RE:RE:RE:RE:RE:Interesting
QE in the USA is where companies borrow money from the banks at very low rates, and buy back their shares, hence fuel share prices up - "drive the SP up".
These CGX shares were at 1.30 before reverse split on the bold announcements from CGX (controlled and owned by PRE) that they would attract investors.
Well here we stand at .30 cents (read 3 cents).
Everyone can read what I have posted many months ago.
Now I have this feeling - that PRE is keeping CGX in the reserves, for later action, much later action.
And there is also the case where news (rumors) were circulating that PRE had put themselves up for sale.
Suffice to say, CGX will be around for many years to come, albiet it conditions we may least expect.
And PRE/CGX is only meeting their mandatory one hole in 2015, which was extended by six months courtesy of the Guy Gov.