OTCPK:WSRLF - Post by User
Post by
Inveskingon Feb 23, 2011 8:03pm
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Post# 18183925
Pyss Poor Management
Pyss Poor ManagementManagement is not a friend to the 'average investor' that stuck this train wreck out for the past years...
Its an 'investor is damned if they do- damned if they don't' scenario here...
If they have hit oil in the sidetrack... why are they financing now, at 0.50,... when they could have potentially financed at a much higher price... so, for $50 million, add another 100 million shares to the float...
Why should Scotia and TD be getting all of the insider info on the sidetrack?? To give $50 million, they would have to had been told something... And why? Scotia and TD have been the azzhole houses that have been f'ing around with the shareprice of this dogg for the past 'i don't know how long'...
Its good that they can still, after constant mismanagement and complete failure to achieve on ALL fronts, get anyone to finance them, especially this much money, but come on,...
How unscrupulous... if they have good news pending, which is what would have been required to get this money after the constant failures... then why should Scotia and TD get that news before the average investor that stuck it out through thin and thin... and thin...? And why not finance at a higher price?
Good luck.