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Bullboard - Stock Discussion Forum Stream Oil & Gas Ltd SOGAF

GREY:SOGAF - Post Discussion

Stream Oil & Gas Ltd > Thoughts on the resignation of Mr. Hodgson
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Post by fatheroffour on Oct 07, 2013 10:13am

Thoughts on the resignation of Mr. Hodgson

Hi board, Just wondering about your thoughts on the resignation of CFO. My experience was that he did a very poor job on investor relations. The website still refers to the field in 2009; emails were never replied to. Maybe the new guy will have a greater focus on updating the presentation more than once a year...
Comment by naive_investor on Oct 07, 2013 10:42am
The share is traded at less than 10% of 2P NVP and only 20% of 1P NPV after-tax, which is mainly due to poor investors relations. Lot of exciting things happening in the Company, but the market is unaware of most of them due to poor communication. I remember Paul Platter buying shares (some 40,000) at 80 cents in the open market a few months back. John Tognetti seems happy with the change as ...more  
Comment by naive_investor on Oct 07, 2013 3:30pm
Although the following comment on Stockwatch is dated, this may be the reason why Mr. Hodgson departed: 2013-01-30 17:30 ET - In the News Casey's Energy Report, in its Jan. 16, 2013, issue, says hold Stream Oil & Gas Ltd. (80 cents). The newsletter twice urged subscribers to buy the Albanian explorer, but the instructions did not work out. On Feb. 19, 2010, he said buy Stream Oil, then 66 ...more