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Ann: Sun Completes Badger Oil Project Farm-Out, page-10

  1. 8,892 Posts.
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    I am not saying getting out is not the right thing to do but what i am saying is why did they go into this deal in the first place and then keep announcing what a great holding this was.

    To me handing back 40% of the 50% holding for nothing, which if you look at it they have handed over $3680000 for nothing.

    This to me seems that their first deal shouldnt have been done and Management should explain why they did.

    One could asked if this was ever in the best interests of shareholders I base this on it is apparent they could not off load the 40% to a third party
 
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