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Candax Energy Inc CXEYF

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GREY:CXEYF - Post by User

Candax Energy Inc
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Post by smittyfrompaon Jul 31, 2008 4:34pm
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Post# 15349470

Market reaction

Market reactionWhy anyone would sell this issue below $1.25, after today's news, escapes me. Tunisia ceratinly has no surplus of oil or NG, and the recent deal between Libya and Gazprom should clue people in, to where this thing may go. Question : the website seems to indicate a subsea pipeline that runs from Tunisia to italy, presumably NG. Is there any spare capacity on that line ?
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