Post by
DocPat on Aug 28, 2014 9:35am
Encouraging
Good morning all .. I am encouraged by the developments in RPT .. There are lots of opportunities to develop this company and it is now gushing cash .. In a 12 month cycle we would have enough cash to re-complete the well that was suspended. That being said, I like the joint venture idea better .. Keep our powder dry and have a partner drill the offshore wells for an interest .. That's where I think we get the biggest lift.
The interim team is working on it .. We will see what crystallizes .. If they do decide to sell the company, the longer we wait the better as cash keeps building on the balance sheet, and we cetainly wouldn't want to sell it on the half price rack .. It's just of good an asset.
Have a great long weekend all,
Doc.
Comment by
2j3kl on Aug 28, 2014 10:35am
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Comment by
TSXVNEWS on Aug 31, 2014 3:32am
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Comment by
dangerousjd on Sep 01, 2014 11:45am
probably another Greenstar (V.GRE) All over again..that stock has been halted for a while... Regardless, nobody gives a $hit about Grand power when there is a company right in front of our faces that has better value and bang for your buck.... if you have a hardon for Grandpower then go post on that board....this is where the real value seekers come to play