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Citation Resources Inc V.CTT



TSXV:CTT - Post by User

Bullboard Posts
Comment by noah33on May 19, 2007 9:08pm
312 Views
Post# 12810831

RE: thoughts ???....

RE: thoughts ???....The comany has not met up to what they indicated they were going to try to do within certain time frames based on their news releases. Natural gas prices along with oil prices are very strong. The company shows their assets at a certain value on their latest balance sheet if this information is correct then the assets have the values indicated or the auditors or the company would review them one would think. It also seems the company may have issued long term options to senior management at 50 cents per share, if this is correct then possibly the directors and senior management feel they can turn the company around. It would be helpfull the if the company could send out a news release advising shareholders where the company stands re debt and restructuring efforts.
Bullboard Posts