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BREAKING: Canadian Overseas Petroleum - a monstrous, and surely illegal, deception as the Fat Lady starts to gargle

By Tom Winnifrith | Tuesday 5 April 2022

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

The purpose of an RNS is to inform investors, not to deceive and mislead them. But that is exactly what Canadian Overseas Petroleum  (COPL) did last Friday, when it published results for calendar 2021.  On the RNS, we were treated to an abridged version, which read positively.  I can imagine why folks rushed to buy. But…

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