Eagle Energy Inc EGRGF

RE:Acumen Capital report

[gvixid]

So acumen has a price target of $0.40...how bold. Basically they're saying they stock will continue to tread water because of high debt levels and uncertainty over the North Texas play. These are the exact concerns that the Challengers highlighted during the proxy fight. Management can't rely on drilling to turn this around. At some point the 'new' CEO has to make some difficult decisions to get the stock price moving up. At this point, I don't see any options other than asset sales. That reduces the debt quickly and allows them to focus on a narrow range of properties, instead of drilling all over the place as they are now. It seems very obvious...does anyone have any other ideas?.