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Zargon Oil & Gas Ltd T.ZAR


Primary Symbol: ZARFF

Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin projects.


GREY:ZARFF - Post by User

Comment by PetroExploreron Mar 29, 2019 7:14pm
56 Views
Post# 29556953

RE:Petroexplorer

RE:PetroexplorerFearnot, Rad10, I am still around.  I can't worry too much about my Zargon Debenture investment, now that it is in the form of depressed shares.  Unfortunately, I have too many similar depressed shares, at the present time.

It is encouraging that the WCS price is higher than it was, a year ago.  And of course it is way higher than it was in November, when the whole industry was collapsing.  Hopefully we will see things improving, and the stock price moving up, as the entire market starts to respect these oil and gas stocks.

Obviously we disagreed on the tactics taken.  I didn't want to mess around too much, with a potential bankruptcy.  A quick transfer of almost all the value in the company, to the Debenture Holders, was good enough for me.  Then the hope that oil prices can increase, and we can see some benefit.

But one thing we do agree on: Rollindough is a complete moron!  A guy who spends his life picking on small-cap stocks, that have been beaten down to nothing, really needs to get a life!

I don't mind keeping an eye on him, and keeping him in line, whenever he starts to act up.  We'll just have to have a thick skin, to take the blows from this cyber-bully.
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