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Bullboard - Stock Discussion Forum Storm Resources Ltd SRMLF

Energy Oil & Gas E&P
Storm Resources Ltd is a Canada-based oil and gas exploration and development company. Primarily it operates its business activities of exploration, acquisition, and production of oil, natural gas, and natural gas liquids reserves in the province of British Columbia. The company focuses on development drilling.

OTCPK:SRMLF - Post Discussion

Storm Resources Ltd > Bid underpriced as ng futures hold up
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Post by Valuecan on Nov 16, 2021 12:50pm

Bid underpriced as ng futures hold up

Could this be a case of mgmt. setting a put without agreement from major shareholders?  Almost like putting your own stock in play.

Either way, this offer from cnrl is a bit of a lowball in my opinion, there’s quite a bit of infrastructure we shareholders have built out, and near term upside from LNG.
Comment by stockfy on Nov 19, 2021 6:00pm
Good move here. The CEO sold at the peak ...because nat gas prices are at the peak....
Storm Resources Ltd
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