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Second Wave Petroleum Inc SCSZF

Energy Oil & Gas E&P


GREY:SCSZF - Post by User

Second Wave Petroleum Inc > 2P Reserves Report, fat chance
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Comment by LexiOilon Jan 31, 2013 4:08pm
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Post# 20919984

RE: RE: RE: 2P Reserves Report, fat chance

RE: RE: RE: 2P Reserves Report, fat chance

You seem to have plenty of knowledge about the company, buybacks etc.  One point missed is not the POTENTAIL production, but the liquidity of the company.  Right now they need cash to further expand, and money is tight.  Wondering if they are using up the LOC, how many options they are issuing and how much stock they are issuing.

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