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Bullboard - Stock Discussion Forum Petro One Energy Corp CUDBF

GREY:CUDBF - Post Discussion

Petro One Energy Corp > The severe drop in the stock price is due to sloppy
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Post by stockeditor on May 31, 2015 8:22pm

The severe drop in the stock price is due to sloppy

management. It also sets up an opportunity to raise more cash, management loves to raise money when the stock is super low, look what they did with GSR Ouch. They follow the dictum, look after yourself and all that follows will smell like roses.
Comment by Tornado69 on Jun 01, 2015 12:28am
ya it has nothing to do with oil dropping 50% in price and juniors in a bear market. Ya they f***ed up with GSR it's only up 400% this year even before drilling. I guess you would just let the company run out of money and delist with a gold district property with the potential of a lifetime. You just mad you never backed up the truck on GSR at .05-.10 cents like some of us did ? It's ...more  
Comment by coolwm082 on Jun 01, 2015 10:54am
How much of the price spike was due to Sprott’s name?  And I agree, the Venture market especially mining/oil stocks are ground into the dirt by short sellers and tired investors watching the US markets double every few years.  Raising money is impossible so when companies raise capital people notice and prices move higher.  It is not management’s fault that shares were trading were ...more  
Comment by stockeditor on Jun 02, 2015 10:10am
Terrence King has a closet full of clothes, that are worth more than six cents a share. We are hitting bottom, so we should see a financing soon a la GSR. OUCH!!
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