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ENHANCED OIL RESOURCES INC. V.EOR

"Enhanced Oil Resources Inc is a natural resource company. The Company through its subsidiaries is engaged in the acquisition, development, operation and exploration of crude oil and natural gas properties in the Permian Basin in eastern New Mexico."


TSXV:EOR - Post by User

Comment by Yemenon Sep 27, 2012 3:15pm
84 Views
Post# 20421798

RE: WHY WHY WHY

RE: WHY WHY WHY

Another Why might be because this individual bought at much higher levels, he may feel that he needs a tax write off.  the markets have been doing very well over the last 10 months and capital gains may have become a problem.  Rather than checking with mgmt, the seller may be just selling to take care of a cap gain problem.  Just a guess, but knowing what is in store here or at least having a good idea, it is the EOR buyers who will have the cap gain problem next year.

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