Post by
deet on Mar 28, 2024 9:49am
AXL
Very encouraging year-end reserves and operational update. For the nervous nelly that just sold 40,000 shares for peanuts...don't let the door hit you on the way out. LOL
https://stockhouse.com/news/press-releases/2024/03/28/arrow-exploration-corp-2023-year-end-reserves-and-operations-update
Comment by
EagleHasLanded on Mar 28, 2024 10:01am
It's clearly an overreaction. Down 10% is way too much. It will soon be up to 40 cents +
Comment by
deet on Mar 28, 2024 10:52am
I'm surprised it's down at all. I thought today's news was excellent.
Comment by
deet on Mar 28, 2024 10:57am
I think someone mistakenly put in a market sell order instead of entering a limit price. Down 10% on a measly 40,000 shares right at the opening bell?
Comment by
EagleHasLanded on Mar 28, 2024 11:11am
NPV10 values 2P reserves at 280 million dollars, it equates to 98 cents per share. Ppl don't get the value!
Comment by
deet on Mar 28, 2024 11:15am
And with all the geopolitical uncertainty in the Middle East, oil prices can skyrocket overnight...at any time. My opinion only, of couse.