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Bullboard - Stock Discussion Forum Eagle Energy Inc EGRGF

Eagle Energy Inc is a Canadian company operating in the Energy Sector. The company is engaged in the acquisition, exploration, development and sale oil & gas and hydrocarbons with operations in Alberta, Canada and Texas, United States. While derives majority of its revenue from Canadian operations.

EXPM:EGRGF - Post Discussion

Eagle Energy Inc > Blue Vs Yellow
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Post by Jitu1011 on Jun 13, 2017 2:56pm

Blue Vs Yellow

I have been quitely monitoring the debate from past few weeks and haven't seen solid response from both side. 

I might get convinced by blue logic as they are criticising and only focussed on debt, however I am still confused why instead of buying stock at low proces, they have been spending all that money and time in jsut fighting with current management. 

BLUE are still unable to explain what they think if OIL goes beyond 60 in next 2years whether EGL will return to sustainability or not ? and I think that is what current managment has planned. 

any views ?

Comment by ariesleaf on Jun 13, 2017 3:47pm
I Agree yes we all know cost are high. But at the same time this all stared back in the fall when EGL would not sell assets to Mr. Gundersen which no one say's for which company he was buy for. So a few months later with the help of Kingsway this action began. How did Mr Gundersen optain his shares in EGL.? Most on here are trying to use the new loan plus Clark's $778,000 compensation for ...more  
Comment by Scottie99 on Jun 13, 2017 5:53pm
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