GREY:ROAOF - Post by User
Comment by
Barrheadon Jan 05, 2009 9:40am
532 Views
Post# 15681983
RE: Latest from Orelia
RE: Latest from OreliaThank you Panda123 for making the time and taking the risk of posting such information. It is very useful for investors as they can see first hand that the work out in the field is ongoing and should be the strongest indicator that Oilexco is a very long ways from going bust or folding up their projects. Usually it is the work in the field that stops before any major downsizing or a reduction in the field operations.
The apparent Expediated process of delisting IMO means next to nothing and a mere formality if and when a company falls below the $1.00 mark on the TSE. Even that is probalby just an indicator as there are many stocks o the TSE that are below that price and it is just a matter of who or what is known to keep the company on the main trading board.
Regardzzz......................Barrhead