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Rooster Energy PRBEQ

"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."


GREY:PRBEQ - Post by User

Comment by Burnermanon May 18, 2016 8:52pm
78 Views
Post# 24886925

RE:K2 Principle Fund owns 20 million COQ shares

RE:K2 Principle Fund owns 20 million COQ sharesIf this was the case just how would they go about doing that?  Most of us have an average cost above 7 cents. Out of just over 1600 rigs in 2014 there is less than 318 left. If oil can breach the $50 mark within the next week or so would there be any reason for them to not get financing?  Chet put this company together with a vision but even he would not have believed that Obummer would have let Irans oil into play. They made it this far plus they have the decommissioning to bring in funds during the interim. I would add to my substantial position but that same last paragraph was mentioned again. Why mention positive future comments and at the end throw in a full blown negative. Do they mention this on purpose and if so why would any company want their stock price this low?    Thoughts anyone ?         GLTA
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