RE:RE:RE:RE:RE:RE:RE:RE:RE:we need senior management changeI used to follow that board actually and as I see it Ward ran that company into the ground over years of mismanagement. The shares were around 60 cents or something like that IIRC by the time CNQ swooped in. I wouldn't judge CNQs tactics as despicable, more like opportunistic. They took out the weakest "prey" in the herd of small cap gas to the benefit of their shareholders with almost perfect timing. That's what I'd like to see SU management do.
Oldnagger wrote: As to the rake-over of Painted Pony shareholders by CNQ, I would merely like to comment that I am encouraged by the fact that Suncor did not indulge in the same despicable tactics as CNQ. For details go to the painted pony stockhouse BB. A truly tragic tale of greed on the part of CNQ , Pony's president (who left with a golden parachute ) and collusion by the Canadian banks (particularly TD )
IMO