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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?


To: allevett who wrote (8774)4/4/2005 7:49:53 PM
From: Crossy  Read Replies (1) | Respond to of 37387
 
re: AEI.V (Arsenal Energy) C$1.50

There's a brokerage report on Arsenal's website as well (by QIS Capital). This is another "acquire and exploit" company, pretty similar to ARD in its strategic thrust, just the targeted acreage for their acquisitions are different.

arsenalenergy.com

Arsenal seems to target 2005 exit production at 3000bopd... current production of 1800bopd, Marketcap fully diluted around $40m

rgrds
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