Eagle Energy Inc T.EGL.UN

RE:something doesn't add up

[downtozero]

As I had expected. The quick sale and positive sale news was an attempt at masking the forthcoming announcement of a major loss for the year and quarter. This is followed by another announcement they are looking for more assets to get rid of. All this time they've been telling us that anythiung over $50 USD oil they'd be making profits. We should have seen huge paydown in dept from the asset sales as well as profits to support the new wells they want to drill based on $60 USD average oil price.. Instead we see ony one new well for this year (so far), less than expected debt paid off and a huge loss versus a profit for 4th quarter and year end.

And they claimed atheir  target this year was to double the stock value! I see half value coming up soon, not double.