Re: AXL

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Engaged in the exploration, acquisition, development and production of oil and natural gas in Western Canada.

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cyan

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Re: AXL

in response to

Re: AXL

cyan

posted on Nov 02, 2011 03:18PM

Talked to the co today. Asked about the boeds. Since Gas production is drifting down this year(25%) then the percentage oil in this figure is higher which is higher revenue at flatter production. Also noticed Canaccord was rating AXL on my investment sight. They do not have an analyst covering AXL so bank has made a mistake. BMO is saying we are worth about $1.20.

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