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Aurora Oil & Gas Corp. Message Board

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  • carchandco51 carchandco51 Jun 10, 2008 10:06 PM Flag

    does this company ever talk??

    gto- if you were managing this company as it is currently being run would you want to release any information? They collect their pay, award themselves 700,000 shares each quarter and lose money in a red hot business. The best thing for shareholders would be to sell the business but then where would they get the next check? Based on Q1 report there is no hope of them making a go of it. AOG received $7.77/mcf in Q1, historically a good price. Our only hope is they are selling on the spot market or locked in to some much more favorable prices. Way too much overhead for a pissant gas producer.

 

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