GREY:BNKPF - Post by User
Comment by
wittmannon Jan 14, 2020 9:33am
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Post# 30550349
RE:shale plays
RE:shale playsYou say negatively has never been lower?I disagree.Its never been higher.Yet the rest of your post supports the negative .Cash is king with any oil company.Most Canadian company's cut capex and instead use surplus cash for buybacks or debt reduction.Too bad this company isn't in that position.Maybe a buyout is forthcoming but it wont be in our favour.There is no leverage so I expect the worst.