BOW tanked on listing in May from 20 to 12 cents. It has been in a tight trading range b/w 12 and 14cents since. Thats the bad news. In May it had $6m in the bank from the listing and 70m shares. It also had a reasonable number of prospects having taken over most of Arrow's portfolio. It is just about to drill 5 holes in quick succession. The 1st, Pickabooba is mostly free carried and they still have 87.5%. (with a name like that it has got to be lucky). The next Donga 3 with OEX they have to contribute 20%. Another with OEX they have to contribute 80% and then Gats and Hestia for 10%. With only 70m shares success in any one of these 5 will launch BOW northwards. Failure and they still will have a about $3m for next year.
BOW tanked on listing in May from 20 to 12 cents. It has been in...
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