KAWA-1We have all waited years for CGX/Frontera to drill this well and hoped the SP would react in kind.
It has, many will be taking profits and rightly so.
I have not sold a single share and will hold to the end. If KAWA is successful I will be elated, If it's a dud I will need to take some time off work to deal with the depression....you know that sinking feeling, second guessing my decision?
For me I have waited too long and suffered the 10:1 consolidation to settle for just what our SP is right now.
I truly hope they find the MOTHERLOAD!!!
In the event they don't find commercial quantities I hope they find at least a promising Hydrocarbon system which would lead to a JV.
Would this be the end or just the begining of CGX?
They should be through the Santonian by now or very close to the bottom of it.
What a dilema....how does one manouvre this scenario
Keep the faith
GLTA