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Candax Energy Inc CXEYF

Energy Oil & Gas E&P


GREY:CXEYF - Post by User

Candax Energy Inc > BIG TIME DEBT
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Comment by simonquinnon Nov 14, 2012 6:09pm
125 Views
Post# 20601185

RE: RE: RE: RE: BIG TIME DEBT

RE: RE: RE: RE: BIG TIME DEBT

Cash cost per mth = $1ml just to stay afloat.

Cannot afford to drill - owe $30 million to Geo.

ElBibane has been a nightmare and production could cease anytime

- hopefully not - but certainly has in the past.

Unless you got all that gas - and CAX has very little of it - then you cannot sell it.

Talking big numbers for a 3-4 cent stock.

Obviously you must know more than the market.

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