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FORENT ENERGY LTD. V.FEN

"Forent Energy Ltd is an oil and gas exploration, development and production company with mineral rights holdings, reserves, and production in Alberta, Canada. The company does a production of oil reserves through development drilling on three core properties in south-central Alberta; Twining, Provost, and Wayne. The majority of Forent’s production is generated from these properties. The firm generates the majority of its revenue from Oil sales."


TSXV:FEN - Post by User

Bullboard Posts
Comment by hl7ton Apr 26, 2012 1:54pm
104 Views
Post# 19839842

RE: RE: The great TD selloff of 2012

RE: RE: The great TD selloff of 2012

don't forget the flow-thru shares were bought at I think .14 cents,so his after -tax cost is around .11 cents depending on his own tax bracket.selling at these levels mean nothing to him because he got what he wanted by lowering his tax bracket so he's happy and really does not care about fen's fortunes.

I have bought a few flow-thru's in the past and that was always my investment strategy.By the way I made money on everyone because of the tax feature.I didn't care that they went up after I sold them because I got what I wanted-tax breaks.

Bullboard Posts