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Bullboard - Stock Discussion Forum Antrim Energy Inc. ATGYF

"Antrim Energy Inc was incorporated on September 29, 1999 in Canada. The Company is engaged in the business of oil and natural gas acquisition, exploration, development and production in international locations. The Company, through its subsidiaries, conducts exploration activities in the United Kingdom and Ireland."

OTCPK:ATGYF - Post Discussion

Antrim Energy Inc. > v.AEN has $ 17 Million cash (9 cents a share !) & zero debt
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Post by StudyStocks on Oct 22, 2015 1:53pm

v.AEN has $ 17 Million cash (9 cents a share !) & zero debt

Money is starting to find its way back into some juniors. There's no way that v.AEN with three times as much cash as its market-cap (and zero debt.) is going to sit down here at 3 cents much longer.
Comment by StudyStocks on Oct 22, 2015 2:21pm
From Antrim Energy's August 26, 2015 news release: Highlights Commencement of four well abandonment program in United Kingdom Central North Sea Significant cost reduction expected from summer 2015 abandonment program Continue to evaluate new opportunities for transformative upside potential Strong financial position including cash at June 30, 2015 ...more  
Comment by StudyStocks on Oct 22, 2015 2:29pm
The $ 13.5 Million US dollars in v.AEN's treasury converts to 17.7 Million Canadian dollars (which is 9.5 cents per share !) Antrim also has no debt.
Comment by glory7 on Oct 22, 2015 2:43pm
Obviously most know more than you.
Comment by tannin on Oct 23, 2015 3:00am
study, sp reflects Stephen Greer....AEN still burns $ 2mill yr, doing ?, & rents offices for $ 390,000 yr to 2017. Greer took $920,240 in 2014 !!! incl. semi faux change of control bonus.........cannot speak for others, but my opinion of Greer is lower than low...and his 2014 use of the change of control clause to 'earn' nearly a million bucks, i , for one, would love to see challenged ...more  
Comment by StudyStocks on Nov 03, 2015 12:50pm
As the market gets a bit stronger, v.AEN will not sit down here much longer with 3 times as much cash in its treasury then its market-cap.
Comment by StudyStocks on Nov 04, 2015 9:53am
The super-cheapies at 3 cents are not lasting long anymore. Any of you bashers want to dump at 3 cents ?
Comment by StudyStocks on Nov 04, 2015 10:10am
From Antrim Energy's August 26, 2015 news release: Highlights Commencement of four well abandonment program in United Kingdom Central North Sea Significant cost reduction expected from summer 2015 abandonment program Continue to evaluate new opportunities for transformative upside potential Strong financial position including cash at June 30, 2015 ...more  
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