GX - Guardian Exploration Inc - Page 3

Its better that they didnt unhalt it today, Unhalting a play like this on a negative day(until late this afternoon), is a bad idea. Mind you, I wouldnt mind grabbing a few more shares at 3c. The fundamentals for the company seem quite promising. With $1 million backed by the CEO, along with new production and a 40 mil O/S, who knows what other production they could put on this year.

As well...did you see who the new director is? Another Kowal, so probably a relative. More family members might make for a stronger ship IMO. Ontop of that, the new director owns and operatres a "oil construction firm", which could mean doing future O&G drill/casing projects for significantly less.

I got my bid in at 3c, yea im reconsidering flipping this right away. Could be much higher than a double.

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Take as much as you can if it opens under 4c, anything from 3-4c is a steal. I have 75k at 3c. But if im able to, ill buy even upto 500k if its possible in that price range.

This could be a decent longer term play too, so if your able to get more, sell half when it goes up, and then hold IMO.

If we do see a large sell order on monday at 3-4c, I would bet that its the CEO trying to either shake out some weak hands to get some cheapie shares for himself and the new director, or keep the price down and do a cheap PP so that the insiders can load up. Kowal already owns 25% of the entire O/S.

But most likely we wont ever see 3c again. Kowal put up the $1 mil to take care of the debt, and their producing around 150bpd oil and now 525MCF(or 88BOE, 44BOE for GX's stake). So very decent production, no debt, decent directors, and a 40 mil O/S.

Ivano if I knew the future i'd be a billionaire. But as a estimated guess, keeping all this equal, meaning oil staying between $75-85, nat gas from $4-5, and GX keeping their current production without adding or losing any, maybe around 15 cents, give er take a couple pennies. This is also not considering a correction in the market, or any potential insider buying/selling, and no updates of any sort.

I could be totally wrong, but I definitely see GX being over 10c by september.