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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

Comment by ferret_caon Apr 27, 2013 3:49pm
87 Views
Post# 21309990

RE: RE: RE: Low volume?

RE: RE: RE: Low volume?

I just initiated a position in lvl just under .70, had to be patient due to low volume as stated before. i'd been following this play for a while and having sold off most of my cdn based oils a while ago i've been picking away at oil and gas companies operating outside of canada. once they figure out the best and cheapest ways to frack and develope this play the upside is huge, plus you should get very good pricing on your light oil as opposed to the cdn situation. these guys seem to be just biding their time and letting others do the operating which makes sense as they don't seem like bonafide oil and gas guys. i recently bought devon as it's land positions are massive and in some great areas. also like t.iae , the only cdn producing junior i have now is bxe. lots of potential here with lvl but gonna have to be patient for a while longer i think.

cheers and gl   ferret

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