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Citation Resources Inc V.CTT



TSXV:CTT - Post by User

Bullboard Posts
Post by zagorskon Jul 12, 2006 8:18pm
173 Views
Post# 11108045

Perfume on a pig?

Perfume on a pig? It's more like putting stink on something that is not that bad. These guys are purposely trying to lower the price of this stock so they can buy in at a low price. Every news release is put in a negative light. Let's face it. Everybody will be cutting production because the pipelines are full. 3 new discoveries bodes well for future production and reserve additions. C1 has about 4.5 million BOE in reserves and Kiskatinaw, Royce and this new one will add to reserves. Even at $15 per BOE C1 is still worth $2.00 per share minimum. These guys should not be allowed to manage a publicly traded company.
Bullboard Posts