RE:RE:RE:FROM OBE board.. truth hurtsFlush11 wrote: I call Bu!!sh!t.
They are exactly the same company they were years ago when the stock was 46.00 per share except that they have MORE land and 17 years of P1 inventory.
Long term holders of OBE at one point were down slighly more than 99.97% on their investment. Not a typo. By contrast Bonterra has paid out more than 1 billion in dividends with a current market cap of under 300 million.
Obsidian is back to running in 5 directions and not doing any of them except maybe the cardium particularly well yet. The PROP acquisition was a steal otherwise thier results this year a Meh. A little smoke on their "500 sections of Clearwater" has added a little mystery. Lets see if it works out first.
I will be holding my BNE long after the current crop of complainers are gone.
the 1bill in dividends was not from profits. Maybe half of it was and that was a decade ago. The rest was debt.
I don't know why you're doing backflips, oil is looking very weak and the FED is going to make sure of that so, barring an unforeseen event, it won't be surprising to see oil hit $60. Will they pay a dividend then? lol