RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:My TakeDirksidetrack wrote: I'm betting on they got a good well now. At least enough to attract big money. Let's face it, any big "whale" like Nexen (CNOOC) could swallow fec and oyl with it in a hostile take over right now. Who the heck is driving the sp down and why? Something is in the works. It'll be good for oyl shareholders but the question is how good. In a hostile takeover what premium would they offer to cgx and fec shareholders? Anyway we got Maersk looking for long term contract for its rig and are shopping it out and need an answer soon plus these tens of billions of dollars looking to get into Corentyne. De Alba gotta figure out the best path forward. I'll go with farm in with an Exxon or Chevron to team up with a whale to dissuade any hostile take over. Otherwise I don't see how fec/cgx isn't swallowed up. With or without a good well. The prize is Corentyne as Dfly has pointed out with his geological analysis.
So...
Your reasons not to own CGX, are a result of incorrectly applying blue chip fundamentals to a speculative, wildcat, penny?
And your reasons to own CGX, are based on the posts of a B.S. baffles brains artist?
Wow...