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AvenEx Energy Corp AVNDF



GREY:AVNDF - Post by User

Comment by poneon Dec 20, 2012 12:03pm
202 Views
Post# 20756141

RE: RE: RE: This is the way I see it

RE: RE: RE: This is the way I see it

Jacek99, if we sell Elbow River and do NOT sell Avenex, then Avenex has $80M to help buffer losses from oil and gas.    Give $40M to shareholders immediately.  Then sell off the remaining assets   Add that to the other $40M and shut the doors.

 

What this merger really says is that Avenex's oil and gas assets had little value to anyone.   What those companies "bought" was our cash!!!  Pathetic.

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