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Deer Horn Capital ntg lux international frontier

Donnycreek Energy Inc DCK.v C$.80

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By Bobwins

Posted: Tuesday May 8 12:02:41AM 2012

Waited until the end of the day and got filled at C$.73. Might nibble a bit more but got a good chunk of DCK.v. Price dropped from the peak of .80 early in the day but I think it will improve as we move towards production in fall 2012. If they hit on their second well, the value of this acreage will move up substantially. There is a potential for 128 gross(64 net) Montney wells on their 16 sections.

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