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Bullboard - Stock Discussion Forum 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... see more

TSXV:FEN - Post Discussion

FORENT ENERGY LTD. > twinning
View:
Post by Phonse47 on Sep 20, 2014 12:44pm

twinning

SP dissapointing at this time. Its seems considerably undervalued IMO. I hope we see some advancement following twinning optomization. 1 to 3 weeks should be some news on this front. Great time to add to position now.
Comment by Yajne on Sep 21, 2014 1:25am
Sure phonse..whatever you say... In the meantime, FEN continues to burn cash due to excessive G&A. You don't need 2 geologist VPs to optimize a few post holes...RW needs to "grow a set" and do the right thing.
Comment by Phonse47 on Sep 21, 2014 1:57am
i get your frustration, I am more disappointed than frustrated. i was fortunate to pick up some last year for a nickle, sell at 10 and buy into the PP at 8. i really thought 20 by now. however, i am long so sticking to the program. keep the faith Yajne, its still unfolding.
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