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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: rolatzi who wrote (88192)2/27/2001 12:00:53 PM
From: isopatch  Read Replies (1) | Respond to of 95453
 
rolatzi. Tried lo 2s add, but missed mkt/eom



To: rolatzi who wrote (88192)2/27/2001 6:24:59 PM
From: tommycanuck  Read Replies (1) | Respond to of 95453
 
All we are finding out now with EEE is that it is a severely underperforming company that hasn't reached any of the expectations of its investors or management since its inception. Quite simply it is the posterboy of the Canadian oilpatch for what could possibly, conceivably, maybe, might happen if all the moons and Mars aligns at the same time. Even when that did happen with gas prices rocketing to the moon they were locked in on hedges for 2 years at $2.34 CDN average. I gave everyone the heads up with post #82866. The announcement does not surprise me in the least. It just continues another long line of disappointing announcements by the company. They sold a bunch of non producing properties. Why? Maybe, just maybe, nobody wants the other ones at current prices after 2 years of being on the market.
JMO

Regards

TC