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Bullboard - Stock Discussion Forum Quattro Exploration and Production Ltd QEXXF

Quattro Exploration and Production Ltd are principally engaged in the business of exploration and development of oil and natural gas reserves in Western Canada and Central America.

GREY:QEXXF - Post Discussion

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Post by coffeeguy331 on May 29, 2014 5:17pm

the correction

the cash flow has exactly in it what is defined as cash flow. Cash flow is very often a very good indicator of company health. This correction shows us that the cash flow is goi.g in the right direction, indicating future health. This is probably a better indicator than the net earnings. I am still confused why elgaveeno thinks earnings from the sales should not be reported. That would be untruthful. Concerning your contention that they are using up assets faster than they are acquired? That is false. Good luck everyone. I buy a few sheckles worth every now and then. This is fun and exciting.
Comment by perdikaoilgas on Jun 07, 2014 10:58am
Concur.
Comment by elgaveeno on Jun 09, 2014 3:08pm
Let's just state again, that if QXP wants to press release a correction, whne there wasn't any need, then I think it is thay that are confused. They made 2 press releases, stating 2 different metrics. Those metrics are poor, low decile for reporting issuers. The metrics are poor because the assets are old and tired. The Traffina assets they have been reactivating were shout off in 2012 ...more  
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