NowI'm in Arrow since October 2021. I
I'm in AXL since October 2021, after GAMER07 brought my attantion to it on another board (GASX). I've accumulated more shares than a balanced portfolio should allow (!) and I feel good about that. Yes, it's worth less today than when we reached 47 not too long ago, but still, I feel good. Felix asked why the stock was down on what he considered good financials...well, it'd be very long to ex plain but just accept that "The Market" has been used to be fed by management over delivering expectations and that this tend abruptly stopped when AXL released RESERVES and PRODUCTION numbers UNDER expectations on March 28th. Then last wells production numbers lower than expectations, then Canacol's drama, then financials showing a loss, then options granted. All excellent reasons to sell your shares when maybe you trippled or quadruppled your investment in just a bit more than 2 years. Now I believe all "not so bad mews" are behind us and that SP will stabilize between 32 and 34 until HZ well results. Unless the Co comes up with an updated production number if they finally resolved the water issues with some wells. Why am I still here? Because when I kept adding shares, I did it in a perspective of an eventual divy. AXL has been a monster cash flow machine that allows us to develop, build reserves and constantly increase production without having to futher dilute shareholdings. Furthermore, Canaccord Genuity, Zeus Capital, Auctus advisors and one more have target prices between $0.80 and $1.20.
Anyways, I realize it's a long post and that I could go on and on for way longer LOL! Happy to see new posters.
Rob
Strongly holding shares in AXL!
,ve accumulated shared at different prices and