Eaglewood Energy Inc EWDYF

EWD was always about being bought out

[hockey123]

My understanding of EWD's  objective from the beginning as a "Junior " energy company, was they would eventually be taken out by a "Major", considering their successful stakes that they own in PNG; does any one know if we are getting closer to this objective? With the present share price, I don't think it represents the true value of EWD even considering the state of the venture markets.

Can anyone contribute to the real value or price of EWD should there be an offer or aquisition?
What are we worth?

thanks and Happy New Year to all EWD shareholders.

[Nukey]

For all the good psotitioning this companyy has done, it still boggles my mind on how little interest their is in the story. Which then leads me to beleive that perhaps the story is not as good as originally thought. My visions of grandeur on EWD are long gone and I hope for a little bump from current prices to move on more or less unscathed.

[hockey123]

Hey Nukey, I think EWD has lost it's luster for two reasons, first, nothing seems to happen very quickly in PNG. The PNG  government takes forever to get things done. Secondly, EWD could have done a better job of keeping their shareholders up to date on some of the day to day positive operations or developements. EWD has much more going for them today than when the stock was $1.50 a