RE:Where do we go from here?I'll take a shot and try to predict the future.
Two scenarios.
One: They sell cgx port land and remaining 30% of oil stake. Frontera sells their stake too. Frontera goes back to Columbia. The book of CGX is closed.
How much for those thirty acres? It best be done before December 3rd. Maduro the tin pot dictator is a loose cannon. One USD a share. A 2.5 bagger from here. Nice premium huh? I'm in at an avg of 70 cents. Avg down this week from 90. Good money after bad or closer to break even? Time will tell.
Scenario Two: Good ol' Frontera buys us pathetic minority shareholders out at 1 dollar and now we are all frontera boys and girls, and the game goes on. No it doesn't. We lost the vast part of our corentyne stake today supposedly. All that undiscovered potential now gone. An unmitigated disaster IMHO.
I prefer # one.
GLTA
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