Buccaneer Energy Ltd. (fka BCGFQ)

[DeepDownResources]

Anyone else see this article on Fuel Fix?

http://fuelfix.com/blog/2013/06/24/small-oil-companys-shareholder-fight-has-international-reach/


I love the fact that the CEO of Buccaneer Energy and Founder of the company is complaining about "Fat Cat" Chinese. I know what he means.

Wikipedia’s DEFINITION of Fat Cat is: a wealthy person. I think some have also said it is a wealthy person who profits disporprotionately from the work of others. that accurately conveys his concerns that the shareholders are potentially going to be denied the fruits of their investment and years of work by opportunists who are well funded and capable of gaining undue control over these assets.

It does raise questions – where does a company like Dart get its funds? Are there connections to CNOPC? Are we, in fact, dealing with legitimate Asian private investors here, or is there a larger game afoot? I don’t know the answers to these questions, but it does appear a bit odd that a floundering company (Dart) has a seemingly bottomless pit of funding.