Got to read these announcements carefully, pick up any subtle clues such as;
"Texon has a sound lease position in the highly oil productive part of the Eagle Ford trend and is now considering how to realize the value of the Company’s Eagle Ford holdings".
Realize the value means what?
Means they a seller.
But we already knew that as previous announcements had already said that.
But increasing the tenement portfolio by another 480 acres just increases the value just that little bit more.
TXN Price at posting:
61.5¢ Sentiment: Buy Disclosure: Held
