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Gold/Mining/Energy : NGL to da moon (well, maybe to $10?)!!

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To: Elroy who wrote (105)12/31/2024 5:32:06 AM
From: FIFO_kid2  Read Replies (1) of 126
 
Kind of surprised to see you gone before the catalyst question of the expanded water business hasn't been fully answered. Sad to admit but in terms of relative strength to the oil sector this stock has performed very well. However, if that answer isn't to my expectation in the next report then yes it is certainly time to consider to move on.

I agree with you on a long term basis they need to sell the dog assets and pay down debt and if you believe they will be unable to unload them at a fair price this stock likely will be challenged.

I can say the management have been liars to date when it comes to the buyback which of course never happened but what's new a big portion of companies today sucker investors fund CEO lifestyles.
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