RE:Kathy Turgeon I agree. I always enjoyed the updates at Peyto and still do even with their more muted tone.
For me it seems like it is the least they can do as a junior to keep shareholders's informed of the quick swings in operations that can happen on a small scale. It also seems like an inopportune time to do it just when oil is making gains, the spread is narrowing, production is increasing and FFO should be lowering debt just like the current monthly report shows and future monthly reports should show. If you were going to stop reporting monthly then entering the shoulder season would have seemed like a good time to do it not exiting it.
I guess we will just have to do it quarterly moving forward and hope that this signals the new CEO's intention to navigate GXE out of the junior ranks. It seems a little premature though. ;-)
GLTA
MagicPinstripes wrote: Interesting to see that the Board of Directors is bringing in a familiar name from Peyto. Kathy Turgeon rejoins Don Gray, also formerly of Peyto, on Gear's board.
Too bad about Gear's monthly updates though. They were something that Don Gray did back he was Peyto's CEO. As a Peyto shareholder, I'd look forward to them every month just to see what's new and current in the business. Also liked former Peyto CEO Darren Gee's updates as they were always animated. Compared to those two, Ingram's monthly updates were never quite as jovial.
Maybe not what you'd want the CEO to focus on, but I always felt that it was a good way to reach out and honour shareholders. The other way is to make good business decisions that increase the stock price! Hopefully Kevin Johnson can use the extra time to get things in 'gear' again.
GLTA