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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 maramos98on May 30, 2013 10:54pm
104 Views
Post# 21465169

RE: RE: Financials

RE: RE: Financials
From May 15 Chris Copper Stockhouse Interview:
can you comment on aroway’s cash position at present, more specifically
will aroway need to go to the market at these levels?
CC: We do not anticipate going to the market anytime soon…
especially at these trading levels. We have about $1
million in the bank we are cash flowing good numbers right
now. However, if we see an irresistible acquisition opportunity, we will backfill any portion of an acquisition that we cannot fulfill from bank debt. We have nothing in the hopper right now but we are seeing a
lot of great opportunities.
Bullboard Posts