GREY:PRBEQ - Post by User
Comment by
Burnermanon Jul 06, 2016 7:29pm
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Post# 25029677
RE:RE:RE:RE:no news
RE:RE:RE:RE:no newsI am hoping you are right. Every oil stock I owned has went bankrupt except for EGL and COQ. I thought this one was safe and I am now questioning COQ. They gave us a deadline and we are now past it with no information. I have sent them an email and received the fastest reply ever. Within 48 hours. All Gary said is that information about the company and its finances will be provided in accordance with Canadian securities laws. So we all will be in limbo until they decide to supply us with information. It's a guessing game right now. The positives are that oil is almost double from the last quarter and the backlog of decommissioning will continue to give them revenue. The negative is that rediculous clause they put in twice that bothers all of us about financing. I am on the fence. If I sell I will lose over $55,000. If I keep it and they go bankrupt I lose it all and I myself will more than likely follow suit. For those of you thinking about getting in the stock market. Do NOT do what I did. I always thought positive and have been bitten. Do not invest money you CANNOT afford to lose! GLTA