Replies to post #13822 on Value Microcaps Junior Energy

[Bobwins]

Joseph Schachter was on BNN yesterday. He was asked about DXE. He said mgmt thought they had something because of the logs and the fact that they were testing three zones. Schachter said the only question is whether the oil they have is commercial.

He thought 1,000 or 2,000bpd would be a major win for DXE/NFK but again cautioned that it will be a binary event.

So it doesn't surprise me that mgmt is acting like they have something. They surely believe they have a commercial well but until the testing is done, no one will really know.

3 weeks is not too far away and we will all know pretty quick.

Bobwins