GREY:CRVNF - Post by User
Comment by
jake1444on Aug 29, 2006 2:02am
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Post# 11286280
RE: US investers screwed
RE: US investers screwedManagement secured $25.87 per 2P reserve BOE and nearly $85,000 per flowing BOE. You call that bush league! Especially in this depressed NG market. Don't blame the company for investment decisions made on your behalf. People who invested at $13 and averaged down can only look at themselves for their decisions. We are adults here. You win some and you lose some. Management got a good price for the existing 2P assets. They maybe could have sold for more later, who knows?