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Energy

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.

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EXPM:EGRGF - Post Discussion

Eagle Energy Inc > Going to $0? ...

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Post by BenderRodriguez on Jan 16, 2019 3:55pm

Going to $0? ...

So I would assume by the price action since the announcement on January 2nd that EGL is going to $0 ... anyone have the opposite viewpoint?

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Comment by gvixid on Jan 16, 2019 5:01pm

I agree. All signs point to bankruptcy

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Comment by goldbull9 on Jan 16, 2019 8:43pm

Does anyone know how much money is due to the lender by month's end?

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Comment by freedom-1970 on Jan 16, 2019 10:28pm

What a company, email , call... Nothing !!! First question when they sold the Flats why did the bank let them us the funds to drill????? They should of knew the debt level ??? And why not decide to stay in Canada or the US??? Bad bank or Mangement here again ... This one could be over ...

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Comment by philippechampy on Jan 17, 2019 12:51pm

opposite viewpoint : look at those who buy shares by hundres of thousands

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Comment by BenderRodriguez on Jan 17, 2019 1:07pm

Yes, for every seller, there is a buyer. If they manage to pull a rabbit out of their butt and negotiate something with the lenders, then those currently buying will make a ton. Otherwise we all lose everything.

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Eagle Energy Inc