RE:RE:RE:RE:RE:Not Too BadThe entire oil patch in Calgary would like to see them go. However, he is an aggressive person and has never capitulated in his endeavours. Remember it was this group that Fracked the first Bakken in Sask. and sold Bison Resources resulting in huge gains. Mission Oil followed with great success.
Three points to make: 1) management is here to stay. These people are oil patch vets and highly respected. 2) noncore assets may be sold off to counter debt issues or as the latest noise suggest the entire company sold to CPG for $5 per share. 3) the Pinto/Taylorton oil pool has now proven to be a major company maker. $100 million of capital will be directed towards drilling. This pool alone will increase the SP to $5 this year.
Either way folks the SP will hit $5 with or without management. I will make $300,000 this year. So far $11,000.
Enjoy and or the record JMHO.