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Tuesday, January 26, 2016 12:56:48 PM
..With a subsidiary Jr. Miner.. This sector will get hot again soon with economy and the Fed rumored to begin another round of QE4 ..
Meantime, WTXR has significant lease rights with the most Impressive ND Mineral Leases.. No Joke! These Locations REALLY ARE] -the best prospects in the Williston ND Bakken Lodgepool Sweet Spot.. Same goes for the Montana locations.. Remember, Gordon Johnson is on WTXR's BOD's... Any JV or LOI to activate leases could become an overnight Loto Play..
http://westtexasresources.com/project-royalty.html
Only thing currently holding them back is the current oil glut and low sub $30/ppb..
That said, Make no mistake, this has the potential to change on a dime due to OPEC and world events unfolding in the mid-east.. Prices will eventually go up and could violently and instantly Skyrocket should any conflicts breakout between feuding Saudis, and newly empowered Iran suddenly competing for market share. These 2 players don't like each other.. If OPEC cant get an emergency meeting soon with an agreement to cut production, than unrest could inevitably take over.. Any sustainable damage to Saudi Oil Fields or elsewhere in that region becomes a game changer for US shale producers who could spool up operations in a hurry.. Perhaps Johnson will provide a meaty update on what the NEXT MOVE IS
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