Post by
kavern23 on May 15, 2024 8:47pm
Good thing
I think new management team is doing good things in not doing a m and a in the fall...commodity prices were too high in fall and companies still too cashed up for high 2022 aeco prices for deals too happen.
should be deals happening now in cardium or more willing companies on valuation.
Some deals may happen on ability to drive costs lower and not just for the undrilled cardium locations.
The private company cardium companies have better undrilled locations than the public cardium companies
Comment by
kavern23 on May 15, 2024 8:54pm
Some of the cf s in q1 and fcf for some of the private cardium companies are likely worse than ipo, Bne, ygr s etc public group. ipo got prairie storm for 40m during the last cycle drop. Problem for prairie storm is stopped drilling and shrunk to that and with low aeco caused problems. A company like entrada may be only cf 5m or less per quarter. interesting times ahead.
Comment by
Jnasty2pointO on May 15, 2024 10:28pm
Other companies doing bad just like Bonterra equals good. Got it!
Comment by
kavern23 on May 16, 2024 12:27am
Dude crying about all the money you gave have lost on Bne isn't going to bring the cash back....you can't blame the current management team for your past losses...fink isnt ceo any more. Man up and keep grindin and earn the losses back.
Comment by
JayBanks on May 16, 2024 12:31am
But my dude, Crying, blaming others and commenting on a decreasing trend line on a stockchart is so much easier!
Comment by
Jnasty2pointO on May 16, 2024 8:39am
Who's blaming anyone? I have not once laid blame. There are in a shitty situation where it could go to zero but I don't fault anyone it is what it is. Doesn't mean you have to continue to hope fringey acreage pays off. Just trying to make sure no one else gets duped. Don't be in loser denial, check the scoreboard lol!
Comment by
kavern23 on May 16, 2024 11:42am
I was just joking around and posting satire. I agree with you on your points, some of these companies could see their share price go along. I not in the market and on sidelines right now as I dont see a good reason to be in
Comment by
Jnasty2pointO on May 16, 2024 6:24am
Lmaooooooo!! Definitely don't have to make it back the way you lost it. Learned that lesson along time ago, but some of this unhinged bullishness and pumping that gives people brain damage needs to be met with a rationale take. Keep saying all you want, I will be watching the scoreboard. I won again yesterday :).
Comment by
kavern23 on May 16, 2024 12:30am
Jnasty you need to put on your big boy panties and lose the diaper and keep grindin with Bne. you fools can invest in the cardium were many dreams have been broken