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Delphi Energy Corp. DPGYF

Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.


GREY:DPGYF - Post by User

Comment by TheBridgeon Apr 16, 2019 11:31am
142 Views
Post# 29633249

RE:Fund Managers Starting to do P/T Upgrades in Energy Sector

RE:Fund Managers Starting to do P/T Upgrades in Energy SectorI appreciate your thoughtful post. I personally think that another factor that is holding this share price back is the lack of trust in DEE. Long term holders have seen this share price erode so much that their trust or confidence in DEE being able to turn the ship around is at an all time low. It takes a great deal of time to build trust or confidence and  even more time to rebuild trust. IMO they have a pretty decent management team who have tried to make the best decisions that they could under the circumstances. One of their perpetual strengths was doing an excellent job at hedging their product but one of the unfortunate situations was the refinancing at the worst time possible. I think anyone interested in getting back into DEE is watching to see how successful  they are in  handling their debt load prior to reinvesting. GLTA
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