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Bullboard - Stock Discussion Forum GASFRAC Energy Services Inc. GSFVF

GasFrac Energy Services Inc is an oil and gas service company. It is engaged in providing liquid petroleum gas fracturing services to oil and gas companies in Canada and the United States of America. The company has developed a patented waterless Liquid Petroleum Gas gel that yields higher reservoir production while eliminating concerns over water use in fracturing.

OTCPK:GSFVF - Post Discussion

GASFRAC Energy Services Inc. > Analysts are....
View:
Post by soberinvestor on Sep 28, 2012 2:36pm

Analysts are....

......at best 50/50 right/wrong and they usually work for some deep pockets IMO.

So, the party was over. I missed that 2.40 and bailed out at 2.27. I’m back at 1.97 and I think this stock under 2 is a steal. Reflects about 50% of its book value as per Q2. Its technology is the only alternative for the recent global anti-fracking campaign. Remember that they already have contracts with Europe where environmental issues are much more seriously addressed. BOD is working on management related problem and once CEO is picked we should jump to 2.50 right away IMO. If NA ignores us Europe will have no choice (for its density) but to appreciate our technology and we are first in this fracking problem solving run. Although I don’t see much of a chance to benefit in the long run from possible monopoly this technology probably will enjoy, for that we’re too small, we I think will be scooped up by a bigger entity (either NAan or European) for a nice premium paid. Feels like that last run to 2.40 was killed by somebody who is circling over our heads and don’t want it to slip out of his reach. Good luck to longs and squeeze to shorts.

Comment by gascrap on Sep 28, 2012 9:02pm
They do not have contracts in Europe.  They announced an mou with eCorp in February that they would be exploring the possibility of entering Europe.  There has been absolutely ZERO mentioned of this by anybody with the company since then.  This thing is going down, down, down.  Go to canadianinsider and look at how many stock options were granted in the last week.  Then ...more  
Comment by soberinvestor on Sep 28, 2012 10:03pm
First of all thank you for clarifying Europe. You sound bit like a disgruntled long term investor and if you are I’m sorry for all that suffered so much from 14 down to 2. Absolutely right there’s no justification for rewording management (could you please elaborate on those options, thanks). It is pillage as you say but so are the stock markets. It works more of the same across the board and I ...more  
Comment by gascrap on Sep 28, 2012 10:36pm
I absolutely am a disgruntled investor.  What gave it away? ; )  I don't know any details about the options other than the info that is on canadianinsider.com.  I emailed the company, but of course, they don't return emails or calls.  I can live with making a bad investment, I am just infuriated when the opportunity is there, but the management blows it, which is what I ...more  
Comment by soberinvestor on Sep 28, 2012 11:15pm
I just checked the options issued to executives, about 600k total w no exercise price listed neither on Canadianinsider nor on Sedi also no mention on Sedar. I don’t like any kind of conceal like that but we all know how we can trust the “brass” that often acts like RUST. Mr. Hill also bought about 100k shares at about 2.20 averages. My summary is that something’s cooking and this stock is ...more  
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