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Bullboard - Stock Discussion Forum Rooster Energy PRBEQ

"Rooster Energy Ltd is an oil and natural gas exploration and production company which is engaged in the acquisition, development, and exploration of petroleum and natural gas and the delivery of well intervention services. It provides plugging and abandonment services in the Gulf of Mexico. The company operates through Oil and natural gas, and Well services segment."

GREY:PRBEQ - Post Discussion

Rooster Energy > Promotion
View:
Post by pearls on May 01, 2016 4:41pm

Promotion

Sheperd wrote: take a look at highly promoted Manitok, MEI.V 36M market cap... withe less revenue, higher loss , about same reserve...
Rooster appear less risky to me IMHO sp should be arround 0.11 to  0.15 to get a more fair value


That's the difference: "Promotion".  MEI.v sits at .22 cents.  Rooster apparently doesn't believe in it.
Comment by Burnerman on May 01, 2016 5:05pm
You are so correct. I have always wondered why this firm does very little to promote their own company. I was one of the unfortunate ones to buy in at the high with over half million shares because this firm appeared to have a promising future with excellent management. Although I don't question the management there is basically no attempt from management to promote this company at all. No ...more  
Comment by thedon on May 01, 2016 5:37pm
COQ doesn't currently seem to be deriving much benefit from being publicly traded.  The regulatory hassle and cost must be signifcant.  At 15 cents they could eliminate that problem forever at a cost of $6 million CAD.
Comment by Woody10 on May 02, 2016 5:48am
why shouldn't they eliminate this problem at 2 cents?
Comment by Burnerman on May 02, 2016 6:24am
They could try but most of us have average costs between 7 and 12 cents. I myself would not sell at .02. We will know in a month with release of the first quarter results how the company is proceeding. If they can make it through this difficult time where most company's like Plt.un, Iona Energy etc have filed for bankruptcy and possibly secure a few of the upcoming decommissioning contracts ...more  
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