GREY:ZARFF - Post by User
Comment by
pablo87on Jun 24, 2019 12:57pm
82 Views
Post# 29856481
RE:pablum, you dimwit
RE:pablum, you dimwitYou belittled me and a few other Twin Butte (TBE) debentureholders and we ended up netting a 7 bagger..
Zargon hasn't worked out but in actuality the debentures haven't fared any worse really than the small/midcap O&G market in general - you name it, its down. Your own NVA is down 75% from its high.
Zargon still has the North Dakota asset which has minimal decline and generates positive cashflow. It is in the US which is a problem (tax and overhead wise) so it would be good to do some asset arbitrage (sell ND and buy some Cdn) but that hasn't happened.
Also, I voted against the debenture conversion - I can't understand why all the dimwits (to use your expression) on Bay Street voted for it.
What's interesting to me is the companies (and people) you attack and the ones you don't when in reality, the whole industry is down big time. Readers should play close attention to what Niemoller said as it surely applies to you Rollingindough.