Year end Tax planning
in response to
by
posted on
Dec 19, 2011 01:20PM
Developing large acreage positions of unconventional and conventional oil and gas resources
If things remain true to form, today's activities will be followed by the issuance of stock based compensation and warrants.
Apparently, Investor relations have no clue "why" this may be happening. By definition the trading pattern relflects "market making" and is allowed under TSX guidelines. Year end Tax Planning is to blame. I suppose all those that have been in the markets need the losses to trigger before year end.
I guess we will wait and see, but if this is the result of possitive information and test results, heaven help us if some bad news comes in.
Have a great festive season! All 12,998 of you!
Spazz