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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 > 2017 Financials... Wow...
View:
Post by Kherson on Mar 21, 2018 12:48pm

2017 Financials... Wow...

Those of you still holding this stock need to take a close look at just how bad it really is! Eagle got their Term Loan Financing amended just yesterday to allow them to remain solvent! If they hadn't, they would have been seeking CCAA Protection in April! Then again, losing $19 million over the last two quarters will do that!
What is most interesting is that there are still no updates on the Initial Production numbers from the new well in North Texas.
Kherson

Comment by bigtunagreen on Mar 21, 2018 1:27pm
This post has been removed in accordance with Community Policy
Comment by Kherson on Jun 15, 2018 8:24am
Posted March 21, 2018 Kherson
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