Quote:
Originally Posted by
thedude4599 
After this week, it's its been 4 months exatly since the last pp closed. Previous pp's took anywhere from 1-3 months, so we should be seeing something soon.
I'm hoping we see some news after the close today, or else its been an uneventuful week once agin for BNX.
However, I am quite happy with DTX's Q2 results. Two positive things came out this week from them that should reinforce our investment in BNX.
1) DTX continues to have the best success of all the AB/MT bakken plays, especially with the dicovery of this new pool which is located
right next to our property and could very well be under the Jensen pool. This will increase land value all over the area and also generate more interest for
future drills for any of the competitors.
2) If you look at all the insider buying that occured on DTX, it just goes to show that the insiders always know best. Whether the price was low or high they
were always buying. In my opinion actions speak louder than words, and when you see directors loading up the truck and no news has come out, its usually a
very good sign.
Point of this is regardless of what's happened to BNX with no news and decrease in share price, the potential has stayed the same(if not increased slightly
due to the work being done in the area), and Bilcox/Doody are not leaving this play without a hefty profit. So don't feel discouraged, this pony isn't dead at all,
just waiting for the right time to run.
New DTX presentation this week. If you look at page 10-11, BNX is located directly ontop of the two DTX wells on the left side:
http://www.deethree.ca/pdfs/presentations/DeeThree_August%2014_2012_presentation.pdf
If you checkout canadianinsider.com, you'll see that every directors was on a buying spree from Q4 2011 until Q2 2012:
http://www.canadianinsider.com/node/7?menu_tickersearch=DTX+%7C+DeeThree+Exploration
