After ARQ's poor performance from late 2005, would I have still been in ARQ from July last year to now if I knew that ARQ would pretty much only be drilling low risk, low market impact when successful development wells?
It's cost me plenty considering the switches from ARQ that I did not make - into companies that have gone up a few hundred per cent while ARQ has continued to languish this financial year.
Have a read of what is still posted on the ARQ website at http://www.arcenergy.com.au/drilling_program/index.php
"During July 2006, ARC resumed its Exploration Drilling Program for high value targets in the Perth Basin."
That has NOT happened. ARQ has been drilling a series of low risk development wells with low market impact when successful.
ARQ Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
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