RE:RE:Not Many Positives...maybe you are on to something here.
They could be setting up the company for a merger and are selling assets to bring down debt rather than try to grow production which has long break even time period.
The debt reduction is a positve to the balance sheet immediately. More attractive to a potential suitor to chip away at that debt.
They also have quite the sizeable amount of tax pools?
Wouldnt those tax pools be transferable in a merger?
They also have some value in reserves.
The sum of those parts plus the production they are trying to maintain could be attractive to another gowing Jr who perhaps does not have any tax pools.
Dont believe they would have gone through the whole re-capitilization exercise without a plan in place right from the beggining.
Thats why perhaps not much news gets released on future plans.
There already is a plan
just an opinion/theory,