Bullboard - Stock Discussion Forum Arrow Exploration Corp V.AXL

Alternate Symbol(s): CSTPF

Energy Oil & Gas E&P

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

Add To Watchlist

TSXV:AXL - Post Discussion

Arrow Exploration Corp > Stellar RCE-3 results

View:

Post by EagleHasLanded on Mar 03, 2023 7:29am

Stellar RCE-3 results

Great news! Mgt is very good with operations and information to shareholders.

Well online better than expected, remember they start low and increase flow. Should mean 600-800 bbls net after some time. Best of all is that this will repeat next well and so on. Share price still lagging a result that yields +$800k each month net. This will even increase to +$1 mill a month.

120

Comment

Comment by Rob0012 on Mar 03, 2023 9:29am

Agree 100%. I hope to see new investors coming in to clear the warrant lid! 3M shares traded so far on AIM and a little 2.6% gain... News flow will take care of all hesitation sooner than later. Drilling successfully, adding BOEDs, no debt self funded, very hign expectations prospects (Carizales), what? Waiting another 6 months to get over 50 cents? SURE! Noi ...more

Comment

Comment by EagleHasLanded on Mar 03, 2023 9:38am

Rob I already waited 1 year and added more lately. For sure this stock will go up a lot, only question is when. It is reassuring that mgt is top notch, no debt, self funded, and have good netback. Thanks for pointing out vital info. SP should going on .50 this month, i don't think warrants will hamper more longer.

Comment