Canadian Oil & Gas Companies Message Board

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Gold/Mining/Energy : Canadian Oil & Gas Companies

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To: Syncrude who wrote (6101)	2/24/1999 8:23:00 PM
From: mick	Read Replies (1) of 24925

REL Management - Looking After Themselves !!! Its very obvious Syncrude. The 12 M$ provision is to line the directors and CEO's pockets after the golden parachute that they will certainly get. The ~ 300 M$ debt for this company is 250 M$ for facilities and 50 M$ for management payoff. The shareholder is GETTING SCREWED !!! We are better to not tender the offer and let the Dominion people go jump off a bridge. I want the management to tender their resignation. We can then get someone who can run this company. The last time I got screwed on an oil deal was Czar. Guess which company bought them? One P.O. Speculator

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