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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 Raymondjameson Nov 19, 2019 6:33pm
113 Views
Post# 30371637

RE:RE:RE:RE:RE:RE:RE:Reaction

RE:RE:RE:RE:RE:RE:RE:ReactionLuminous owned over 50% of notes at $100 and close to 26% of equity. Now about 66% of each respectively. This is a small position for Tim but he struck a deal that was fair to all. Shareholders buying at $2 are not happy but need to deal with the cards dealt. No shorting here.  And yes tough to make a buck but even if this goes bankrupt at time of maturity, i will come out flat without an asset sale.  
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