Post by
MyHoneyPot on Nov 01, 2023 8:53am
Eric Nuttall says 2025
First it was a the worst hedging strategy in the history of Canadian Oil + Gas.
Then it was get their debt ratio under control.
Next it way the shutdown of NE B.C. as it is unreliable and slow.
Then share buyback that have robbed shareholders of getting paid.
Now it share buyback, and an out of control capex program that is robbing shareholders
Eric says come back in 2025 after attach is finished.
I say their note matures in 2026 and they will likely still be doing share buybacks, have to pay the note off, and have a phase two capex.
I say come back in 2027 that when their may be a chance to get paid, but management will come up with some other reason not to pay shareholders.
IMHO
Comment by
Lupuslupus on Nov 01, 2023 10:53am
You will miss the boat and end up standing on the dock with luggage in hand
Comment by
powerlunchmoney on Nov 01, 2023 1:08pm
Take your own advice, we'll see you in 2027!
Comment by
sitttingbull on Nov 01, 2023 4:38pm
2025 is only 14 months away! :)
Comment by
Trapped on Nov 01, 2023 7:02pm
As usual, nothing you say makes sense. If investors should stay away until 2027, why were you trying so desperately to grab shares last week at $21.60? Please enlighten the class. Cheers and GLTA ARX Bulls.
Comment by
downwithdotcom1 on Nov 01, 2023 10:58pm
excuse me...but wasn't that yet ANOTHER 52 week high ????