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Gastem Inc GTMIF

Gastem Inc is a Quebec-based oil and gas exploration and development company. Its main focus is to develop commercial production of the Utica Shale formations in Quebec and New York State as well as exploring the world-class potential conventional structures of the Magdalen Islands and the Magdalen Basin in Quebec. The company's operations include Yamaska Property, St Jean Block, Joly Property, US Appalachia, and the Gulf of St Lawrence.


GREY:GTMIF - Post by User

Bullboard Posts
Post by buxtondudeon Aug 06, 2010 12:07pm
494 Views
Post# 17328246

Poor management here

Poor management hereGMR is issuing shares on a regular basis, what are they aiming for,  over 1 billion shares like McDonald.
For owning shares and following this company for more than 4 years now, I believe that nothing good is going to come out of GMR, even if the Utica hold it's promises.   GMR has been spending and spending all this time and we yet have to get ONE RESULT of all this drilling and spending.    I will stick with PCQ and ATI, they aren't doing much but at least they are not diluting stockholders values months after months after months. 
Bullboard Posts