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arc energy comeback!

  1. jembsb

    2,283 posts.
    ARC Energy has just broken out of it's little slump in the afternoon trading session. Up to 89c. A great result. I think it was looking quite bleak for Arc in recent days, seems investors were losing faith in their 7 well drilling project, with the possibility of 3 dry holes in a row sending people running.

    I think this rally is showing there is something good coming from the 3rd well, due to report on Thursday.

    Any views on this?

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