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Boulder Energy Ltd. T.BXO



TSX:BXO - Post by User

Comment by cenderon Dec 08, 2015 7:37pm
128 Views
Post# 24367091

RE:RE:RE:Consider

RE:RE:RE:ConsiderThe only thing I would place blame on management is lack of 2016 hedging  , who knows what the dynamics were pre-split ... perhaps the granite people did not like the boulder people ,lol  ?  anyway  I stated  a month ago that boulder was shafted  , whether it was intentional to save half the company  or something else I do not know  but they are two very different oil fields .  Certainly not splitting in the first place would have kept boulder from where they find themselves now .  I am waiting now for the revised credit facility number before re-entering , maybe the banks give them a break  and only reduce it 10% ? - looking at other examples  from producers with high quality high netback oil they have had similar reductions .
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