Aroway Energy Inc ARWJF

RE:RE:RE:79 square miles

[LeRiche21]

I dont believe they will wait to release news to the market. They know that the moment they arnounce they are funded, drilling and currently negotiating cheap acquisitions to add to their  numbers instantly, it wont matter if oil is down or not.

IMO, from 11ish cents the PPS will rise quickly as long term holders wont put their shares up for sale anymore, at least until they get back in the money which is above 50c for a lot of us and short term holders who are smart enough to have smelled the opportunity at these ridiculous levels and are in the money will be taken out quickly.  

After that first leg up, depending on how quickly we see resutls from the drilling and/or acquisition(s) we could see new highs which will make all this suffering worth while...  Of course I realise this is best case scenario and it's based on a lot of IFs but... what if?  :-)

BTW dont forget is objective is still to get bought out by a big cie and you can rest asure his price target is not in the pennies! 

Back in 2013 we had a survey on this board and the predicted price was averaging around $1.80 by 2015...  

Hard to imagine when the price is only 11c but the reality is that when these predictions were made it was base on objective numbers and the funny thing is that we werent producing as much oil as we are right now and kerrobert wasnt even in the cards!

Care to venture a prediction?

Ill go first:

I predict a take over at $1.25 by the end of 2015 and a production number hovering around 1000 BOED

JMHO 
DYODD
GLAT

LeRiche