Post by
Grease99 on Aug 04, 2015 11:11pm
Doomed
The company is screwed. They were a marginal producer at $80+/bbl....you will be lucky if this thing gets bought for $0.20. Their assets are nothing special, they debt is high, they are not low cos and most importantly the management team are morons who do nothing but destroy share holder value. Good luck everyone!
Comment by
Iamwcw on Aug 28, 2015 8:48am
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Comment by
pommerac on Sep 14, 2015 7:25pm
Do you know the management?
Comment by
Iamwcw on Sep 15, 2015 11:19am
This post has been removed in accordance with Community Policy
Comment by
Grease99 on Sep 15, 2015 11:41am
Iamwcw sumed up everything I wanted to say. I don't think people think of Bob Lamond as a great "value creator", a kin with Don Gray/Darren Gee/Peyto/Raging River etc. If you ask most grey haired folks in Calgary they will tell you like it is - Bob Lamond is a shareholder's worst enemy, stay away!