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Cuda Oil and Gas Inc V.JNX


Primary Symbol: JNEXF

Energy
Cuda Oil And Gas Inc is a Canada based company. The main activity of the company is oil and natural gas exploration, development and production in the Province of Alberta, Canada and in the State of Wyoming in the United States. It derives revenue from the sale of Crude oil, Natural gas and Natural gas liquids, of which a majority of revenue is earned from the sale of Crude oil.


EXPM:JNEXF - Post by User

Cuda Oil and Gas Inc
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Comment by riptoron Oct 26, 2010 10:59am
460 Views
Post# 17612365

RE: $3.00 gas

RE: $3.00 gasWith the assets these guys have along with share float, and shares held by institutions and insiders, this should be way higher regardless of gas price. What happens when gas is rescheduled to 10 to 1 instead of 6 to 1 boe and current reserves reported for oil companies fall through the floor ??  Every company will need to buy reserves - maybe hopeful thinking but I bet this happens sooner than later.
With regards to your projections and predictions what is your reasoning ??
I do own also ede.vn  ( edge ) these guys are drilling and making money - see news release to confirm. I don't mean to pump them but no problem finding a crew for their drilling - just a lack of money being offered to gas plays causing trouble.
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GTTA
Riptor
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities