No, just the normal awful disclosure from COPL. We never have an idea of exactly what's going on.
Can you kindly give me the name of the mental institution you're currently being housed in? I'm going to put in a call to have your internet access restricted.
Agreed Brady. He was extremely reckless at Oilexco.
https://docplayer.net/48193862-Oilexco-important-lessons-to-be-learned.html
What will your opinion be 1 hour from now? Harry, you're a total clown, you've been flip flopping like crazy. Go read some of the posts you wrote yesterday. No one in their right mind would listen to any advice you have to give.
time for your meds.
Making lots of comparisons to Oilexco in their presentation which was a complete and utter FAILURE of a company. I have no faith that drilling will begin in Q3, nor do I have faith that this is the last placing. I am disgusted with Art. We on the Canadian side can't even sell if we wanted to, zero shares on the bid. This investment is more or less written off for me.
Harry has single handedly managed to ruin this forum too.
GLA
You have completely lost your mind mate, seek help.
Well said CdnOilSupporter, Art has shown time after time that he does not care one bit about private shareholders. I believe it was Rktech who asked, I will not be attending the AGM in Calgary. As far as I'm concerned it's a colossal waste of time. Art has failed to deliver on every single timeline imaginable and frankly at this point the chances of COPL going under are greater than realizing success in Nigeria.
I agree, but there is still a tremendous amount of risk that ALL the pieces will fall together by then.
A lot of you were saying "no way would Art raise at these prices". Art will do whatever Art wants especially when backed into a corner. He has managed to keep the scam going another 45 days. Really starting to doubt him and his ability to pull this off.
R_Dunc, those are my thoughts exactly. Although I don't want any dilution at all, it would be much more favorable if it was done at a substantially higher share price (i.e. after big news). If they raise at current prices, I'm considering this investment a total loss.
7 years of taking Art at his word and here we are. 2.5 billion shares, zero cash and zero oil production.
Welcoming 50% dilution? Are you kidding me? Anyone with a higher average will NEVER see their money back if they add 3 billion shares to the float. Like I said, they do a raise and shareholder value gets utterly destroyed.
Hi guys,
I check in every few days to see if there is any new relevant information. I can't for the life of me comprehend why you all give HarryTw@t the light of day? He's clearly a clown / troll. Just ignore him and he will wither away.
Should find out soon if it's boom or lights out for COPL. Another dilutive raise will kill this company so let's pray they find an alternative solution.
GLA
Berta
They must be very close to having zero cash in the kitty. We'll likely find out in a few weeks if it's go ahead or bankruptcy.
HarryManic
Wouldn't be surprised, Harry seems to be either manic or suffering from multi-personalities or perhaps even both...
9 months ago they said financing would be secured within a month lol. This company is a JOKE.
@MadChatter, you must have looked at a different set of financials than the rest of us. Their results spell it out VERY CLEARLY. No cash left.
The RNS is out on sedar. No mention of cash depletion.
To getting the drills going. Nothing new at all in their MD&A other than the obvious that they are continuing to bleed cash.