Presentation thoughts 1) Maastritchian zone looks promising!!
** Would have loved if they actually pointed to how many wells were required/associated cost before production might occur. This is obviously the massive unknown still and they avoided any further discussion on this topic.
2) No company is going to pay for upside potential in the deeper zones. Sucks but that's the reality.
3) Mark Zoback is useless. Speaks with no passion and gives vague answers. He is a great example of someone who probably questions nothing Frontera offers in WI negotiations and probably is OK with CGX going down the toilet. Fantastic researcher but bloody useless businessman. It's guys like this who are directly responsible for CGX being in the position it is today.
4) where in the hell were the two bums De Alba and Suresh? These losers love putting their quotes on the news releases but never actually show up to any of these meetings. Useless cowards.
5) other than a couple buyers this morning, the share price isint exactly reacting positively to the news release. Before the November debacle, we were sitting at $1CAD... now we sit at .40 CAD and going no where fast. Unreal.
6) looks like our only hope now comes down to a JV/farmdown deal. Sadly, the share price will only move then. Talk about zero hope in a company from the market and truly an example of "show me the money".