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Art has always been loyal to himself, the board and his lenders. I’ve been saying that for years and continuously had people want to fight me. He has recapitalized this company a few times over to do so. They’ll win, everyone else loses. The recent buy should not be looked upon as anything but a charade. Look at the salary and stock award / warrants given to him over the years. So nice of him to spend a bit of our money on under the water shares at 34p
That after three days of trading post suspension, we’re on the edge of turning red. I can’t stand retail pumpers and paid promoters. Abe, Jay, HFB, etc etc. Everyone loves a cheerleader, and then they disappear with others holding the bag. The sooner you all realize companies like COPL has people within their world that promote their shares online, the sooner you’ll see the light. Let’s be real, except for a few that have been rational or “bashers” as you call them, you have all been sorely wrong with the SP. time to entertain opposing views; you’d be better at this if you did
To all those who knew this was going to open and trade where it is? Oh no, Canada market is crap and sophisticated buyers have the price all wrong…..so many hours and days spent daydreaming with pie in the sky predictions for this…
The only one not speculating is CC. The share is openly trading on the CSE and to his point, you can see what buyers and sellers are paying. They too have all the information that is being discussed here and there is more “smart money” moving around there than currently here. Art originally wanted to list in London for the liquidity of PI’s and access to global funds. With talk like this, he looks like a winner on the first point. Clearly he’s not getting such a free ride in Canada.
Rumbled, at 30M+, you own more shares than the entire BOD combined outside of Art. Doesn’t make much sense for you to chime in here unless you have an agenda or are full of it. Either way, again, I agree with CawCaw. Company can issue debt if they want to buy assets. Consolidated gives them a free pass to recapitalize. Let’s focus on getting bought rather than issuing shares and making acquisitions. As a holder of 30M+ shares, you would surely agree. Right?
Alberta - I’d agree with CawCaw here. While first I’ll say, show me 5 cents and I’ll be pretty jazzed, the likes of Cenovus and Whitecap can’t even attract institutional investment. Forget companies like MEG and Baytex who have significant annual revenue and historical production. This is to recapitalize and shed the **** poor image of current shares outstanding which will allow for more dilution. The question becomes whether or not those placing lead to anything accretive. History tells us they have an incredibly low batting average there