith is not a Bible....he was also recommending Torquay and Sterling Resources in the past thru his newsletter....again , have you seen their charts ?
Do not also forget that the Bakken wells of North Dakota have a decline rate of 60% and they are very expensive too as the recent SeekingAlpha article about the Bakken juniors points it out as below
https://seekingalpha.com/article/926491-david-and-goliath-of-the-u-s-based-bakken-formation
I do not know whether DTX is at the sweet spot like SCS is with the Beaverhill Lake.....by the way SCS has gone fine operationally and fundamentally but the pps has dropped due to the general sector decline. SCS has made it clear that they will start drilling in Q4 again with one rig and early 2014 with 2 rigs.