RE:RE:RE:VLE Coming upWhat a joke. He would rather invest money in Canada ...where we occasionally get negative prices and no one can make a profit?
There is a reason why Canadian companies are trading below book value - there is going to be a perpetual oversupply for the next 10 years at least with no way to get our product to market s where they are willing to pay (thanks to all of the expected and then canceled LNG plants). VLE on the other hand gets over $7/mcf, all the demand they would ever need locally and to top it off easy accress to the european market.
His comments on "we know the law" in canada... no we don't, governments are flip flopping every day making it harder and harder to have economic resource deveopment. We do know that Turkey wants and needs the gas and doesn't want to piss off international investors that will help get them there.
He makes no sense... he makes no mention of the 1st well being tied in and production tested this year (so we will have info well before 2019) and no mention on the reserves report by a world class group. Sounds to me he is sour he missed out, likes to trash it because he did, and maybe he can get it if shittalks it enough and scares the retail holders.