OTCPK:CRZNF - Post by User
Comment by
Czicfwillgetermiton Nov 21, 2013 10:37am
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Post# 21926938
RE:Time To Trim Overhead
RE:Time To Trim OverheadManagement seems to still be stuck in the ON position, still. Buying worthless dirt, drilling worthless dirt and acting like they have cash flow to pay the bills. The only real asset we have is prairee and every diluted share reduces its value. I recommend everyone send them an email or call and tell them to stop making dumb figi type investments. Get the reserves updated and go into low cost hibernation until prairee can be sold or partnered on great terms for shareholders.
I rather wait another 2-3 years with the company only spending 3-4 million a year at most in defense mode ass opposed to jumping into a horrible finance agreement that keeps us always broke.