GREY:QEXXF - Post by User
Comment by
rknigh2on Jul 03, 2014 9:37am
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Post# 22712414
RE:RE:What's Going On with SP trending down???
RE:RE:What's Going On with SP trending down???
Micro cap company - expect some swings.
Share price may stay down here until we see the results of the drilling program. Right now you're paying $15000/boepd for current production with little debt and potential for netback expansion through increased liquids production from the drilling program.
No free lunch. But QXP is still cheap on every metric.