GREY:ZARFF - Post by User
Comment by
rad10on Jan 15, 2019 1:26pm
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Post# 29234666
RE:RE:RE:Look forward to updated presentation
RE:RE:RE:Look forward to updated presentationhawkowl1 wrote: All companies have that issue. Cardinal likely trading at $100,000 per flowing barrel with decommissioning liabilities... or Crescent point.
Its all relative and some wells will keep flowing for next 25 years or more.
And yes much better opportunities in oil patch. Zargon is a special situation having rid itself of onerous debt. If they cant market this now they never will. So thinking it wont be too long this is gone and hopefully minimum of .10 cents.
The biggest risks is managemt gets cushy in keeping their collective excorbitant salaries and keeps this going indefinetly.
No more needs to be said........................