Gordon Creek Energy Inc TBDYF

Dragging their feet. Why?

[sharktank401]

From what I can see on the recent MDA these guys, as experienced as they are,  are dragging their feet.  They are obligated contractually to complete 15 holes by year end, and yet they haven't finished the first 8.  They have 3 months to get the other 7 completed.  They have put off their completion program until early fall.  Again, why?  Is it PNG?  Are they consumed with negotiating more leases?  They have cash, yet they haven't started the other 7 wells.  They are staring at massive dilution in March with that $2.5 million payment in shares.  The only way this makes any sense is if the heel dragging is being done on purpose for reasons that we don't know, ie. a sale, as was previously suggested.  PS. If they were'nt drilling new wells, and the completion had been put off until early fall, why did they need $3 million in July?   hmmm.    Sharkey.