Rooster Energy PRBEQ

Energy

"Rooster Energy Ltd is an oil and natural gas exploration and production company which is engaged in the acquisition, development, and exploration of petroleum and natural gas and the delivery of well intervention services. It provides plugging and abandonment services in the Gulf of Mexico. The company operates through Oil and natural gas, and Well services segment."

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Rooster Energy

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Comment by Roverthingon Sep 11, 2015 9:17am

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Post# 24095534

RE:RE:RE:RE:RE:Flippers....

All the insiders of the company have paid much more than 0.02 (per share) for their own shares. So it would be a shame and a non-sense for them to accept just 0.02 per share. Anyway a such transaction at 0.02 would probably not be accepted by the TSX which is very strict. A transaction at 0.20 would be more likely to happen. And the company is not in a very bad situation right now, they have a lot of work (and contracts) and the next results will probably look better than the last ones. The price of crude oil will probably rebound significantly soon. The company has an excellent credit line (limit) if needed. I am not worried at all about that and I continue to load up here. Do your own dd. Buy low and sell high! IMO GLTA

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