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Eagle Energy Inc EGRGF

Eagle Energy Inc is a Canadian company operating in the Energy Sector. The company is engaged in the acquisition, exploration, development and sale oil & gas and hydrocarbons with operations in Alberta, Canada and Texas, United States. While derives majority of its revenue from Canadian operations.


EXPM:EGRGF - Post by User

Comment by philippechampyon Aug 10, 2018 12:00pm
113 Views
Post# 28441053

RE:RE:RE:SECOND QUARTER RESULTS

RE:RE:RE:SECOND QUARTER RESULTSdon't be fooled by the net loss. What is important is FFO + 1.93M. More important, they stopped hedging. That means you can add 1.23M to the next quarter (1.23M was the risk management loss for the second quarter). That said, the co is not viable as a going concern, it can only languish with those expensive administrative costs, and would never be able to use its tax loss carryforwards. When will they understand that ? I noticed they still have a shareholders information office. It's a mockery : they don't anymore answer our questions
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