Zargon Oil & Gas Ltd ZARFF

what a laugh

[ppp]

What a bunch of clowns. Sharholders wake up and kick these idiots out and sell the assets before there is nothing left. debentures tell the story here.

[Bonecreek2]

I could not agree more, pure lack of respect for the shareholders!

[stockfy]

you must have your head buried very deep in the sand, so you don't realize what's going on with WCS and light oil in Canada over the last days.... It's not a matter of ZAR or the CEO, it's the WCS and Light oil, stupid!   Your complaints should be to Justin Trudeau and the Liberals who damaged Canada's energy industry with their decisions and pipeline cancellations,

[ppp]

Oh, I know whats going on with canadian oil !!! Thats why these guys are morons for going to the bank and paying 11% to drill. He!! they don't have CF as we speak. Another make work project.

[ppp]

Actually they are not going to spend it on drilling they need it to keep the lights on. they are on the ropes here. I dont tink they can even pay the debenture interest.  As far as I am concerned the shares are worthless. I would trade them for the debentures if owned them. Good luck 

[pablo87]

Every independent oil stock has tanked with WCS.  Main culprits are the big integrated Canadian oil companies -  they don't care if local WCS prices are low because a) they have transportation locked up (they can arbitrage between the WCS price in Alberta and the WCS price at destination) and b) it lowers their refinery supply cost (so its 4 quarters for a dollar).  Worst

[ppp]

All I see is 6 directors just about a mil Gand A and F all to show for it. These guys been milking this cow long enough. Any one holding shares is a fool, Debentures trading at 50 cents on the dollar end of story.   

[pablo87]

You could say that about most BoDs, look at the value destruction at Altagas now THAT there is a top notch BoD. But the point is well taken, that's an easy SG&A to cut - reduce to 3 directors, $1 per year each.