Eagle Energy Inc EGRGF

Headcount trimmed by one is a start

[downtozero]

One director gone, another now doing double duty. Likely the lender telling Eagle it needs to seriously trim expenses if it's going to survive. Overall a positive indication there's still some life left in Eagle; otherwise they would have just announced they've called in the loan.

[ariesleaf]

downtozero  Read my post and check out. Two companys One Pubic One Private. Same Managment & Board.

[downtozero]

I think the US company is just a 100% owned subsidiary of the Canadian company. That's how you typically have a company that does business on both sides of the border. I don't believe Eagle is a take out target because I don't believe management cares enough about the shareholders. Maybe they already have deals in place with the credit holders to keep their cushy jobs and high expense

[freedom-1970]

Yes , this is there US company.  I think they 8 vehicles leased down there , pigs are still working us over .. only assets worth selling is Texas. Canada is 1200 bopd but until we have a new PM it’s insane to place in the market.  Wayne and his blood suckers need to get the boot !  They need to buy the stock or we need to have another new CEO  nice gamble buy here on the

[downtozero]

Just the lease payment obligations they still have are worth more than the entire value of the company at the current stock price.