AXT 0.00% 1.4¢ argo exploration limited

With the rain and permitting issues, I'm thinking we may not...

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  1. 2,911 Posts.
    lightbulb Created with Sketch. 17
    With the rain and permitting issues, I'm thinking we may not hear news re Tyler until mid to late June. It's an annoyance, but it's a short term issue.

    The positives are that PANR's SP doesn't seem too concerned with the delay, and the Polk drilling continues on in the background.

    Macro news;

    http://www.forbes.com/sites/timtrea...om-a-big-fall-in-u-s-production/#38c68801796b

    https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=PET&s=WCRFPUS2&f=W

    US Oil production continues it's fall, with ANZ expecting further deterioration in the coming months.

    Cheers!
 
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