Gran Tierra Energy Ord Shs T.GTE

What a fiasco for GTE

[monte8]

President Gary Guidry presented us with another loss although, with an increase in production and some decent oil price. What's wrong with this picture?

There is obviously too much spending on exploration, pay-offs and compensation but, no benefit to investors. Management get compensation for doing their job even if they loose money.  What a fiasco.

My opinion, President Gary Guidry, management team and deep pocket investor are purposely driving down GTE while increasing the production to someday taking it privately, stealing from investors here!

The posted results do not make sense as they are purposely meant to show a loss.

The market doesn't like the results - 8%  at $8.56.

Does anyone else on this board feels they're beeing taken in?

[David01montreal]

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[monte8]

Thank you David!  The management never has anything for the investors to celebrate about!  It's all for themselves (management), corruption pay-offs and the endless exploration wells they continue to drill.   The increase in production and fair oil price does not have any effect on investors value as the management will find a way to consume it to a LOSS!

[khyber2]

Every single oil stock I own, has gone down in production in the second quarter, some by half. Do you not see what happened to the price of oil, in the last few months/ Thankfully oil is up again, and will go up higher, thanks to oil supplie shortage and SAUDI ARABIA reducing their output yet again. So just be patient, and don't call any oil execs. stupid., our time will come!!! Regards, The

[David01montreal]

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[jmurraykli]

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