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Canacol Energy Ltd T.CNE

Alternate Symbol(s):  CNNEF

Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5 and VIM-21 blocks located in the Lower Magdalena Basin in Colombia. The Company’s production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). In addition to its producing blocks, the Company also has interests in several natural gas exploration contracts in Colombia.


TSX:CNE - Post by User

Bullboard Posts
Comment by Georgieboy1on Feb 12, 2011 9:10am
402 Views
Post# 18121946

RE: CNE's share price

RE: CNE's share priceDudes, there's no doubt that we all feel frustrated seeing that CNE has only gained .07 while many of the other good oil plays have gone up.  But, the one thing that keeps things in perspective is what Charle has siad over and over again in the last two news releases: 

2011 is going to be a good year for CNE and our shareholders


Yes, it's a very general and politically corect comment but CNE's mgmt team have delivered almost every time they've said something of such! 

IF you looked at how this is trading on an hourly basis, there's no doubt that once this overhang is done with, we shall be moving forward!  $1.50 is the bottom here for CNE!!

Frustrated, yes, but in the long term, we're going to be fine.   G well results forthcoming?  George
Bullboard Posts