Candax Energy Inc CXEYF

IR speaks

[OceanRanger1]

I fired off an e-mail to a contact at Geo because there are just so many unanswered questions.

When I wrote the e-mail I hadn't seen the posting from the circular on Chaal. Just coincidence my question was answered from this board at roughly the same time I requested the information. Chaal is our major short-term drilling prospect so with the situation on the Madagascar lease fresh in the old memory bank a light bulb came on that verification of a valid lease at Chaal was critical to our future success. Maybe I'm not so dumb after all.

Anyway the following is pasted from my e-mail box to this board without modifications of any kind. Only the identity of the sender is with-held as the risk of retaliation from the ethnic troll population is ever-present.
 
Members are reminded to remain vigilant in keeping the new and improved candax forum "troll-free forever". There are a considerable amount of resources being spent in an effort to gain intelligence on the exact movements and habits of the troll population, The idea being that it is much easier to defeat your enemy when you are armed with detailed knowledge of their habits.

 
Members will be updated as new research material becomes available.

   
Ok now that should have shaken off any troll reads so on with the meat of the post.

The following is my e-mail then followed by the thinnest of replies. The only bright spot is the fact that we will be given an update at any time now. There may be a purpose to their delay. Maybe they are waiting on an event like say completion of the current work-over on el bibane?? Maybe. News on Chaal from the government?? Maybe.

In any case resumption of production is imminent. That should strengthen the share-price just a little. 


"Hi Mr. Roudot,


I am a shareholder of Candax Energy.

As you are likely already aware the Candax shareholders are thirsty for news.

Can we expect an update from the new team anytime soon?
Even something as simple as a confirmation that we have a full compliment of
boots on the ground and we are underway would be so uplifting to the shareholders.
We have had a rough ride and are desperate for confirmation that we have been
saved.

The work program for El Bibane was scheduled to start some time ago. Can you
update the status of the workover. Has it started? Anticipated completion?

The long term shareholders will automatically double the anticipated time to complete - it's known
as the Candax factor. Maybe you heard about it.

It's kind of like the Bermuda Triangle of the oil and gas sector. We all need confirmation
that we are clear of the Bermuda Triangle if you know what I mean. Please confirm that
this company has emerged from the "Triangle" and we are underway.

Hurry! We're drowning over here.

Also could you comment on the status of the Chaal lease. Where do we stand in terms of ownership
on Chaal? Does Mitsubishi still have earn-in rights to Chaal? What is the status of our
commitments on the lease to the Tunisian Government?

Can you comment on how Geo intends to use Candax. Are the holdings in Candax strictly
as an investment? I understand the company is in tatters now so will they fix it up
and flip it once they have unlocked the value or is this holding more of a beachead? Will Candax
become the flagship for Geo?


Any comments will be greatly appreciated.


I will post your information on the bullboards to help get the word out.

***Please add me to the company e-mail list.***


Thank You,

XXXXXXXXXXXXXXXX
(name with-held to protect the innocent)"



Reply from Geo:


"Many thanks for your message and for you interest concerning Candax.
The new management has been appointed last week and they will revert to you soon.
Best regards,
Hubert Roudot"


Weak reply but It is clear that we will get an update from the new team really soon.
 
What's with the wording of the reply though. Who uses language like this? "the new management team has been appointed last week"?,"they will revert to you soon"?, excuse me?, what was that?

OK so I go to the dictionary now and here it is.
 
REVERT = Meaning #1. "to come or go back"  

Ok so they will come to us soon as they have just been appointed. Wow. 
I think we might have royalty running this company now. These are only words but who uses words like this? 

Answer = someone with a pedigree for sure.

This is only a small clue but I have not the slightest doubt that we are in good hands now. We have been saved.

My confidence remains unshaken and I stand long and strong on Candax.
 


Still swinging for the fences.

Run baby Run!


OceanRanger"Hi Mr. Roudot,I am a shareholder of Candax Energy.As you are likely already aware the Candax shareholders are thirsty for news.Can we expect an update from the new team anytime soon?Even something as simple as a confirmation that we have a full compliment ofboots on the ground and we are underway would be so uplifting to the shareholders.We have had a rough ride and are desperate for confirmation that we have beensaved.The work program for El Bibane was scheduled to start some time ago. Can youupdate the status of the workover. Has it started? Anticipated completion?The long term shareholders will automatically double the anticipated time to complete - it's knownas the Candax factor. Maybe you heard about it.It's kind of like the Bermuda Triangle of the oil and gas sector. We all need confirmationthat we are clear of the Bermuda Triangle if you know what I mean. Please confirm thatthis company has emerged from the "Triangle" and we are underway.Hurry! We're drowning over here.Also could you comment on the status of the Chaal lease. Where do we stand in terms of ownershipon Chaal? Does Mitsubishi still have earn-in rights to Chaal? What is the status of ourcommitments on the lease to the Tunisian Government?Can you comment on how Geo intends to use Candax. Are the holdings in Candax strictlyas an investment? I understand the company is in tatters now so will they fix it upand flip it once they have unlocked the value or is this holding more of a beachead? Will Candaxbecome the flagship for Geo?Any comments will be greatly appreciated.I will post your information on the bullboards to help get the word out.***Please add me to the company e-mail list.***Thank You,XXXXXXXXXXXXXXXX(name with-held to protect the innocent)"