High Arctic Overseas Holdings Corp V.HOH

Buzz on the Bullboards: From oil fields to labs, TSX Stories making waves

[Jonathon Brown]

Several TSX and TSX Venture-listed companies made significant announcements that could shape their near-term trajectories. read article.

[colourama]

CIBC is doing the same thing as it did over at HWO - another 25k lot up at $1.04, after selling similar lots yesterday. Must be bleeding out from the losses.

[Stonksonlyup90]

Working Capital was $20.6M USD at year-end. If you use 1.35 to convert from USD to CAD, that would be $27.8M CDN. The stock currently trades at $0.98/share. It would trade at $2.23/share to trade at

[colourama]

I haven't had time to delve into details, but as another positive, are they not mildly cash-flow positive? ($0.248 million USD). No ones seems to care at the moment about the company.

[lngisforme]

Only bright spot is they haven't squandered the $14,960,000 usd Cash held.  They're not getting a good return on it but there's $1.65 in pure cash alone with no debt. Yet here are

[PressRelease]

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAWCALGARY, Alberta, April 30, 2025 (GLOBE NEWSWIRE) -- High Arctic ‎Overseas Holdings Corp. (TSXV: HOH) ("High...read article.

[Resilience2]

Indeed. Please explain: Oilmin Field Services, operating under OM Holdings Ltd, is a prominent Papua New Guinea (PNG)-owned company that has been delivering oil and gas field services since 1992

[colourama]

Lng, can you explain what you mean by losing all business to Oilmin for rentals and field work? Latest Oilmin news was contracted to do seismic field work. I don't think that is a capability of

[lngisforme]

They are losing all business to Oilmin for rentals and field work.  They are toast and they know it.  Sell off the assets

[colourama]

lng, I agree that HWO should not need a top heavy management, but not sure I would necessarily characterize management as running HOH into the ground. It's all a waiting game for when activity

[lngisforme]

I seem to see a group who've run a viable company into the ground.  There is no management talent here.  Lots of mismanagement without leadership.  Milking salaries from two

[colourama]

Auburn, agree - I'm just wildly speculating. These guys certainly have the expertise from years of operation there.

[auburn2]

It's foolish to think you know better than this extremely experienced and talented management team. They have the large cash hoard for a reason. They know what they are doing. They are the elite

[colourama]

There are all sorts of directions that they could pursue - perhaps an expansion of PIMS to cover other sectors, or simply opportunistic for any distressed assets that can be picked up for cheap in the

[40YardLine]

purpose of this seismic work is to gather additional geological information on the petroleum resources already discovered in these two licenses, to increase the volumes of oil and gas reserves. The

[Stonksonlyup90]

Pretty wild haha. They have a lot of flexibility with that cash hoard, hopefully they are making some strategic plans. Sitting... Waiting... Hoping - isn't a strategy. Need to put that capital to