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Fresh Tracks Therapeutics Inc V.BBI


Primary Symbol: FRTX

Fresh Tracks Therapeutics, Inc. is not engaged in any business activities. The Company is in the process of dissolution.


PINL:FRTX - Post by User

Comment by RTPisinyofaceon Oct 15, 2016 1:32am
290 Views
Post# 25346480

RE:RE:RE:RE:Investor Tour/production dates

RE:RE:RE:RE:Investor Tour/production datesLucasKnight to the rescue! I had a feeling I would hear from the defender of this board and its people. I never questioned BBI in the 13 cent range. If you must know, I was a buyer at 19 and a seller at 30. Regardless, what I DO question is a how a company with ZERO production is worth 250mill (EV fully diluted as options and warrents are actually in the money). Even if you give them 4000bbls per day as an average for their first quarter as an actual procucer (which is extremely generous) that equates to 64k per boe. Sorry to ruin the cheerleading with a little dose of reality, but there are numerous montney producers working similar areas (Kakwa/Gold Creek/Karr) as your beloved BBI, with way more flowing bbls (ie cash flow) for much better valuations. Ill stop with the rants, just tired of puking from all the butterflies and rainbows. Happy days to all!


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