Jump to content

TEX


ShareCafe

Recommended Posts

Nice 'blind intuition'...errr research Crooky,

 

I bailed at 3.8c with what i had left after tax lossing a lot of my original holding from the spp at 5.5c (ouch). Still recouped quite a bit by grabbing a few hundred k at 2c a little while ago...

 

Good luck.

Link to comment
Share on other sites

  • 3 weeks later...
  • Replies 553
  • Created
  • Last Reply

Top Posters In This Topic

  • 2 months later...

Did anyone veiw the announcement yesterday.....a break of 9c , and we are off. Would be great to start seing the 0.5c moves on the head stock.

 

TEX now has existing producing assets - circa $1mil pa revenue

50% interest in 13,000 acres Buffalo project, first drill underway

and now 60% interest in 1,500 acres in the Wolfberry which has potential for 40 wells targeting 440m BOE

Link to comment
Share on other sites

The BRR below is well worth a listen for those not familar with the story.

 

Buffalo should be drilling around the end of the month...

 

35-40 well Wolfberry program to kick off in April/May with only 6-8 weeks ot bring each well into production...

 

Plenty of newsflow now in pipeline, lack of newsflow has been an issue for this stock in the past - not now.

 

With oil around $US100, and a market cap of circa $22mil and only circa 200 shares on issue - this thing could move to 15-20c trading range quite quickly.

 

DYOR.

Link to comment
Share on other sites

TEX up 27% plus today. Some good things have happened recently but does anyone know why this sudden large surge. i have held TEX for over 2 years and can't remember the last time they had this bigger gain in a day. Any clues would be appreciated.
Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

×
×
  • Create New...