Armada Oil Inc (fka AOILQ)

[germanium123]

Armada oil stock price is slowly dropping The company told us how much better it would be for the merger and gave us several reasons for the merger but I guess it will take more time. in the last PR I was curious because Randy did not mention drilling a horizontal well in Oklahoma or Wyoming but doing more work in LA. This leads me to believe the company is trying to decide the next move account of money problems or lack thereof but the company is producing over twice the oil they did last year when they were producing 362 barrels per day. I think they are buying time as revenue comes in. The company is aware of the price drop in Armada stock if it is undervalued at $.040 cents then it is way undervalued at 0.25 cents patience is golden did the company drop its option on 23,000 acres in Wyoming I could not tell from the PR that said they turned back 1,275 acres to the other company they had a contract with. what a difference a good producing horizontal well would do for this stock. IMO