GREY:VFGGF - Post by User
Comment by
bargnhillbillyon Aug 28, 2014 6:49pm
151 Views
Post# 22887977
RE:RE:RE:RE:The "Nothing is New" news is out
RE:RE:RE:RE:The "Nothing is New" news is out
ofirme, What is your take on the no news nonevent? Pinecrest really missed the boat here in my opinion. 1. Have they talked to creditors to keep their line of credit intact? If our credit line gets cut we are really screwed. 2. How low does the debt have to go before drilling is resumed? 3. Is any J/V drilling or partnering being considered during this reevaluation time? 4. Pinecrest could have mentioned ANYTHING going on behind the scenes but chose to keep silent. It makes management look worse than they really are. If that's even possible! Unless they come out with something, I think a new low is on its way. All in my opinion.