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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

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Post by ariesleaf on Jun 19, 2019 11:16am

MERGE

Who would be the best to Merge with EGL.?
Comment by downtozero on Jun 19, 2019 1:34pm
With stock value near ZERO, it probably wouldn't make business sense to merge. Better to sell off the two fields, give the money to shareholders and shut down the company.
Comment by BenderRodriguez on Jun 20, 2019 12:16pm
Agreed, and that should be what happens based upon the board/management's fiduciary duty to do what's in the best interest of shareholders. Problem is they are not (major) shareholders themselves.  Not to mention that outcome directly conflicts with their desire to keep their cushy well-paying jobs. The only way I see this getting resolved is if someone buys enough shares to boot ...more  
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