Crew Energy Inc T.CR

Let's not kid ourselves

[Cheadle12]

It's not Dales decision.. if the funds that hold Crew decide they want to see a merger to unlock value, it'll happen.   There will be a tiny premium at best.

Painted Pony Shareholders know this all too well.. so no, I don't believe in the 'stock price will take care of itself'.. 

MGMT needs to get on it, sell some assets, PAY OFF debt vs. just GROWING INTO DEBT.

Commodity prices drop?  Then D/CF = 8x again and it's game over.

[gonatgasgo]

You and I, and many others on this board, are saying the same thing.  I hope someone at Crew monitors this Stockhouse Board.

[BeatTheOddsSqua]

Cheadle from the appearence of Dale and John it appears that the stress of the past two years has taken a toll on both of them. I think the drop to $0.15 / share must have rocked them pretty hard. The current environment is an ideal chance for them to exit with high comodity pricing and the looming LNG project, I believe there would be multiple suitors. The two year plan is a great showcase of

[Cheadle12]

I agree BTOS, its clear this stress has taken its toll on these poor guys. Victoria was probably thinking "nope hard pass, these two salty execs look too frazzled, I'm going to cast my eyes over in the direction of that handsome Cheadle over there". Jest aside, I now think it's best to either: 1)  Sell off the assets, even at a lower price to lean down to the two core

[Whocares2020]

been thinking of this alot.  is crew just window dressing...... 2 year plan, with what I believe is showcasing their reserves and economics. And arguably just about to enter a "friendlier" nat gas market than we have seen in the last few years....

[BeatTheOddsSqua]

Bingo!

[BeatTheOddsSqua]

Cheadle if your looks match your ego and online magnetism, it was an easy choice for Victoria. 

[Cheadle12]

Thanks BTOS, I tend to agree..  I certainly piqued her interest.

[integrity11]

I agree totally with your post Mr Cheadle except one number. Dale and his team would not take $1.80. I think anything under a $2 is a non starter unless of course it is a hostile takeover by Cnq which would likely be close to your $1.80.  I think because of the relatively small share float we would be looking at double the current share price for any takeover other than by Cnq (who

[Cheadle12]

With the asset base pruned down, and development at the remaining Groundbirch & Septimus, it's a $4 stock organically.. $6-7 with a buy out for sure. I think they could get there early, but they need to sell off some assets.

[Oldnagger]

Insiders own 12% of this company, They realize the long term potential. Best thing would be for posters to recognize that potential and to be happy that they can still get in at confiscatory share prices !!. Dont look at present or past cashflows , look at the tremendous increase in PDP value as drilling and completion operations proceed. PDP is money in the bank, and it can currently pay down