GREY:ARKXF - Post by User
Comment by
shambano1on Aug 26, 2014 10:59am
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Post# 22878209
RE:Shorts
RE:Shortsthe more shorts the better because they will all run for cover when RTQ produces some good to great drill results in h2-14 and beyond.
the delays with getting production on stream or taking it off were not related to the quality of the play and they will prove that plus they ahve other oil plays and they are just getting started in theri montney play.
I think this is a great time to buy on the perception of bad news versus the reality of good news to come.
of course I'm an optimist as everyone can see, but their balancve sheet is strong and debt is very manageable, so I will wait for more results in q3 and 4 before I exit this play.
O&G conference coming up in 2 weeks might shed some light on RTK potential down the road.
I'm long and biased so DYODD