Arrow Exploration Corp V.AXL

Why this dog wont run

[goldboyz2]

Calgary, Alberta--(Newsfile Corp. - April 6, 2022) - Arrow Exploration Corp. (AIM: AXL) (TSXV: AXL), the high-growth operator with a portfolio of assets across key Colombian hydrocarbon basins, announces that, on 15 February 2022, Marshall Abbott (CEO) exercised, for cash, 400,000 options at C$0.05 per common share of no par value ("Common Share"), and on 16 February 2022 Max Satel, PDMR, exercised 375,000 options at C$0.05 per Common Share in return for the issue of 375,000 new Common Shares. Following the exercise of the Options, the Company shall have a total of 16,339,000 options in issue under the Plan.

With 6% of management holding shares in the company explains a lot 


GB

 

[Greyballs]

Is anyone surprised

[goldboyz2]

Im sure Silver T, Rob and Gamer sure are !  GB 

[gamer007]

GB.................still here sipping my Margarita ! I listened to similar comments, regarding TCF.V a few months ago ! Sideways action is like a coiling spring, take out the impatient, and the upside, will be greater. This new team is pragmatic, getting the job done, and once again are strait up and doing what they said !     The plan is straight forward and cashflows very

[Greyballs]

Insiders exercising 5 cent free options pre drill doesn't send shockwaves of confidence....like seriously Not sure what experience management has. Feels like promoters. What I can tell you is that most companies don't drill between April and November in Colombia for a little annual thing called the " rainy season". All this #@it about previous board and management. Went back and

[Mickey2]

if you look at insider trading, Marshall exercised his options on Feb 17, 2022...almost 2 months before the spud date. What do you mean it 'doesn't send shockwaves of confidence' ?

[Greyballs]

It doesn't Stock is down

[Mickey2]

we are down 1 cent.  What is the problem? you dont like AXL? There are plenty more oil/gas stocks out there doing better at the moment.

[Greyballs]

Isn't that obvious "There are plenty more oil/gas stocks out there doing better at the moment" Trades like dog. Market has no faith

[Mickey2]

please sell your AXL shares and perhaps buy something else If you dont like what you see.

[Greyballs]

Mickey You should talk to experienced traders on what it means to see insiders exercise options "well before" expiry and ahead of key milestones. You obviously don't have a clue about how stocks trade and neither does the management team

[Mickey2]

This is Marshall's 8th company that he and his team have taken over. That's what he does for a living. Cleans up the balance sheet. set execution in motion, then he will sell AXL in a few years.

[Greyballs]

A) So why exercise options early and ahead of milestones? B) If he is a great value creator....why exercise at all. Seems weak. ..kinda like your cognitive reasoning Mickey.

[Mickey2]

you have anything positive to say about AXL? please and thank you