Post by
SheDrills on Jan 07, 2023 6:10pm
Frontera Chart
Quit squabbling over CGX versus Frontera. Frontera chart was punished as it's an established emerging market asset. It's chart will continue to underperform until the dollar weakens or until growth funds realize the Guyana story. Fund flows move Frontera not retail investors. Meanwhile CGX isn't exposed to fund flows...just unsophisticated, over emotional retail investors who don't understand what it is and how it value and trade it. This is why everyone should just own both and quit in-fighting.
Comment by
SheDrills on Jan 07, 2023 7:27pm
Frontera stock is 100% a buy here. The political downside is priced in. But again, it subject to fund flows...those same funds will come running back when emerging markets are back in vogue and they will be. If I was calling the shots at Frontera I would sell 51% working interest after Wei then absorb all of CGX. Since i own both, I'm happy with that.
Comment by
ljmorin on Jan 07, 2023 10:38pm
Ok then, like I said. I don't have to agree. Do you not get that?
Comment by
ljmorin on Jan 07, 2023 10:52pm
You couldn't call the shots when you said they would spud next week? just saying so called expert when Starky said that when they picked supplies at T&T exactly like they did at KAWA 1.
Comment by
SheDrills on Jan 07, 2023 11:30pm
If they get moving in the next few days they can still spud next week....but that doesn't have anything to do w/ calling shots because whatever maintenance is being performed will be completed according to it's time and the skill of the technicians. You've never once made an argument articulating a valuation thesis. I suggest you don't drink and post.
Comment by
ljmorin on Jan 08, 2023 2:06am
I suggest you should understand geopolitical attributions as well, Brazil also. You have been incorrect there also. You also said you were never going to post here again? So, .... which is it?