Hi all

this is the first time on the site. so I purchased Oilexco about three or so weeks back when it was 3.35. Since then nothing but headaches. I guess we all should have gotten out. I think this one is tanking. the only positives that I can see are:

a) oil turns around in a hurry

b) they are bought out

c) they are lucky enough to secure further loans in late January

The shares are so low I may even purchase more....on a very speculative buy. It sounds like they have been given an additional 210 days to figure out life with the TSX. The problem is the January 31 deadline......damn it.

This was supposed to be a very good company. I am hoping it does not sink. Could we sell the airplane please???