Bullboard - Stock Discussion Forum TAG Oil Ltd. V.TAO

Alternate Symbol(s): TAOIF

Energy Oil & Gas E&P

TAG Oil Ltd. is a Canadian-based international oil and gas exploration company. The Company is focused on oil and gas exploration and development opportunities in the Middle East and North Africa (MENA). In the Western Desert of Egypt, it is developing the unconventional heavy oil Abu Roash F (ARF) formation in the Badr oil field (BED-1). It holds an interest in the Badr Oil Field (BED-1), a 26... see more

TSXV:TAO - Post Discussion

TAG Oil Ltd. > Extraordinary G&A

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Post by victorysquare on Dec 21, 2020 5:20pm

Extraordinary G&A

Can someone explain why TAG's G&A is extraordinarly high for a company with no operations?

Owning TAG could be compared to owning a negative yielding junk bond.

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Comment by Dave4444 on Dec 21, 2020 10:00pm

Your stupidity keeps showing, the quarterly statement is for the period ended Sept. 30, 2020 a time when TAO still had operations and in fact, had extra expenses related to negotiating they sale of those operations. Since you apparently are to lazy to actually read through the entire financial statement and find this out, here is the note: "On September 25, 2019, the Company ...more

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Comment by victorysquare on Dec 22, 2020 9:07am

Dave get real and stop telling tall tales. you lied about making 45x your money and said Abby is 69 when he is actually well into his 70's The G & A is excessively high for a company with no operations. The G & A should be half the amount and would still be too high. The stock price says it all.

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Comment by Dave4444 on Dec 22, 2020 12:24pm

Hey, are you D. Trump in real life, ignoring the facts, telling lies and providing no proof, or did you just take lessons from him. Repeating your lies multiple times does not make them true.

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