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Scorpio Tankers Inc STNG

Scorpio Tankers Inc is a Monaco-based provider in the transportation of refined petroleum products. The Company involves in the oil, seaborne transportation of refined petroleum products from the tanker industry to the international shipping markets. It operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. It consists of 113 wholly owned, finance leased or bareboat chartered-in tankers (39 LR2, 60 MR and 14 Handymax). The segments represent a different type of vessel being around 110 with which it operates with the smaller and bigger type of ships that include Handymax, MR, LR1 and LR2 under its own ownership as well as finance, leased or chartered in.


NYSE:STNG - Post by User

Comment by HIGHonLITHIUMon Apr 14, 2021 9:51pm
150 Views
Post# 32998335

RE:RE:RE:RE:Turning into a joke

RE:RE:RE:RE:Turning into a jokeCobra, you do realize that the Dunwell is located near Stewart and that part of the world is still deep in winter 
and snow? The Dunwell is a property that can be worked all season but you do realize that moving 5-10 feet
of snow may not be the best use of funds and waiting a little longer could mean big exploration expenditure savings? 
There are a hundred variables in that country and none of us really know what the conditions were and what
the circumstances were. I heard that Stewart got massive snow several times over the last several weeks.
Easy for us to criticize from our armchairs. 

I wouldn't have cared if they waited awhile longer as this gold market isn't recognizing anything right now
anyway. In fact, maybe management was waiting for a hopeful market improvement and couldn't wait anymore.
I don't know, but one thing I do know is that we all got STNG shares because of efforts managment made to unlock some value.
As to options, there is a 10% option plan so what's the big deal? The options were priced in line with the market price.
If you are upset about the market you can blame the naked shorting criminality and the chronic manipulation holding the gold price down. 
Support Save Canadian Mining and make some noise to the powers that be.
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