OTCPK:AUSTF - Post by User
Post by
SAMITHEBULLon Jul 18, 2005 12:42pm
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Post# 9290789
It has been a long time
It has been a long timehello to all
For my own reasons i sold out all of ANG holdings back in Nov-2004 after holding the stock for over 3 years.
Needless to say, ANG has been a horrible performer thus far in 2005 given the excellent overall performance of the energy sector.I am not here to bash,but the fact of the matter is that ANG management has dropped the ball in grand fashion over the past two years.
I want to get back in,but i will wait until the energy complex goes through its late summer correction,and if ANG actually delivers on their promises for a change.
On the May 31st new release,ANG stated:
"As a result, Montana production is expected to double from 1.5 million cubic feet per day to three million cubic feet per day, and with Alberta increases, total corporate production is expected to increase from 610 barrels of oil equivalent per day to approximately 1,000 barrels of oil equivalent per day by the end of the second quarter."
We are well into Q-3, any idea if they are even close to the 1000boe?
Cheers
Samithebull