RE:RE:RE:RE:RE:RE:RE:At least they drilled a wella couple of year back when i first started reading this board someone said they took out a 2nd mortgage on their home to buy more vle-i honestly hope it pays off for him but he has to be feeling uneasy if he still owns
these boards are supposed to be to discuss a stock-if a company is underpreforming bad-someone should be able to state that without being told to sell-the company is worth less today-than what they paid to buy into tbgn 6 yr back-how much money has gone into the company in those 6 years-the chart is dismal-compare it to the only other small Canadian company working nearby-they constantly miss their own goals-the mgt team had its 2015 bonus withheld as far a public records show-the 2016 year end is going to be dismal as far as the numbers-if the company has a new strategy due to changing condidtions why not update shareholders-maybe they think the money from statoil would be better spent reworking tbng lands-since they are not working their 100% lands-then tell us sooner than later
all markets and most stocks are well up- vle been dead in the water and not even cormark buying much-
there are my negatives-some of you that feel mgt can do no wrong-tell us the positives-other than the deals-with the great netbacks-the low cost and quck pay back of drilling shallow wells-being able to call their own shots-why isn't the comany capatilizing on these positives they keep restating but not delivering on.
much of of the money remaining here is betting on statoil-not vle-if you leave out the 2016 deals-this stock based on performance would be undr .50. no one wants vle to do better than me-but 2017 needs to be the year for all still here
this is a month of typing for me as i can only type with 1 hand so c ya and glta