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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

Post by RichyRich$on Jul 12, 2019 7:08am
160 Views
Post# 29911975

Great Management Team for Delphi

Great Management Team for DelphiWhen investing in a company, they say the best thing to look at is a good management team. At Delphi they don't throw the shareholders under the bus with share dilution. That's huge. And the banks are on board with Delphi's operating cash flow growth plan to pay down debt. So bankruptcy risk is now off the table. The current share price is low as if we were going bankrupt. This should double to triple fast! Even after the pop, it will continue to trend up as each quarter report gets better with increasing cash flow in decreasing debt. That combined with a sector rebound of Canadian Oil N Gas as LNG and Transmountain pipelines are built by 2022. This is a 3 to 5 year hold. Should be well above $1.00. Notice the pop yesterday afternoon with hugh volume before the news came out. It totally shows you inside investors exist. I subscribe to a quality fundamental newsletter I trust... and Delphi remains as a top buy for Canadian Junior Oil n Gas.
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