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Silk Energy Ltd SLKEF

Financial Services Credit Services
Silk Energy Limited is a Canada-based resource company. The Company acquires undervalued oil and gas assets in Kazakhstan. The Company, through its subsidiaries, owns a 50% interest in the KMG Ustyurt license (Ustyurt). The Company focuses on exploring and developing Ustyurt, an onshore oil and gas concession comprising approximately 6,500 square kilometers in the Caspian Sea region of the Republic of Kazakhstan.


GREY:SLKEF - Post by User

Silk Energy Ltd
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Comment by rocksolid47on Apr 27, 2010 10:37am
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Post# 17034858

RE: Stars & Dogs

RE: Stars & Dogs

Trailorparkboy

Excellent point trailorparkboy. They don’t want to talk about debt because it is what seriously wounded LBE in the first place. It is also what will kill it slowly as LBE doesn’t pay off Jilin Jien and that debt gets converted to equity. It’s too bad for shareholders. It would be better just to get it over with rather than drag it out for a few more quarters before the inevitable.

Rocksolid

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Dealroom for high-potential pre-IPO opportunities
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