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Zargon Oil & Gas Ltd ZARFF

Energy Oil & Gas E&P
Zargon Oil & Gas Ltd is a producer of oil and gas. It is engaged in the exploration, development, and production of oil and natural gas in Canada and the United States. The company works on three phases of oil reservoir exploitation which include Primary recovery, Waterflood recovery, and Tertiary recovery. Its portfolio includes Alberta plains north, Alberta plains south and Williston basin projects.


GREY:ZARFF - Post by User

Zargon Oil & Gas Ltd > Zargon hires Macquarie
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Comment by rad10on Jan 18, 2019 10:09am
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Post# 29250690

RE:RE:RE:RE:RE:RE:RE:Zargon hires Macquarie

RE:RE:RE:RE:RE:RE:RE:Zargon hires MacquarieBelieve me that cherry was popped a few decades ago...............

I aim to "win" 6 out of 10 cardboard - anything more is a plus.  Notable great "wins" of 2018 include include Aimia preferred and secured, Hydro one IR, Fortress and IBG debbies.

Getting parity out of the debentures in Zargon was never realistic since this debacle started.  Getting 70 - 80% would be best case scenario.  Bailing at 30 - 35% makes no sense. 

Riding this out and waiting to see all these great offers for the marginal assets coming in............  Knowing full well that a continued ongoing paycheck has been the prime motivation for senior management. 

Any evidence of insider buying at these levels??

Cheers

Rad10
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