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Canacol Energy Ltd T.CNE

Alternate Symbol(s):  CNNEF

Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5 and VIM-21 blocks located in the Lower Magdalena Valley basin in Colombia. The Company’s production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). It supplies approximately 17% of the country’s gas needs and more than 50% of the Caribbean Coast’s gas demand. Its gas fields which produce from the Cienaga de Oro and Porquero proven reservoirs are connected to its central Jobo gas processing and treatment facility through more than 169 kilometers of flow lines, mainly flexible steel flow lines. It operates over 1.5 million net acres in 14 exploration and production contracts in Colombia, with 11 of these contracts focused on exploring for and developing natural gas. These blocks are all located in the Lower & Middle Magdalena Basins of Colombia.


TSX:CNE - Post by User

Bullboard Posts
Comment by Crotchon Mar 12, 2014 9:59am
279 Views
Post# 22312657

RE:Reliability from Analysts

RE:Reliability from Analysts
reapit wrote: Do your own DD and research because half the Analysts ratings are BS... Everytime they say a stock is going to do well it tumbles. I think we are seeing alot of insider $hit going on here with this one now. We have just as much of a clue as they do.


Your tune changes quicker than a flute in a hurricane. Just a few posts ago you were praising CNE's success and management, and now the stock is plagued by nefarious insider activity? 

I'll take any analyst's report on a company over the anonymous ramblings of someone on the internets any day of the week. Without these analysts there's really not a whole lot out there that a retailer can rely on. You can tell people to do their own "DD" and "research" but I'd love to know how this is actually done. I think it's just a fancy catchphrase that amateurs love to throw around to give some credence to their otherwise meaningless advice and observations. 
Bullboard Posts