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PROFIT.The company has never managed to show a profit. 14,000 BOED and they still can't show a profit.Gary Evans likes to spend money. Look at the amount of debt and the number of c shares issued in the past 6 months.Long term this could be a good thing, or the recent deals they are doing could be huge rolls of the dice which doom the company.Upcoming earnings next month are going to be a disaster. Anyone can crunch the numbers and see this. Again, the company is making more money, and spending it just as fast.
Where have you been SuckMiester? Your advice is extremely humorous! At least give a good argument for why MHR could be successful. Gary has done this before you know. I like his track record better than yours.
Gary Evans is ruining this company. It can no longer be sold. Look at the sad sack of deals this company has done over the past 4 months. A huge number of c shares issued, marginal or discarded assets like Eagle Operating. Now this joke of a deal with Baytex. 300 million dollars for 900 BOED!!!! A farce!The market is telling you what they think of Gary Evans.Too much debt! No major will touch MHR now.