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Azabache Energy Inc V.AZA


Primary Symbol: AZBCF

Azabache Energy Inc is a Canada based exploration company. It engaged in exploring oil and gas exploration opportunities in South America, primarily in Argentina and Colombia.


EXPM:AZBCF - Post by User

Bullboard Posts
Comment by Terry31on Jun 10, 2014 8:59am
127 Views
Post# 22644873

RE:RE:share issuance at .13? There must be inside info here!

RE:RE:share issuance at .13? There must be inside info here!
What then is your theory as to why they would issue options to buy shares at double the current market price. There must be a reason for doing so!

It is true you can't buy this many on the open market but to double the market price doesn't make sense unless you know something about the long term future.

They are trying to incentivize their people so why appear to insult  them.

I think they are aware of a major they are beginnig to talk to to either buy them out or do a jv. 


Bullboard Posts