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LYNDEN ENERGY CORP. V.LVL

"Lynden Energy Corp is an oil and natural gas company. The Company is engaged in the acquisition, development, and exploration of oil and natural gas properties. Its projects include Wolfberry and Mitchell Ranch projects in the Permian Basin, West Texas."


TSXV:LVL - Post by User

Post by zadmanon Feb 28, 2013 7:26pm
193 Views
Post# 21058544

Clinging to support

Clinging to support

We really need to hold this price level to keep the uptrend in our chart in place.  Earnings and production update is coming, next week or the week after that could help.  I have noted big currency adjustments in prior quarters (positive for earnings when the CAD is weak) which may bode well for the upcoming report.  Granted, the CAD tanked relatively recently.  Sure would be nice to wake up with a $2 bid from Devon. 

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