RE: RE: Voting There are a lot of respected longs on this board, but there has also been a large in-flux of bashers, shorters, idiots, and uneducated childish posters recently. This stock is obviously shorted and that will continue until shortly prior to the SGM. However, shorters be very careful subsequent to the meeting!
Out of respect to Charlotte and CGX I promised not to publish extracts of our conversation on this board as that would be against the governing rules of the TSX. CGX cannot participate in blog boards of this nature.
I sincerely apologize to the longs, the rest can go to where the monkeys stuff their nuts!
Please believe me when I say that this is not a one-up-manship tactic on my behalf. Alternatively, I would strongly urge those of you who are seriously concerned about the situation to please call Charlotte. She is also frustrated about the whole situation, but I am sure that she will be as forthcoming as she can related to your questions.
My own feeling is that when the two issues are approved at the SGM, PRE will move very quickly to get back on track to be drilling next year. When all is said and done PRE has to be very excited about the future of Correntyne.
Also, with the latest oil & gas reserve estimate for the Correntyne prospects, and if we reach full recovery potential could result in a share value of approximately $8 with the post PP and warrant share total.
So all is definitely not lost, we still have a chance, and we must rely on PRE to respect our position.
Any further dilution must have the approval of the shareholders.
We all need to re-consider why we bought into this company, we all new that it was a typical oil exploration gamble and lets hope that the gamble still works out!