GREY:CXEYF - Post by User
Post by
JohnnyOilon Nov 29, 2007 8:44am
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Post# 13886290
Frustration
FrustrationEveryone who owns Candax has a right to be frustrated. There have been endless delays and mis-steps. In fact, securing a new rig for El Bibane and initiating that project is the first success in quite some time. Unfortunately, the mis-steps have a lot of us sensitive to the smallest signs of delays or failures. A couple weeks over for their current drilling schedule is more the norm than the exception. This apparent delay of two weeks is absolutely nothing (check out Oilexco's drilling schedule over the past year ... misses by months).
Bottom line ... you know where we are going, you know what we will be worth, management appears to be executing again, all that is required is reasonable patience. If you don't have it, move on. If you do, sit back and anticipate your future gains.