Alexander David Share Forum
|Creator norman the doorman||Created 20 Apr 2005||Posts 235||Last Post 8 years ago|
$51 million cash
pile. 12 Sites to drill this year. Dual listing on the TSX Exchange. Ticker ADE.
3 Dry Wells have led to a collapse in the SP. 12 more sites to drill this year. Some plays have already found oil, some have previously been drilled. Recent massive Director buying at $1.00 - $1.10 Finds at Guayuyaco 1 helping to produce positive cash flow revenues V. Experienced board. Get on board as Oil Futures are set to go higher. Puma has 60 million barrels recoverable could be worth $5. Other high impact wells like Guariquies may have 175 million barrels. Could push the SP even higher. Guayuyaco 2 on test.... Puma on test..... news expected this week...
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