InvestorsHub Logo

cjstocksup

12/11/19 3:10 PM

#1491 RE: Woody73z #1490

FTXP is actively extracting the $1.98 Billion dollars worth of product they are sitting on. I think many forget we ran 100% Monday, 290% yesterday and ran to almost .05 this AM before we saw any real profit taking and that is very normal ahead of the next move up the charts. Churning here is extremely healthy for the next leg up over .05 then to .10 soon on the charts IMO. The figures are astounding here.

The thing y’all have to understand is yes they have reserves estimated almost 2 billion in MCF. Gas is what 2.70 an MCF right now that’s pretty low. I do think this is under valued. If they could come to terms on the debt and we see what their field is producing then this should continue going up.