One red flag for companies is being M&A junkies.
Espscially with these reserve pump announcements... ounces, pounds, etc in the ground dont necessarily translate to guaranteed dollars, capex and stuff included.
If you can't make current operations profitable, especially at these high prices, this is not a good look.
Right your own ship first before going shopping.
Quite a few red flags flying right now, sadly.
One red flag for companies is being M&A junkies. Espscially with...
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