EXPM:EGRGF - Post by User
Comment by
Beabaggageon Sep 03, 2014 11:02am
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Post# 22901001
RE:RE:Easy solution to the distribution problem
RE:RE:Easy solution to the distribution problemIve seen worse buybacks look what Aurico did a few years ago w cash windfall from Ocampo sale, paid like 8.50sh now trading about 4.75.. I don't know where EGL think they are going to get "good buys" and "cheap" decent producing or prospective US oil to add, most trades have been at least $105K USboe, even CPG paid LTS that for the 3300 boe in CA yesterday for light oil. they should just buy Argent for $3CA lol.. at least Eagle is trading in the 5's, argent in the 2's these days. sad. pretty soon all three will trade like PLT.. they could do a SGL type merger of all three, that would really be a mess like SGL... glta. Bea