Eagle Energy Inc EGRGF

RE:RE:RE:RE:RE:RE:Blue Vs Yellow

[whodathunkit]

Jitu1011 wrote:

Thanks! I was unaware of Kingsway increasing its stake. 

However regarding EIA and US Shale, I heard that it won't be possible for US Shale to survive the low sub $60 price and hence like we saw few shut downs last year; OPEC will be succesfull in getting rid of most of that comeptition by 2018.

 

I am not too sure about receivership claus and how fast or feasible is for anylender to trigger it. Just my analysis taht if such situation arise it will be the last think Oak will do, and probably management will get loan restructure as opppose to making Oak think calling the loan and putting the lock at the door and loosing all money, as stressed asset will not fetch immediate return of loaned money anyways. 

The reality is no one knows what any of them will do.  To me it is fear of the unknown and taking a worst case scenerio that is driving a lot of the vote Blue logic.  Businesses are not in the habit of willingly taking a loss.  The lenders will act in their best interests and that will include changing the loan provisions if necessary to get back more of their money than bankruptcy, assuming bankruptcy is on the table.

Cheers.