GREY:LSTMF - Post by User
Comment by
Darwynon Aug 07, 2014 3:12pm
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Post# 22819216
RE:RE:Q2 Results
RE:RE:Q2 ResultsThis management group top to bottom continues to be a joke ! They have continued to demonstrate how poor operaters they really are. No one is following them or believes them as evidenced by quarterly cc's. Pretty hard to bring in new investors when you have taken the share price from $ 35 to $ 6.30, production is down from 45 M BPOED in the beginning to approx 39 M currently, debt has doubled, div cut in half. Which part of this can be defended as part of JW 's legacy of creating value. How can the BOD's acting in good governace, continue to allow this travesty. So sad with officers getting top shelf compensation and shareholders continue to receive fourth quartile results.I call on the BOD to immediately launch a strategic review to consider all options as management shows no ability to get the job done.