Re: New NR 28 Nov
in response to
by
posted on
Nov 30, 2008 12:14PM
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It's well known (by informed people) that the TSX venture exchange does not publicize the results of their investigations. Furthermore, they have very weak rules regarding disclosure, reporting etc. It's a huge advantage to a company whose management has little regard for fiduciary responsibility to be listed on the TSX V rather than a primary market such as the TSX.
By the way, have you read the last paragraph of MEO's most recent NR ?
How smart is it to try and short change Nabors drilling, one of the world's largest land drilling contractors ? How smart is it to dilute already limited and stretched executive skills by engaging in a lawsuit with a multi-billion dollar enterprise that is respected world-wide ???
As for the waffle about Nexgen's share - it shouldn't be that hard to get financing if they had the goods. Remember Nexgen had "the right of first refusal....based on a complete engineering evaluation". It seems that the evaluation came in and Blackrock refused? That's when Tyrkalo and Davis left.
What happened to the "exciting" Petrojet project ?
How much cash flow does our company show now ? Are we there yet ?
Etc. etc...................
Now let's see, what do we have a lot of ? Oh yeah......we had dozens and dozens of promising news reports leading the share price upto the twenties. I tried to cash some of those news reports at my bank and guess what they said ? I tried to buy a loaf of bread with those news reports and do you think I could buy even a day-old crust ?
Best of luck folks. Hope your little hearts out if you so desire. I'd rather have one decent, competent captain steering the ship, thanks.