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Bullboard - Stock Discussion Forum Zargon Oil & Gas Ltd ZARFF

Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin... see more

Bullboard (GREY:ZARFF)

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Comment by rad10on Dec 13, 2019 6:45pm

RE:is rad10 still here?

I was more impressed with Newport than Gear. I really like the idea of the royalty stream and the market pricing down under. Had a good call with Beach Energy regarding their plans for the Cooper ...more  
Post by ResourcefulGuyon Dec 13, 2019 4:40pm

is rad10 still here?

I got the clown on ignore... but... NWX is a rocket ship I is making money on NWX poor zar is still a dog I see Poor dummys can not learn... whaaaaahhaaaa you cannot learn!  really... you ...more  
Post by ResourcefulGuyon Dec 10, 2019 11:03am

this is rubbish and....

only for dimwits that are down 99% already poor stupid investors that own this junk look at the owners that posts here, the dumbest of the dumb
Comment by pablo87on Dec 10, 2019 10:01am

RE:RE:RE:RE:RE:CH buying!?

Rad, I don't think they've completed the recapitalization yet. Risky for sure thus the discount.
Comment by rad10on Dec 10, 2019 9:27am

RE:RE:RE:RE:CH buying!?

Pablo I lost my taste for smallcap canadian O&G junk bond investing!  With the pullback in preferred shares  - you can get 7% on quality names like husky and bell canada.  Quality ...more  
Comment by pablo87on Dec 09, 2019 7:07pm

RE:RE:RE:CH buying!?

Rad, we start to see a few transactions where there is significant ARO (ex Paramount asset sale to BNP). I do have faith CH will do his best but how much will be deducted for ARO by the buyer/merge ...more  
Comment by rad10on Dec 09, 2019 10:32am

RE:RE:CH buying!?

Well good luck to CH. He certainly threw Deb holders under a bus.  Interesting to see what deal he has up his sleeve. As the poster Rolling / resourceful / ilovemoney points out repeatedly ...more  
Post by ResourcefulGuyon Dec 05, 2019 1:20pm

reclamation costs hold it back

making it really almost worthless... but ??? the value couild be here. $60 mill at least in well rehabs costs if given over thru bankruptcy... so many inactive well bores.  hell that is $3 a ...more  
Comment by sherif1973on Dec 03, 2019 9:05pm

RE:dead man walking

Hm...totally weird indeed! However, as long as you'll be contributing into this bullboard it appears there is still some value left...so keep it going and it keeps the little hope alive. 
Post by Theconsortmanon Nov 27, 2019 2:45pm

dead man walking

How is this still alive?
Comment by pablo87on Nov 26, 2019 9:56pm

RE:CH buying!?

365,000 shares so far in November (I may have inadvertently sold him 1/3 of it) or 1.6% of O/S. Never did that in the recent past as far as I know. The intrinsic value of the company is at least $1.00 ...more  
Comment by pablo87on Nov 26, 2019 9:20pm

RE:CH buying!?

Reading between the lines of page 5 of the presentation I'm wondering if a "business combination" deal is in the works and part of the process is to get the 2/3 they need to get it done  ...more  
Post by sherif1973on Nov 20, 2019 8:32pm

CH buying!?

C.H. has been buying this recent dip. At least a little tiny bit of positive news in all of the doom and gloom.  WCS suffering again due to CN strike. 
Post by pablo87on Nov 13, 2019 9:17pm

Q3 #s and presentation are out

Worth a read. Negative $1M cashflow partially due to lower WCS. Also, they changed strategy. They are focused on a business combination it seems and because of this, are spending money to reduce the ...more  
Comment by pablo87on Nov 04, 2019 9:18pm

RE:Why is this so expensive

With WCS down due to pipeline leak, its headed in that direction . Dumbest investment I ever made.
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