RE:RE:Near sighted investorsJabbahut3030 wrote: Ask yourself a question. Why is Encana moving to the United States. Until Canada has a clear energy policy with egress and pipelines all the capital is going elsewhere for now. I am really hopeful that newco is successful but 20,000 boe per day is nothing. They will have to continue to dilute in the future.
A better question in my humble opinion is why are Riverside and others willing to fund this project to the tune of $300 million? And also 20k BOE/D is something to this company as it will allow them to evolve from a junior...Just trying to look at the other side of the equation