Candax Energy Inc CXEYF

RE: Huge Support

[JJump23]

Yeah Johnny, but me, you, and everyone else knew that .86 was not going to last. Our NAV is app. 1.07. No one in their right mind would expect Cax to have support at .86. For example, Cll went down to app 3.23/share. I mean, that company is a solid junior O&G company with wonderful and PROVEN resources. Look at it in the past 2 days, up considerably. Same goes with, Breakwater, PDP, ONR, CanAlaska, and CAX. We should not be happy with our SP at ALL. Yes it is up, but that doesn't mean anything. We should be in the 1.2 range at least. NOW....if you were to tell me that we should be happy with how the TSX performed today, then i would probably agree with you. This correction went too far down and scared many investors. The increase in interest rates killd our market since people re-evaluated their investement positions. Everything is down, and we shouldn't be saying "at least it is not in the 80's or 90's".Then again, we can't control the market, so i understand where you are comming from. JMHO Johnny.