RE:CEO...is responsible for Action in the markets..period!!TheLandedEagles wrote: Its not solely manipulation as you call it...CEO had stated on the weekly update of Feb 2rd...said they were going to perforate lower zones over that week end...which they didnt do...and then on Feb 9th update no mention of any problems with lack of equipment needed and goes on saying with further activities that they are too perforate lower gas intervals and complete that test ..and hand it over to the production operator...period, thats the facts....now we learn today tthey lack the required equiment and are waiting for that equipment to arrive...timeframe unknown...so they move on...GOT IT...during the last week and a half however, stock price has been selling off with substantial volume behind it.. CEO had known about that equipment a while ago as did many market paricpates, in my opinon. Yesterday, someone new something, before us all shareholders....thats the point. Todays news release should have been released last week at some point...CEO, is responsible...and should be held accountable...its all about market perception and thats why we have a sell off.... it was unexpected!!!!...so now markets need to wait a little while longer for testing....well the markets dont like this type of discloser with insider leaks and is normal, reacting in this matter and rightly so....thats the free market reaction ...nothing to do with how much you like CEO or whether you think CEO is doing a great job or not...this is a speculative stock play and as such needs complete honesty and transparentcy...CEO is altimately responsible ....Leaks are never good or talorated...this is now suggesting that CEO failed to advise all the shareshares at the same time and release the known facts and delays immediately upon knowing and not holding back until a week or so later...as a shareholder, I hold him CEO responsible...thats my opinion and my prerogative...in the last week or so , hugh daily volume traded in a total sell off of 47mm+ todays volume shares bringing stock price to a low of .31 cents today.....so you think no one new in advance of todays news release delay...I DONT THINK SO.....so Im out today with over 500,00 shares at .355 cents....and thank you all for buying them...CEO has personally let me down...I dont trust anyone in this game. Soon, wouldnt be surprised CEO does another PRIVATE PLACEMENT...in looking at their last quarterly financials CASH on hand is much much less than I expected, I believe around $13mm CDN....not much to complete their phase 1 drilling program...even with the anticipated monthly revenues coming in...remember they raised over 42mm CDN in their last equity financing and now they are left with only $13mm...well, it doesnt cut it with me...they will require alot more funding, regardless of CEO saying they are fullly funded and wont need to do equity financing again...I now dont believe CEO, he will require more funding in my opinion....these holes are very expensive and the monthly revenues arent enough in my opinion...just look at how much they went through of the $42mm CDN , now only having $13mm left....CEO has alot to explain...do think the company does have a longer term future, not sure at what price....good luck to all...my opinion only!!..looking for stock price to settle around .25 cents within the next 30 or so days...we wont hear any news on flows rate for both wells until at least 30 days from now...Oh well, happy trading...
Fair well, farewell, watch the door on your way out. Now surprise us and don't post any bashing posts trying to drive it down. YAWN.