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Candax Energy Inc CXEYF

Energy Oil & Gas E&P


GREY:CXEYF - Post by User

Candax Energy Inc
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Comment by mind_businesson Oct 09, 2006 8:39pm
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Post# 11480461

RE: Wise advice

RE: Wise adviceR21140, excellent post. Definitely wise advise. I believe that Candax is a relatively safe bet at these levels ... however only with a longer term investment in mind. With oil and gas continuing to cycle downward it will be at least a few months before we see any significant movement. El B will undoubtable start producing within 6 months. It will be interesting to see what decisions are made regarding Chaal. Either way these are great levels to buy into an energy company, let alone a company with current valuable assets and a healthy cash balance. I've done well once buying in at $.48 and selling at $1.25. Hopefully luck will be on my side again.
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