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Zargon Oil & Gas Ltd ZARFF

Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin projects.


GREY:ZARFF - Post by User

Bullboard Posts
Post by red911on Dec 18, 2016 7:43pm
180 Views
Post# 25617177

Tax Pools...

Tax Pools..."Zargon holds ~$187 million of high quality tax pools (September 30, 2016), including $129 million of non-capital losses" Enormous value here from tax pools alone rarely factored into valuations. Simple refinancing of capital structure here would likely unlock serious value for investors. Speculate a pop after tax selling season is over.
Bullboard Posts