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Energulf Resources Inc. ENGFF

Energulf Resources Inc is an oil and gas exploration company. Along with its subsidiaries, the company acquires and develops oil and gas projects in the Gulf of Mexico in Africa and Albania. The company's assets are located in Canada, Namibia, Albania and the Democratic Republic of Congo. Majority of the revenue is derived from the properties in Canada.


GREY:ENGFF - Post by User

Bullboard Posts
Comment by molmanon Apr 02, 2009 12:20am
366 Views
Post# 15890148

RE: RE: The new exercise price

RE: RE: The new exercise priceThis repricing of the options is ridiculous.  The warrant holders get an extention, but they leave the price at $1.35.   The warrant holders are the ones who put up the money to pay for the drilling in the first place.

This tells me that the price is going nowhere fast.

 I hope the shareholders have the votes to vote this down!  I, for one, am voting NO!

The nerve of these guys. 

I am really fed up with the Canadian venture market. 

All these shananigans and no news to boot.
Bullboard Posts