OTCPK:WSRLF - Post by User
Comment by
GorgeousGeorge1on May 16, 2017 10:00am
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Post# 26249012
RE:RE:Trading at 0.265
RE:RE:Trading at 0.265I'm in complete agreement with you Markethound.
Although I'm not a long term holder, I know many on here are.
Shareholders have funded this company through the worst of it. Just as Kurdistan govt looks to be keeping up with regular payments to regional producers, production is increasing at Garmian field, ISIS is almost entirely out of the region, oil is stable at $50 and set to improve, Kurdistan and Iraqi govts cooperating with oil exports.... in other words... just as shareholders were about to see some share price recovery, management sell to a private company.
The timing is suspect to say the least.
Shareholders are being shafted.
I would love to see how directors are being compensated by this deal.