GREY:BNKPF - Post by User
Comment by
BrokerGon Mar 04, 2019 4:36pm
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Post# 29440462
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Take down
RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Take downThat makes sense. I think we have to use some common sense here. Delay after delay is NEVER a good sign. There is no way it takes 6 months to get flowback from the XTO Anderson well. 99.9% of the time when a company delays putting out news it is a bad sign.
We should have heard by now. I think xmaster is correct in assuming the well results are poor or non-existent.
The company will try to mask these results with an updated reserve report in March. I think it may be time to consider that this management team cannot get the job done.