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valleyboi0

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valleyboi0

Re: franckyfranck post# 666

Tuesday, 01/27/2009 11:08:12 AM

Tuesday, January 27, 2009 11:08:12 AM

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OT: Whats happeing there at OILexco is not making sense. It seems almost a conspiracy lol, but seriously how does a company with 50M in qtrly revs, 2.5 Billion in assets, 800M in debt.... suddenly find itself in BK prevention/administration ????

with

Two major properties (Shelley and (I cant remember the other name) about to come online effectively more than doubling their output ...

Too much to list here but it just doesnt add up. Needless to say the fear factor really kicked in hard on this one and the Bears had breakfast, lunch and dinner !!

Time for a bit of a correction I'd say
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