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FORENT ENERGY LTD. V.FEN

"Forent Energy Ltd is an oil and gas exploration, development and production company with mineral rights holdings, reserves, and production in Alberta, Canada. The company does a production of oil reserves through development drilling on three core properties in south-central Alberta; Twining, Provost, and Wayne. The majority of Forent’s production is generated from these properties. The firm generates the majority of its revenue from Oil sales."


TSXV:FEN - Post by User

Bullboard Posts
Comment by Phonse47on Jan 18, 2013 12:43am
140 Views
Post# 20854744

RE: No Foundation Now.............................

RE: No Foundation Now.............................I appreciate this blog. It makes a lot of sense to me however, i believe forent would have had the benefit of preliminary drilling results. The 1,000,000.00 and growing deficit needed a resolution. The depth of experience and ability of both management and the directors leads me to believe there were alternative strategies on the table. The decision was made from a position of strength in my opinion. I also believe the language "forent is very excited about section 29 montgomery exploration" is clearly referencing a logical basis for thier excitement. I have read all of the forent news releases. They are all business, no pump! So, i see this statement as a clear signal, buy and hold. Thanks again for your insights.>
Bullboard Posts