GREY:VFGGF - Post by User
Post by
bankerboy28on Jun 05, 2013 7:20pm
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Post# 21495307
6000 BOED is year end production.........
6000 BOED is year end production......... presentation on the website...2013 budget for 30-34 wells....another poster commented on the additional 10 million in credit facility and he is right on the money...banks do not give that kind of cash to companies without seeing a bright future for the company....
management obviously see that the price is way under what is reasonable value...price held up pretty well on a down day in the market...once stiffel is done selling and PRY starts to buys back 20,000,000 shares that should get the price to a more realistic value....I think management also have concerns that with the price so low that we become a very attractive takeover target...BB28