Followers | 35 |
Posts | 1844 |
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Alias Born | 08/24/2006 |
Tuesday, October 06, 2015 12:19:46 PM
1) Derek Grawell the IR rep from MZ Group. He is a very sharp guy. He understands what Kenny Hill is trying to do, and he has a very good grasp of the opportunities that are in the market. He has come to know Kenny very well and has a deep respect for the man. Kenny is a very intelligent and successful businessman and he is not here to build a little oil company....
Many oil companies are extremely over leveraged with the price of oil down here, and they have to sell off some assets. Victory has credit facilities and investment banking relationships that put them in a very strong position to acquire a potential major asset, oil producing, cash flow positive in good size fields with acreage for additional drilling locations.
I really think we come out of this downturn in the price of oil a MUCH stronger and much higher valued company.
I am looking to add to my position for the first time in many years.
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