RE: RE: new CGX It was explained that PRE is going to be losing a large part of their capacity of oil which they are producing now. PRE wants to replace this lost capacity. Also the oil which PRE is recovering now is heavy oil. Guyana oil is light oil. If they could mix the light and heavy oil it would be better for refining. Guyana has a lot of pluses for PRE.
There has been a lot of VERY NEGATIVE information put on this board. Enough of it that I was starting to wonder myself. When investors don't get information from the horses mouth and only post their speculative information they are hurting the investors which come to this board for information.
I have been to very many AGM'S and always tried to make some of my own opinions. No doubt about it but this is the best meeting I have ever attended. After all the negative postings on this board I was getting very discouraged, Now after talking to people from the company and having information explained and confirmed I was able to sleep well last night. I am a believer again. GLTA fiero