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Charles Taylor Group Plc V.MQL


Primary Symbol: CHTYF

Marquee Energy Ltd is a Canada-based company. It is engaged in the acquisition, exploration, development, and production of oil and natural gas. The company receives maximum revenue from oil and natural gas sales. The company's core operations are in Michichi area.


GREY:CHTYF - Post by User

Comment by roscoe74on Aug 14, 2016 1:15pm
385 Views
Post# 25140261

RE:Have faith

RE:Have faith
ecolo101 wrote: According to my sources it will good for both companies and all shareholders. It is time to believe in Richard as he is one of the best CEO in the junior gas sector.
i am a shareholder and I own this stock big time.
dyodd
glta

Thank you Mrs. Thompson. While I commend your enthusiasm, the mechanics of negotiating in this environment (described in the Q1 as challenging for both debt and equity), leads one to suggest the resulting deal will require a leap of faith on the part of investors..............Marquee expects its credit line to be materially reduced due to both market conditions and dispositions. The fact that they have not released the credit review results in the last 2 1/2 months independently of a complementary financial arrangement means their options outside of a deal are non-existent..........The logical explanation for this strange halt is fear of leaks before the deal is done. Since leaks that lose money for the inside traders are not considered beneficial, one can assume the news when presented will embody a certain opportunity, going forward. That opportunity will likely include a credit reprieve, funding for drilling, increased future cf and dilution, all around.
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