Welcome To The Goldnev Resources HUB On AGORACOM

Goldnev Resources Inc. is a public energy company focused on conventional and unconventional oil and gas production, with active projects located in British Columbia, oil shale exploration program in Saskatchewan, and oil and gas production in Alberta.

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Message: Additional comment on drilling from Marc.

As much as I would like to see a good oil price I think it will hurt us more than we profit from it. It wasn't a funny thing for me being on vacation last week when ZOOM Airline filed for bankruptcy protection. Many other carriers are presently suffering the said fate. A lot of services would be cut also.

Oil at $95 to $100/barrel, I still think companies could still make a decent profit and sustain a fair economy. I don't feel the price of oil even had much of an impact on companies like GNZ. The fact remaing that we will not be producing anything for a while.

Would have been nice to see other properties of GNZ providing some cash flow. I can't imagine today 0.20 is so difficult for GNZ to maintain. Today it's more of a game of chess that investing...... I would sit back and watch the game.



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