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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 pennydredfulon Apr 20, 2020 9:33pm
234 Views
Post# 30932419

receivership

receivershipDee    could    pull   out   of   this   very   quickly   if  they   get   the    guaranttee  from   EDC   on  their   bank   line   .   They    can   give   BNS   the  finger   as   ATB  and  BMO   pick  up  the slack   or   other    lender   slides   into   place. A  guarantee   on  their    bank   would  be a significant    asset     to   have     in    any  merger    or    strategic   alternative    or  even clears   the  way  for  the status quo  to resume.
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