Ironhorse Oil & Gas Inc. V.IOG

anyone reminded of exall

[mike49]

applying for maximum allowable limits means no thought to the future at the expense of quick money now.the debt will come back and production #s will be meaningless as they will bounce all over.already talk of waterflood.no thanks.
i read a story a while ago about small players digging big holes for themselves because mngt knew they couldn't get hired somewhere else.sounds about right.
best wishes folks

[judson]

Not much you can do, Penn west shareholders are suing the board for the same thing, but these guys control this company and can even bankrupt it and keep there assets under the private co. My thoughts

[Oilmarket]

Well, you can always withhold you vote for directors, option plan,etc. at the AGM.  The problem is that most people dont even bother to vote.  At least sends a message so I would suggest voting.

[KevinOleary]

oilmarket that message you think you are sending is like a dog thinking he is sending one to the moon by howling. Stop the madness and accept that your vote is meaningless since there are more affirmative voters out there anyway, not to mention that the abstained vote most people are content with is counted as affirmative.

[Oilmarket]

Not necessarily true but being a bit idealistic and I believe it is always worth a try. Am trying to be optimistic but see that management is not doing anything and basically over a number of years will drain the company which is a shame. Many companies in the same situation. I think only 6mm shares (20%) were represented at the board meeting so people should withhold their vote (not abstain) if

[phred7]

Q3 out... no future plans to drill wells or... anything... Guess they will give themselves raises until they drain the assets. Hope they choke.

[Oilmarket]

Don't think they can or will do much and like I say withhold your votes for the board and all the proposals (including the stock option plan). Easy to do online.