TAG Oil Ltd. V.TAO

Moneysworth Now?

[oilinvestor52]

Today's news is very disappointing to say the least. I wonder what the cost overrun will be to finish this well, if they even can. Will TAG need another funding?

So much for Moneysworth master therory of paying excessive salaries and consulting fees in return for technical and executive excellence. Not even one well drilled since new management and board appointed several years ago despite millions paid in G and A. 

I hope this so-called dream team can get this well drilled and actually completed.

Donald

[Overertune]

Is it because they don't know how to drill or the geology is unexpected? the company always delays and never deliver what they promised, making me suspect it is a spam.  know about this company through Malcolm Shawn blog, I hope he is not paid to advertise TAO. The problems Tao keep having is really damaging their reputation.

[moneysworth]

Geez Louise.... think'n we've got a few conspiracy theorists on board. You guys aren't driving pickups with Canadian flags on the sides are ya...lol? :) Seriously, you haven't looked into the track record of who's running this team? They've suceeded on numerous levels before, and have tons of skin in the game. The CEO & CFO have almost 3 miilion shares combined

[oilinvestor52]

It would be interesting to know how much the overrun is going to cost the company and how much money will be left in the treasury. Most likely another dilution coming? It's good to see the guys controlling the check book with lots of shares however how much has been pulled out in fees and compensation.

[moneysworth]

Ahhhh Donald, so easy to judge when you're sitting in the cheap seats. :)  No question they did it on purpose. They're plundering, stealing and pillaging all remaining funds as they desperately want this play to fail. No question you'd be ranting the same spiel on at least 90% of the other company boards. Knowing what you know now, it's probably best for you to just move on. :

[oilinvestor52]

Moneysworth your numbers are wrong. you forgot to add in the recent Toby Pierce CEO big 20,000 share purchase. 

[oilinvestor52]

It appears Moneysworth is quite smitten and infatuated with me and likes roughing things up. Moneysworth feel free to call me Dorthey, Donnie or Debra or whatever.

[moneysworth]

Donald,... yes seriously, doesn't matter if you continue with all the negative rants, you'll still be okay with me! :)

[cassius15]

Did you listen to the conference call Jan 4? https://t.co/ieLgjJPCOZ A temporary drilling issue caused the stock to drop 20% This is a great buying opportunity

[oilinvestor52]

Any more mentions of the close anaogy of ARF to the Eargle Ford Basin. Could ARF really be as big, big, big and massive as the Eagle Ford? No wonder Toby Pierce is filling his boots.

[RockLobster1]

Don't worry about The Donald.... He's always taking a silly hissy fit about something meaningless. First out was the CFO was under paid, then it was the CEO was over paid... At one point not enough diversity on the board or something.   I'm amazed he's invested in an oil company, I thought he'd see them as inherently evil.

[moneysworth]

Rock, not worrying about poor our Donald. Have another friend who's eternally negative, all you can do is smile at them...lol. TAO could be trading north of $2 bucks and he'd STILL find something to complain about. At the end of the day... unfortunately it's just their nature. :(