Gran Tierra Energy Ord Shs GTE

GTE up 85% since the low of Jan 18th.

[morsel]

Have executed a couple of sells and will have some nice steaks on the barby tonight.

[Frank007]

You shoul be buying not selling ....gte has the highest production per share and fcf ...from any e and p oil stock ....so you should be buying ....

[morsel]

I hope you're right. Because I have more to sell. 

[morsel]

Frank, if you want to buy some, my next sell is at $12.80. May not get hit today, perhaps tomorrow.

[morsel]

My sell at $12.80 got hit. Next stop $13. 

[morsel]

Sorry, I meant $14.

[downwithdotcom1]

while i'm happy to see north of $12 let's just remember that the disasterous 10:1 share consolidation took place barely a year ago. In the months leading up to this event i have trades booked around $2.30 meaning $22+ after consolidation. Just as things were going positive ie blockades lifted, out of money hedges ended (forced on them by bankers as a result of 5 years of churning by this

[treightoo7]

I could not have said it better Like you, I am well under water and relieved that the share price is inching back to the pre consolidation levels Terrible management BUT even these guys should have no problems finally covering the debt at today's commodity prices  Been a brutal ride Just to think that I cross traded GTE with ATH at $ 2.10. Makes me sick But luckily only a small position

[monte8]

Could not said it better myself. I believe in the area they're drilling, the story and have held GTE even before this management.  This management and the board of directors havent been able to do things any better, in fact worse now we have a huge debt!  All at a time where we have a decent price for crude. Glad to see others in this board share their frustration with the 

[downwithdotcom1]

GTE's CEO ..see below.. Gary Stephen Guidry currently works at Gran Tierra Energy, Inc., as President, CEO & Non-Independent Director since 2015

[downwithdotcom1]

with all this suppossed great news ...Why did GTE borrow yet another $100 mill at 9.5%?? Why haven't we heard about the improving tax regime???  Why no detailed return of capital plan - base/special dividend from potential taxes saved/recouped that was already paid?? Yes, its over $13, but it was nearly $23 before this disasterous consolidation was executed WORST MANAGEMENT TEAM EVER!!!!

[monte8]

I would agree this is the worst management ever but that wont change in the near term. They keep being voted in. Though, I am encouraged from the great released test results from its Arawana-J1 discovery that can/will add to daily volume, the current current fair price for oil and positive 3rd update on reserves which in turn can help pay/paydown the borrowed ($100M) and turn to profitability.&

[downwithdotcom1]

Dude, you do understand that this was above $7 pre consolidation meaning above $70 about 10 years ago . THEY MANAGED TO CREATE A MASSIVE DEBT TO THE POINT THAT THEY WERE ABOUT TO COLLASPE REACHING AN ALL TIME LO OF 35 CENTS WITH THE SAME MANAGEMENT TEAM THAT IS STILL IN PLACE TODAY...dwdc

[monte8]

downwithdotcom1, I do understand the price it was about 10-years ago.  Yes, they did (the board approved) the massive debt to the point we are with the management still in place.   This is the management that West Face Capital (largest shareholder then) activist fund took control and allowed a new CEO (Gary Guidry) and group of board members to take the reins 9