GREY:AVNDF - Post by User
Comment by
Kingscourton Mar 05, 2013 7:51am
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Post# 21078626
RE: RE: RE: RE: RE: RE: RE: RE: RE: time to addres
RE: RE: RE: RE: RE: RE: RE: RE: RE: time to addres I would agree that there are a few inherent risks that come with investing in an oil and gas company, such as O&G price fluctuations, well reserves, depletion rates, currency fluctuations and even natural disasters. Management walking off with boat loads of cash for, as you put it, a failed performance, is not a risk, it's theft. The fact that CPP owned this stock is a slap in the face to every Canadian that plans on retiring. Fortunately for me, at least 33.3% of shareholders agree. It will be interesting to see what "amendments" they make to this agreement before the 26th. As far as forgetting the past goes, there is a famous quote by George Santayana that says: "Those who forget the past are condemned to repeat it" Good luck to you.