EXPM:EGRGF - Post by User
Comment by
gvixidon Jun 12, 2017 4:48pm
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Post# 26354150
RE:I am glad I voted Blue!!!
RE:I am glad I voted Blue!!!Scottie - I just look ed at the presentation and I have to agree with you. It's well doe and explains clearly how the Challegers' pla is superior to that of current management.
I am covinced that EGL will disappear in 12-24 months if it continues on it curret path. High debt is a company killer, and there are many other junior O&Gs that can be cited as proof of this point.
I'd rather a smaller EGL, more focused in either Canada or the US, with lower debt and a healthy balance sheet, that the bloated turkey operating now.
Sahre prcie will go up if assets are sold. And we end up merging with another company, so be it. Our properties are high quality and the market will reflect this in any transaction.
Go blue!