See how they were able to do it!!!!? What was the update? Discussions are continuin!. They will still "update" you just the same at the next meeting.BUT... I have to give them credit.. They are a 30 mil dollar "company" (at best) valued at 3 Bil. That takes talent. My hats off to them.
gerald. Keep in mind you're talking about one of the longest running string-a-long plays on Wall Street that first gained attention via Carl Caserta and then that slimeball Matt Badiali and of course Tommy Belesis and the JTF boys. Remember the famous "flare photo" with Phil and the crooked prime minister? The " Guinness Book" boasting?
I expect the financials to suck, a lackluster half-baked deal, if any, and new strategic "directions" i.e. more kick the can down the road by the gang who can't shoot straight but sells their own shares up in Canada like concert violinists......
Sentiment: Strong Sell
I don't agree with your post but 3 months ago we were told by XOM and IOC that the deal was just about complete....only working out some minor details. August 1 is tomorrow and still no deal. I have been very patient waiting.
Just released a press release confirming 8-12 CC.....That is day of reckoning for me! If they string me along any longer I an gone!!!!