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Candax Energy Inc CXEYF

Energy Oil & Gas E&P


GREY:CXEYF - Post by User

Candax Energy Inc > SHARE PRICE
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Comment by richy41on Nov 25, 2011 12:58pm
308 Views
Post# 19267643

RE: SHARE PRICE

RE: SHARE PRICEMade another nice trade here and finally can say I have traded my way into the green after four years. This stock has certainly turned me from investor to trader as my first buy was @ 70 cents. Only regret is that I should have started trading this stock earlier. The consolidation risk is very high and decided to put my monies into BBI.V and PEN.V  that are drilling the second of four holes with expected 3100 to 3400 boe/d both with less than 50million shares and @ 20 cents. They both have 37% interest before payout which drops to 25% and with market caps of 10million vs CAX's market of 70million. Seems like a no brainer to me but time will tell I guess.
Good look to the ones still here and hope you are as fortunate as I at seeing some green.
Richy
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