Post by
MustangMatt on Aug 04, 2015 10:59am
Hindsight
It's funny how in retrospect I look back 6 months ago I would have never suggested financing for this company. Who here now wouldn't go back and issue shares at $3 or $4, a bought deal of say 42,000,00 at say $3.50 an extra $40 or $50 million cash in the kitty right now would sure make me feel better owning this name. I was thinking oil would stay over $50, it would appear we are in for lower for longer on oil prices. Am I wrong? Cheers Matthew
Comment by
ProfCornelius on Aug 04, 2015 3:43pm
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Comment by
UppersDowners on Aug 04, 2015 5:56pm
would have could have should have. I bet a 100 oil companies wished the same thing. We stand out because we still make money at these low oil prices where many are drowning in debt. I feel we might retest our lows before the summer is over on this one but by years end we could be back over $3
Comment by
robt1234 on Aug 05, 2015 9:04am
Easy to see that happen....https://seekingalpha.com/article/3396385-1-bullish-chart-for-natural-gas?ifp=0