Bronco Energy Can't Meet Production Targets; Stock Drops [View article]
bronco's management stated 1.5 to 2.0 years ago that in one stretch of the First Nationss' Land they had license to that they could plant up to a 1,000 wells.
That drove the stock up to 11 Canadian. Obviously that well spred concentration is now comming at a higher cost not announced or understood with the previous announcement. Investors may find this stock attractive somewhere in here provided we no longer have big cost surprises and another re-write of the contract between Bronco and the Cree Nation.
Bronco Energy Can't Meet Production Targets; Stock Drops [View article]
That drove the stock up to 11 Canadian. Obviously that well spred concentration is now comming at a higher cost not announced or understood with the previous announcement.
Investors may find this stock attractive somewhere in here provided we no longer have big cost surprises and another re-write of the contract between Bronco and the Cree Nation.