OTCQX:GXOCF - Post by User
Post by
Marlbankon Feb 13, 2014 1:08pm
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Post# 22205659
Playing possum
Playing possum
I think it's unwise to think the shine has come off the Bakken property, and by extension DTX. That one will just have to wait now that the latest/long reach fracking techniques have made the Belly River irresistible. The really long-term upside lays in waterflooding the enormous Bakken field at Ferguson. While they delineate and understand the Bakken, Brazeau will gush cashflow. Meanwhile, CPG bides it time, pleasing conservative shareholders by not acquiring, but fully aware that a new race for assets, one that rivals the trust acquisition-frenzy of the early 2000's, is fast approaching.