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Bullboard - Stock Discussion Forum Scorpio Tankers Inc STNG

Scorpio Tankers Inc is a Monaco-based provider in the transportation of refined petroleum products. The Company involves in the oil, seaborne transportation of refined petroleum products from the tanker industry to the international shipping markets. It operates through four segments: Handymax, MR (Medium Range), Long Range 1 (LR1)/Panamax and Long Range 2 (LR2)/Aframax. It consists of 113... see more

NYSE:STNG - Post Discussion

Scorpio Tankers Inc > Turning into a joke
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Post by curtis111 on Apr 13, 2021 6:09am

Turning into a joke

This spinoff was months in the making. Are you telling me management couldnt have had a plan in place in regards to Dunwell and presented it as soon as the spinout was complete? Been sitting here for a month with no press release? Come on guys. What a dissapointment AMK management.
Comment by curtis111 on Apr 13, 2021 6:12am
Way to get those incentive options out. B#$%%^&$%. I hope you turn this around.
Comment by Robizounskin on Apr 13, 2021 6:45am
Yes you are right Curtis, everything is there, and they just do nothing besides giving themselves some stock options, they were pretty fast on this, LOL.  They were saying they can work on the site all year around so what are they waiting for, they have everything funded as well until the end of 2022, the plan is ready from last fall.  Go Stinger do what you are supposed to do ...more  
Comment by HIGHonLITHIUM on Apr 14, 2021 10:52am
You should know that these guys do not sit around. Completing the spinout is evidence of that. Dunwell news is out. Do you now apologize for throwing mud? 
Comment by Jeepfan on Apr 14, 2021 12:13pm
I love the potential here. The world has become so impatient and people expect instant results this is not social media they are working on it is mining and these take processes take time. With all the mining activity going on I would bet it is not easy getting experienced drill crews and at resonable costs. I am happy with the progress so far. It's not like the shares cost me anything. good ...more  
Comment by CobraShelby on Apr 14, 2021 9:13pm
No one is throwing mud here. Stating the fact is different. The were ready in October of last year and put on hold due to the Spin out. All done by the 5 of march over a month ago when they start trading . They could have provide the drilling plan a lot earlier but they did not .  They are allowded to provide for themselves 10% per year of the total actions in circulation and that they did ...more  
Comment by HIGHonLITHIUM on Apr 14, 2021 9:51pm
Cobra, you do realize that the Dunwell is located near Stewart and that part of the world is still deep in winter  and snow? The Dunwell is a property that can be worked all season but you do realize that moving 5-10 feet of snow may not be the best use of funds and waiting a little longer could mean big exploration expenditure savings?  There are a hundred variables in that country and ...more  
Comment by HIGHonLITHIUM on Apr 14, 2021 9:58pm
Cobra, here is a fact for you. Maybe go look at when those options were issued. I didn't recall options being issued on the first day of trading. They weren't. You are mistaken. That's mud slinging in my book. A "fact" you stated that wasn't really a "fact" was it? Keep it real.
Comment by curtis111 on Apr 14, 2021 11:38pm
Appreciate what youre saying Lithium but you have to agree we probably should of had a release a little sooner. One would think that they would have had a plan in place in short order after the spin out.
Comment by CobraShelby on Apr 15, 2021 7:48am
Hello HL It's not me, I copy paste this info from Canadian Insider. The transaction date is the 5 of March and the filing date was the 24 of March. I am not complaining or throwing anything at anyone since these are freebies shares receive due to the spin out, for my long 13 years wait investing in AMK year after year, but it  was really  Worthed so far and this is just the ...more  
Comment by HIGHonLITHIUM on Apr 15, 2021 11:44am
Cobra, I'm not why some site would be reporting options issued on March 5 as they were issued a couple weeks after that. There was a news release  Good luck to yourself and all.