Caza Oil & Gas Inc. CAZFF

RE:RE:Be Cautious - News Out

[ROIcrusader]

I agree with all your points;

Analyst price expectations (I believe 70 is optimistic)
OPEC - Yup wildcard
Yorkville - good point about credit analysis

In my humble opinion, your last sentence should overshadow all of the above "bought some time while the going gets tough".

If you need a loan to run your business and there's no indication of future development, drilling, or increased production and no indication of when the price of your commodity price will increase...(let's face it, no analysit in Oct 2014 was calling for $50 oil) that's a tremendous amount of risk.

If you want risk, then this might be your thing. Caza at 14c looks cheap if it takes off ... but Caza at 0 is a realistic possibility.

42m in debt, 200m shares oustanding and under 2000 boepd production with no increase in the foreseable future = a bleak financial picture. 

*** I used to be a shareholder, and was very optimistic about the prospects for this company, LOVED the high netbacks. I still own a couple of oil names, but at this juncture it concerns me that people might be "investing" in this company.

Any purchase of Caza shares should be viewed as HIGHLY SPECULATIVE (based on the dynamics of the international oil market shifting) and should be taken with risk capital.

Want to grow your wealth? Add to your winners, sell your losers.

GLTA