EXPM:JNEXF - Post by User
Comment by
buxtondudeon Feb 27, 2015 3:40pm
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Post# 23473637
RE:Longer Term Plan?
RE:Longer Term Plan?Agree on people trading penny stocks but you would have credibility if you could substantiate the terrible costs on this drilling. As far as I know, JNX has always been very prudent with their money and the costs for oil is $20 a barrell, so depending on the price of oil on the market. Also, the story here is there might be an interesting oil reserve, it's worth something.
They also had Bernard Lemaire of Cascades who paid 30% of the drilling, if this guy was ready to put that much money, there must be a reason.