GREY:CXEYF - Post by User
Post by
JOEOILon Nov 19, 2008 11:00am
504 Views
Post# 15595499
Drill it soon
Drill it soonLike I said, secure quality drilling equipment now at fire sale prices and start drilling in the spring.
The oil will be flowing by August or September. The Market should recover by then.
Upside,
OBAMA stimulates market.
Demand for oil increases world wide.
New CAX projects hit the mother load.
Share price grows to $2.00 - $5.00
Downside,
RBS calls in load, or
Price of oil stays at $50 a barrel, and/or
Cax runs out of cash & SP goes to zero.
We totally lose our investment.
Message to Mike & John, get busy making plans. Please don't sit around dreaming.
JOEOIL.