Post by
canne on Mar 09, 2018 3:17pm
reality
I bought some shares of this outfit when it was trading at $8.50. Since then the price dropped and the management consolidated the shares 1 for 4. In total, I lost 96% of my investment. Now, the price of NG is low, confidence in management is low, debt is still high and everyone thinks fossil fuels are in the past. It's a poor time to be in the oil and gas sector in Canada.
Comment by
Java7 on Mar 09, 2018 3:52pm
You are correct, prehaps the sector has bled long enough and the bottom is in, wish i knew! Java7 I've been slowly buying