Steady as she goesI think Samuel David is pretty good. My impression is that shareholders are in good hands with him as CEO. He's not flashy, or a promoter, he's an engineer with good experience to bring these wells online. Small company so i expect some mistakes particularly in the press release IR department. If they rolled back some forecasts it's not the end of the world. it's a micro cap so you can't expect everything. They've got good properties, so It's a multi year investment for me so we will see how they do - I suspect very, very well.
I hope they ease off acquisitions or high risk maneuvering. Stick to the new culture of Canadian Oil and Gas which is to return capital to shareholders who have stuck it out. Get the wells done, optimize the flow (he's an engineer, he knows what to do) and then get that free cash flow flowing back to shareholders. The PE will be super attractive and if they do a small divi that shareprice
will reset very nicely well north of where it is now.
GLTA