Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Canacol Energy Ltd (Alberta) T.CNE

Alternate Symbol(s):  CNNEF

Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5, VIM-21 and VIM-33 blocks located in the Lower Magdalena Valley basin in Colombia. Its production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). It supplies approximately 17% of the country’s gas needs and more than 50% of the Caribbean Coast’s gas demand. Its gas fields which produce from the Cienaga de Oro and Porquero proven reservoirs are connected to its central Jobo gas processing and treatment facility through more than 169 kilometers of flow lines, mainly flexible steel flow lines. The Company operates over 1.5 million net acres in 11 exploration and production gas contracts in Colombia, located in the Lower & Middle Magdalena Basins. Its natural gas processing and treatment facilities consist of three plants.


TSX:CNE - Post by User

Comment by JohnnyLingoon Jan 11, 2010 3:25pm
322 Views
Post# 16665183

RE: RE: Chavez

RE: RE: Chavez
Companies can't unilaterally raise their share prices.  Perhaps you were joking and it went over my head, but I assume anyone posting here would already know that.

As for what Chavez would / wouldn't do, the man is an insane megolomaniac with essetially no opposition within his own country.  Long term, that means he's doomed to fail as similar despots have (Saddam Hussain, Hitler, etc.), but short term he'll do whatever the hell he wants with impunity and will cause a lot of damage along the way.  And with Chavez, the thing he likes damaging the most is the US and anything that smacks of capitalism, so I wouldn't invest much more than my lunch money in a company with any significant portion of its assets in Venezuela.
Bullboard Posts