goin' back in the tank??
It's great to have the onus of the Libya-deal pulled off the back of the co. -----but they need to have a plan on what to do next......and EXECUTE.
These guys are running around.......lookin' like the Keystone Cops !!!
deep
Total joke these 3 guys probably have never drilled a successful well in their careers . They are very good l real estate accumulators but that as far as it goes. Drumheller a bust, Machichi more oil in a filling station. Montney, it will help the folks that conduct fracking because SOQ hit massive water. Another note, it was Toufic Nassif that cut the deal with Joint Oil, why are the 3 Amigo"s even needed especially at the pay scale they are on. !!! Sell Canada or get a qualified Partner to drill .
Agree that these guys have shown no ability to bring in a profitable oil well in the time they have been here. So lets have them earn their money and do what they do best, sell properties. Let them sell off Montney, Duvernay, then Drumheller, Michichi and finally , make a deal for Africa and distribute the cash . Put a time limit of 9 months to get it all done.
Needs to clear $1.70 (the higest weeky close in about 6 months) on it's weekly chart for the next leg up to begin. Otherwise its a wait and see game.
New monster moves begin practically each week (if you know the SIMPLE SECRET FORMULA for explosive stocks).
Take a look at these recent winners; IMH [+800%], CLSN [+710%], ARNA [+591%](could breakout above $10 eventually - wow!), CONN [+442%], BLDR [+380%], INFI [+416%], PHM [+367%], DDD [+246%], ELLI [+417%], SNTS [+266+], HOV [+242%], REGN [+245%] RPRX [+325%], CVI [+546% - since Summer 2010], WNR [+675% - since Summer 2010], on and on...
:m:u:a:t:h:e: . :c:o:m: (without the colons).
Well Deep, they did find a JV for the Africa play, so I don't think they were sitting on their hands doing nothing.
Sentiment: Buy
yes upton.......they did finally resolve their Libya problem.....but look at how slow they are on land in Canada. Seems that everything they try is in slow-motion.
They should have drilled dozens of wells by now.......what are they waiting for?
deep