Hostile investor - Fire the HEADS and Sell the Company. What the heck ? How does this sell off 5 percent plus especially when they said they were doing more NCIB.
So there hedging was in place for last year, so the question for someone who might know is when , actually when would they have taken these hedges for this fiscal year.
The only reason they would of hedged at these prices amd the amount or percentage related to daily production has to be the banks.
Otherwise , what we need and I am dead serious , is a new CEO - CFO - COO all need to be trotted to the unemployment line. To do this we need someone to come in , with a large share count and demand they get seats demand they gut the management , and the purpose Of this is to SELL THE COMPANY.
This group would do us all a favour if they announced a strategic review , where they look at all options ,
one being selling , the other a merger , and take ARCs or Whitecaps name.
This company is being mis managed.
This announcement will get us a share pop and I am done , I am embarrassed the amount of money I put into this , I know in this market I am okay however I really could not f done better What was I thinking ?
I am frustrated, they seem to be doing nothing for there shareholders No telegraphing there plans , and have you seen there CORPORATE PRESENTATION ?
It's BRUTAL CHECK OUT WHTE CAP AFTER YOU read CPG
Don't worry if you think I am a idiot I know I am
I bought this over many others
C