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Bullboard - Stock Discussion Forum Arrow Exploration Corp V.AXL

Alternate Symbol(s):  CSTPF

Arrow Exploration Corp. is a junior oil and gas company engaged in the acquisition, exploration and development of oil and gas properties in Colombia and Western Canada. The Company operates in Colombia via a branch of its wholly owned subsidiary Carrao Energy S.A., with a portfolio of Colombian oil assets that are underexploited and under-explored. It focuses on expanding oil production from... see more

TSXV:AXL - Post Discussion

Arrow Exploration Corp > Brent hits $ 81 !!!!! Auctus target 60 pence....$1 CDN
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Post by gamer007 on Jan 05, 2022 1:59pm

Brent hits $ 81 !!!!! Auctus target 60 pence....$1 CDN

Even with OPEC announcing another 400,000 boe/day increase for February.............prices are firming as supply constraints are evident to those in the know.......Omicron is showing peaks in many places and just a mild flu...........energy demand seems unphased !

....Our FCF is $53/BOE in Columbia at 80 Brent according to Marshall Abbott.......... and being light sweet crude to top it off, with no flaring, bodes well going forward with maintaining ESG credentials as well !

Auctus Advisors target of 60 Pence ..............puts us in line for $1 by year end if production milestones are secured........not too shabby of a goal......Management has demonstrated they are serious !!!!

LME trade today as of now.............10.4 million shares up 3 cents CDN Equ.

Realistically ......Into the 20's in near term........still very undervalued !
Comment by Rob0012 on Jan 05, 2022 3:06pm
Hey gamer!  Aren't you getting a bit ahead of yourself?  Last Auctus report from November 25th (after Q3 release) rather maintains the 30 pence target...still good...55-60cdn...  November 25, 2021                                 Share price: £0.08 Target: £0.30 I'm tols (Mgt ...more  
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