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FORENT ENERGY LTD. V.FEN

"Forent Energy Ltd is an oil and gas exploration, development and production company with mineral rights holdings, reserves, and production in Alberta, Canada. The company does a production of oil reserves through development drilling on three core properties in south-central Alberta; Twining, Provost, and Wayne. The majority of Forent’s production is generated from these properties. The firm generates the majority of its revenue from Oil sales."


TSXV:FEN - Post by User

Bullboard Posts
Comment by Phonse47on Jan 31, 2014 4:54pm
120 Views
Post# 22160448

RE:RE:news release

RE:RE:news release could they? i say yes. In my opinion that is a reasonable explanation for the spike in daily volume int the two weeks leading up to the close of the PP. It seemed a good idea to me and was my first time investing in a PP. The four month mandatory hold is the risky part but i am not worried. I was looking back at last year and recalling the huge spike in S.P in between march and april, mostly on news of BW early warning notice. Some momentum from montgomery one. If monty 2 is a success i think the spike could be even more dramatic. Last year we went from .04 to .14 then setteled down, more than a 300% rocket. I am hoping for something in the neighbourhood of 500% this time. Call me greedy :)  on the otherhand the way i read the 2014 presentation all of the monty identified drill locations would have to be a success to reach the .62 valuation.
do you have an opinion on where you see this in 5 years? do you think the monty 2 results will be early based on drill licence date of Jan 28? Good luck Yajne
ps i wasnt surprised there was no lift off after todays announcement. it was in keeping with established expectations. Still a minor deflation moment as it is always good to see the green :)
Monty 2 success is close at hand, In fill not far behind that. could be good christmas shopping this year.
Bullboard Posts