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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 Pandoraon Nov 27, 2013 10:45am
171 Views
Post# 21945848

RE:RE:Results

RE:RE:Results
We had a bump alright -- downwards. Definitely something wrong with this stock (other than me owning it). For whatever reason it seems to be capped. It has had a couple of runs up to the 90's but generally gets held here in the 75 to 85 area.

These were, I believe, pretty good numbers. Chesapeake has till Dec 31st to spud a well on Lynden's Mitchell Ranch property otherwise they forfeit their interest in the play. Are people waiting for that or is this just the fate of a small Canadian junior playing in the midst of the American big boys.
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