RE:RE:Assets estimated at $2.70 per sharePinnacleX wrote: As of right now these ASSETS are worth 1.02, not 2.70. Since you are new to the market, let me tell you the market doesnt give a s### what this garbage managment team or anyone values them at.
Just keep on waiting and being "patient" and let the market take this down to 60 cents, as this incompetent managment team racks up debt and company turns into a gas only play. Since they have no money to drill for oil. Some Chinese company will come in and give you a 10 premium. This is just another LRE.TO
this garbage management team sold three petroleum companies: Rider, Meota Resources and Poco Petroleums ...they have great asset and all around are the "BIG" guy ready to buy.i agree it is a little bit of exaggeration at 2.7/share but 2-2.2 /share is the correct price .. my opinion