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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 > eagle:I meant to say canaccord, the investment firm. Many
View:
Post by drunk@noon on Mar 24, 2024 5:15pm

eagle:I meant to say canaccord, the investment firm. Many

times a firm like this who specilizes in tiny cap resource companies gives coverage/support and in turn gets the busness when it comes to a financing/dilution.  Also of note, I could see one being done in conjunction with what should be good news from the first of the horizontals. TThis happens all the time and P's me off as what should've been a nice jump in share price is used as a corrot for to lure interest in the financing--always done lower than the current shareprice, thus penilizing existing shareholders. I do not know this is going to happen but I've started to get the distinct feeling some kind of financing shoe is going to drop. I hipe I am wroing.
Comment by EagleHasLanded on Mar 25, 2024 7:32am
Has canaccord come out with a report that states Canacol will divest shares?
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