Post by
dragonfly454 on Dec 17, 2021 6:36am
Strategic vs Tactical
A strategic opportunity from the perspective of CGX is not one to take a well to TD but one where a serious player is brought in to take this to the next level..so Level Up ... A tactical move would be if there was just some minor indications and they wanted to push beyond TD to Turonian then any investor willing to "bet" may suffice ..but with "strategic" being in the wording I'm reading it to mean an investor that brings more than just $35 million to the table to push this to 6685 meters ..this is the "strategic" move ..some of us so long in this can't handle positive news without being overly cautious...anyhow ..just a little heads up ..in my opinion the Campanian is just the tip of the oil-berg .. reservoir quality and seals going deeper fully derisked and the quantity of accumulation only gets better...what is in the NR is the shadow of what is happening behind the scenes...as CGX positions and bargains "strategically" to move this Little Juggernaut into the future..expect more snippets of info relating to financing as agreements are reached..right now the rig smart board is focused on safety/environment and the posture is Oil Struck.Anyways we catch up this evening.Cad $3.00 today ..