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Candax Energy Inc CXEYF



GREY:CXEYF - Post by User

Comment by mind_businesson Nov 16, 2012 1:39pm
185 Views
Post# 20610841

RE: RE: RE: RE: RE: BIG TIME DEBT (Corpkid)

RE: RE: RE: RE: RE: BIG TIME DEBT (Corpkid)

I stand corrected. Candax does define Deep Triassic multi-Tcf as being "2 to 15 Tcf" in their March 2009 Report. See page 17 of the report.

https://www.docstoc.com/docs/67412710/Microsoft-PowerPoint---March-09-Investor-Presentation

I think common sense has led CAX to stick to "greater than 3 Tcf" in their current presentations to avoid over-estimating to Investors. Candax has a history of over-promising results. However it's encouraging that some estimates are approaching 20 Tcf.

Like I said earlier, let's hope it much higher.

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