DXI Capital Corp. (DXIEF)

[hamiltonstrueheir_3]

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slavarus45 • 18 hours ago Flag
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Things to consider....
I had a lengthy conversation with Craig yesterday. Everything seem to be moving in the right direction. All JV details will be made public when the Q2 MDA comes out around 15 August. JV partner is a well-known O&G Company with cash and expertise to develop Kokopelli. Just remember that the valuations do not include the deep Mancos, which will be drilled next year. As far as Woodrush, we have only tapped into one pool. There are two other pools with significant potential for oil and gas. Valuations do not reflect that either. Woodrush is not going away any time soon. It will only grow in production numbers. Lots of work will be done there in the coming weeks to increase production. 3D seismic will be completed at North Rangely very soon. I think that we will use our own funds from coming wells to do so. Look for a JV after completion. This will be a completely different ball game. We are now saving around $500K in interest from the loan that was paid and 70% in G&A expenses in US operations. That's a lot of money for a small company like Dejour. There is also two more wells that will be opened up at Woodrush later this year.
Don't panic about stock price fluctuations. We are on the right track and will continue a steady climb. By the end of August we will be trading much, much higher. I believe that $0.50 is a conservative estimate. Hold your shares and add more if you are willing to take an educated risk. We are finally moving forward and it will only get better from here. GLTAL Less
Sentiment: Strong Buy