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Bullboard - Stock Discussion Forum
Candax Energy Inc
CXEYF
Energy
Oil & Gas E&P
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Bullboard (GREY:CXEYF)
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simonquinn
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Post by
simonquinn
on Nov 15, 2012 10:59am
IDIOTS
Why is it that something so simple is made so complicated especiall by the aptly named Blind bat? Candax has no money to drill wells. This is why they gave away 90% of their interest in
...more
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BlindBat_1
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Comment by
BlindBat_1
on Nov 14, 2012 9:16pm
RE: RE: BIG TIME DEBT
Maybe you ought to read what you type to understand my point - but no worries off you go in the clueless bucket! I'll let John know you said hello !
(0)
•••
Corpkid
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Comment by
Corpkid
on Nov 14, 2012 9:10pm
RE: BIG TIME DEBT
Whats your point regarding candax spending a pretty penny on El bibane in 2012. My point: candax is not going out and contracting a jack up rig with a day rate of $185,000 to redrill el
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(0)
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Corpkid
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Comment by
Corpkid
on Nov 14, 2012 8:49pm
RE: BIG TIME DEBT
Whats your point. Candax did not have a tanker lifting for the quarter. It's well known earnings will be choppy due to the timing of liftings. Whats your point regarding EZZ
...more
(0)
•••
BlindBat_1
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Comment by
BlindBat_1
on Nov 14, 2012 8:04pm
BIG TIME DEBT
I appreciate the perspective and optimistic view, but must intervene here for a minute....Allow me to chime in on various point you bring... Candax did not have a tanker lifting for the
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(0)
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Corpkid
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Comment by
Corpkid
on Nov 14, 2012 7:00pm
RE: RE: RE: RE: RE: BIG TIME DEBT
Candax did not have a tanker lifting for the quarter, will show up next quarter with tanker lifting Candax has been drilling as part of the workovers on Robanna and Ezz. New EZZ infill
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(0)
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simonquinn
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Comment by
simonquinn
on Nov 14, 2012 6:09pm
RE: RE: RE: RE: BIG TIME DEBT
Cash cost per mth = $1ml just to stay afloat. Cannot afford to drill - owe $30 million to Geo. ElBibane has been a nightmare and production could cease anytime - hopefully not - but certainly has in
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(0)
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Corpkid
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Comment by
Corpkid
on Nov 14, 2012 5:48pm
RE: RE: RE: BIG TIME DEBT
the company is sitting on 20 trillion (circa) cubic feet of gas and if you extend beyond the borders of Candax the gas moves up to the 200 trillion cubic feet range. Believe me
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(2)
•••
cloudrunner
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Post by
cloudrunner
on Nov 14, 2012 12:44pm
Welcome briefer...
meet the villiage 1d1ot.. slimon meathead.
(0)
•••
simonquinn
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Comment by
simonquinn
on Nov 14, 2012 11:43am
RE: RE: Quit The Whining
Like this one by - blindbat - on the 1st of Nov -BB, I no longer predict bottoms of these speculative stocks. Your guess is as good as mine. Looking at some past and current valuations may give us a
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(0)
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simonquinn
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Comment by
simonquinn
on Nov 14, 2012 11:41am
RE: Quit The Whining
I post facts just like I said before. Where were you when others talking about 10 cents a share and exit strategies two weeks ago?
(0)
•••
briefer
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Post by
briefer
on Nov 14, 2012 11:16am
life line not kife eom
1
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•••
briefer
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Post by
briefer
on Nov 14, 2012 11:13am
Quit The Whining
the debt is nothing new. Geez these guys throw a kife line & some think it can be turned around in a year. !! If you bought & held this as it fell nobody to blame but yourself & if you
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simonquinn
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Comment by
simonquinn
on Nov 14, 2012 10:35am
RE: RE: BIG TIME DEBT
Debt is money owed. Cetainly effects the sp. Until this is paid it hangs over the company big time. Another mis-step in a long history of them sends CAX into bankrupty. Geo not likely to send
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(0)
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Corpkid
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Comment by
Corpkid
on Nov 14, 2012 9:35am
RE: BIG TIME DEBT
The loan is payable to the majority shareholder (Geofinance-65% ownership of Candax), so I'm not concerned about this loan in the least. If it were the another financial institution-yes
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