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Apr. 19, 2013, 10:46 AMShares of Octagon 88 Resources (OCTX.OB -25.3%) plunge, apparently after negative comments from short seller Infitailis, who calls the company a "scam" that "will be at $1 or less when the Feds storm the Cayman Islands." OCTX Wednesday announced a new drilling program targeting the Red Earth area of Alberta. | 3 Comments
OCTX vs. ETF Alternatives
In 2012 / 2013 Octagon 88 Resources, Inc. acquired substantial light and conventional heavy oil assets in Northern Alberta. The acquired projects have been substantially de-risked which leads the company to emerge as a development stage oil and gas company as of January 22, 2013. The company's... More
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