Post by
energee on Aug 06, 2021 8:40pm
What Next?
In my view, the VLE Board should immediately hire an investment bank/advisor to consider strategic alternatives.
That is what shareholders, like me, deserve.
Comment by
firstworld on Aug 07, 2021 1:44am
These guys are like Nigerian scam corp management they don't care about shareholders only their meagre cheques, bonuses and options. 3 years an nothing except asset stripping the corp and boosting their pay by 40%. If this was a firstworld listed corp they would all be incarcerated pending trial on this deal alone and would likely get 10-15 on the ripoff.
Comment by
firstworld on Aug 07, 2021 1:45am
There's a reason every despot goes to Canada and London....can rip everyone off with no consequence.
Comment by
copperplay on Aug 08, 2021 7:34am
I think these guys are ready to pull the trigger for the right deal but it takes 2 to tango They have to make this work in order to cash out their stock
Comment by
nozzpack on Aug 09, 2021 8:14pm
I notice that they have expanded the area in which they are considering an acquisition to include Canada. Natural gas seems to be focus. The middle and Far East is their greatest area of experience, followed by Canada. May mean nothing ....
Comment by
firstworld on Aug 11, 2021 11:05am
Worst possible thing to hear. Desperation. Cc anafa is worst place to do O&G that's why all foreign players left writing off 1/2 TN on the way out
Comment by
bandit69 on Aug 16, 2021 3:43pm
You mean VLE is considering this? Canada and a natural gas play? wow....could they be any better at missing the boat......stunning. lol
Comment by
energee on Aug 16, 2021 8:57pm
I had the same reaction. Couldn't find any reference to CDA as a place they plan to invest in their public materials. Best thing they should do is hang out a STRAT ALTS sign and see who shows up for their cash.
Comment by
bandit69 on Aug 17, 2021 11:50am
you're definitly right re: your job comments. I just can't believe the board isn't taking action and how they even have ANY employees. Just another Canadian salary sucking machine at the expense of shareholders. But hey, shareholders let it happen and happen and happen and happen...well, you get the picture.
Comment by
stiffupperlip on Aug 18, 2021 5:07pm
Yes at $ 32,000 per flowing BOE it is pretty much missed. Remember at the very highest peak gas was selling for $50,000 per flowing BOE. All the big boys are snapping up the cream and what VLE has left looks more and more like the fringes they had in Turkey. Like I said before where is the Board and McPherson - they need another managment team .... like ASAP.
Comment by
trade2win2 on Aug 18, 2021 7:30pm
Stiff I'll give you a thumbs up on that post.....
Comment by
bandit69 on Aug 20, 2021 11:51am
Not long ago...like...last year.....gas weighted co's were trading for less than 10k /flowing BOE.....not anymore. What kind of garbage can you find these days for a reasonable price? where? in Afghanistan maybe?
Comment by
copperplay on Aug 23, 2021 2:15pm
How much longer these guys going to wait before spending their cash? What is company saying?