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Not sure why you keep mentioning your mum in your posts Suhail, but the discussion centres around the immediate funding options & Art's credibility.
CDNoilsuppprter has put some compelling reasons to question Art's integrity in communicating info to shareholders and based on his personal experience with said individual - thank you for sharing those.
Add to that our own observations of his reckless management of overheads and disconnect between his 'PR hype' and actual outcomes - some would say he's a manipulative liar but obviously some level of expediency may be required when posting on this BB.
Regarding the actual cash situ, perhaps something has been arranged or alternately, we're actually out of cash and running on credit!
The problem is, we don't know really know and neither does our CEO engender any level of confidence or trust from Shareholders.
Atb
Would not be a bright spot if copl went bust oilberta. Personally I dont want anybody to lose money and if I was being selfish that includes me.
Cdnoil, don't even waste your breathe on that parasite.
I guess the only bright spot for me if COPL goes bust is that Sukail will lose a lot of money.
Cons- you make some good points.
Communications from AH and the Company have not been great to say the least.
Also we have to be careful of posters- who post repeatedly- what’s their agenda. Sul.. take note!
Nobody minds posts but balanced posts and not too many. Hmmmm
Sukhail, you are full of cr&p. My belief about Art's accountability stems from something he said to me several years ago. What is your basis of belief in Art based upon?
The only reply to an email I have heard about was a very vague one. Nobody expects Art to give confidential information. But if he makes a representation in a podcast or AGM - that is a PUBLIC statement. So he needs to explain when it doesn't come true. You shouldn't make a public statement about a material thing, and then refuse to explain yourself.
Nobody knows what is going on here. The annual report is due and we will see what he says there because he has to say something.
I have read all of your posts. I recall the one day you posted about 40 posts pumping the stock, without any foundation to do so. So you sound like you loaded up and have started ramping ever since until you sell your position. Good luck with that.
Sukhail, I have attended the last several years of AGM's, and spoken or emailed with Art outside of them. I have asked a number of questions at every AGM. But since that AGM, he won't respond to either my emails or calls. So that is my perspective on his radio silence.
At the last AGM, I was given very detailed and specific assurances in answer to many questions that are important to this share price. The answers were given in front of an audience that was mostly his staff. Art told us we had alternate financing in place, the performance bond was going to be announced within about a week, and the drilling rig would be on site and operating in no more than two months from the date of the AGM. Another investor was present with me when those representations were made. I didn't mention any of that on this website, until it was proven not to be the case, so I would not be accused of ramping. My posts try to objectively provide people with facts about my personal experience with Art, so someone can make an informed decision.
The post you reference below? My colleague who has 30 years experience in International funding - he is based out of Europe - I asked him that question 4 years ago, and I regularly ask if his opinion has changed since - that is his advice to me. My colleague's opinion is that lenders are concerned about credibility and cost control. Which is why our share price and dilution is where it is and we are looking at "alternate financing". Which is supposed to be COPL insiders lending the company money - on undisclosed terms. That should concern any shareholder.
I was slammed by the Liberia duster. It was announced the day after I was told there would be no announcement for a few more weeks, so I didn't derisk myself in time. The stock price went from $0.17 to $0.005 Canadian over night. Now we don't trade here because the stock price is less than a half penny, our lowest trade value. I have to hang on and hope he does actually do something and leave some of the upside to investors.
I won't get personal in response, but you seem to have such confidence in Art, not having disclosed you have had any direct communications with him, or anybody at COPL.
Suhail- How dare you tell CDN to move on! You piece of ****ee, you have NO idea how valuable his input is.
Lets talk about your own input shall we Suhail... On a average chart of 200 days probably more, the chart shows you haven’t been laid once! And continue to post 40 useless posts every half hour.
Now get a ******* life you moron.
Rktech, I couldn't agree more. Complete and utter self-serving parasite he is.
Well that’s the thing. It’s priced pretty much to go bust. So if the financing news comes in the rise will be much greater. It’s the risk you take. Either believe it will come, take a position and sell at possibly 1p or don’t. Not sure how complicated this is
Why dont you Fcu_k off and move on Suhail ??????......You're nothing but a low grade P&D merchant !!!!!
I agree that no news doesn't mean its bad - but this is the same guy that was out there the last few years doing podcasts, and paying so much for a PR department, and claiming everything was "imminent". And then decided he didn't have to explain himself when his promises didn't come true. It is hard to be optimistic in these circumstances.
Inching ever so closer to insolvency as time goes on with no news of financing.
10 million sell at the end don't think we will get news this week but something got to give this month
Got a good feeling about this share.
Come on indeed!!!
COME ON COPL.