TSXV:DXI.H - Post by User
Post by
commoditykingon Jan 05, 2018 4:47am
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Post# 27287319
Private investment
Private investmentStill long DXI with a lot of shares, way way underwater at this price. I had never thought we would hit the lows we saw. However no point in selling now. Let's see if we can stage a comeback.
We will need: (1) greatly increased production, (2) increased reserves, and (3) sustained higher oil and natty gas prices.
If #3 happens above, I eventually see money rotating out of cryptos and cannabis back into the commodity space.
The one thing I can say for us is that we seem to have survived the commodity bear. We can't say the same for a host of other microcap oil-and-gas companies.
Also: why is the name of the private US investment firm not mentioned? Seems a little typical of DXI's massaged news releases.