AXT 0.00% 1.4¢ argo exploration limited

crimsoncarp, treasurehunter and gizard, page-8

  1. 972 Posts.
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    Hi guys,

    In my last post when i said the wait continues i meant that to be a somewhat of a light hearted end to the post as it will happen most probably when most of us are that frustrated that it ends up being somewhat of a bitter sweet victory.

    Waiting on drilling resoults in the past ive seen everithing bad that can happen, happen.

    Unlike some of the other posters here i dont see much near term potential from Patheon due to the fact that the play is run by a private company which does not have a mob of angry shareholders to worry about and is able to take their time waiting for the right priced rig and secondly although i dont know much about the Huston chalk which is one of the targets the shale gas play (the Woodford shale) has not yielded gas after numerous attempts.

    I will continue to wait and still feel good with my decision to invest but i imagine at some point i will begin to lose patientce.

    cheers
 
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