Monday, November 10, 2014 1:00:43 PM
You claim that you've been told (by someone at TGC) that they just keep drilling to keep their % on the properties.
Why spend more money (the drilling) on a property that has no valuable resources so that you end up with more % in a worthless property (according to your thinking). Do you think they are all that dumb at TGC (or HENC since it impacts them as well), they have one billionaire (Civelli) on their BOD. Do you think he got that rich by increasing his stake in worthless properties ?
Even if they concluded that the property is worthless I highly doubt they will tell that to someone who called them on the phone for a chat. This is a company on a stock exchange and such information can only be made publicly available to all shareholders, via PR or other way of communication since it also impacts their business plan.
All communication from TGC lately signals quite the opposite from what you claim.
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