RE:RE:RE:RE:RE:RE:RE:Haven't bought yet, but I may soon.pedigrees are only good as long as the horses are winning races-once the winning stops-pedigrees only good for breeding-i am not saying this has not been a top notch team in the past-they tripled original shareholders money over 5 years with verenex and many expected same at valeura-however since they founded valeura-the performance in almost every measure has been dismal-in comparing the 12 month performance of share price-vle is down about 15%-tat is up about 100%-cpi up about 50%-since inception vle is down huge and they bought into a profitable company-vle had huge deal news in 2016 yet few if any know of it-ceo does not speak at conferences, do interviews or do much of anything to promote the company and share price shows it-they are almost completely invisable and have a potential blockbuster well hopefully spudding soon but few know of it-
surely i am not the only one who is questioning management-like most still holding i am betting on the statoil pedigrees and no longer the valeura pedigrees-if i am being unfair in my critcism of management-please correct me-if valeura cannot increase their shallow well production by far more than 350 boe/d in 2017-regardless of statoil results i hope cormark ceo and board considers a management change-my real hope is the management team starts to win again and has me and others praising them for a fantastic year that is now into the 2nd quarter with just eight and one half months to go