GREY:CLLZF - Post by User
Comment by
planet51aon Mar 16, 2012 10:44am
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Post# 19680375
RE: RE: Y/E results
RE: RE: Y/E results I agree the skeletons are all out of the closet after the CFO Richard Kines leaves, and the press release statement by the previous CEO was probably the result of his demize, to rosy and very misleading considering the results, but we have been used to these gusella statements, as always there are some positives in the release, production has held steady and the solvent assisted steam seems to be proving out, very little mention of the conventional light oil Horizontal play in the cardium, where the previous CEO spent a bundle of cash are they on production? doesn't look like it from the the totals listed, will have to have a closer look at the financials, I would think a few lawyers are taking a closer look after the positive press release stating publicly that the Q4 numbers looked very good and looking for value recognition in 2012. My opinion is they are still trying to steer this into a bargain hunters take-over and the way they are being closed lipped leads into the situation that they have created. I would imagine that it will soon be announced that Borland will be Chairman of the board and Ogle will be thanked for his service and asked to leave. Silver Willow here we come.
All just my opinion
Planet