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Cuda Oil and Gas Inc V.JNX


Primary Symbol: JNEXF

Cuda Oil And Gas Inc is a Canada based company. The main activity of the company is oil and natural gas exploration, development and production in the Province of Alberta, Canada and in the State of Wyoming in the United States. It derives revenue from the sale of Crude oil, Natural gas and Natural gas liquids, of which a majority of revenue is earned from the sale of Crude oil.


EXPM:JNEXF - Post by User

Bullboard Posts
Comment by buxtondudeon Feb 27, 2015 3:40pm
127 Views
Post# 23473637

RE:Longer Term Plan?

RE:Longer Term Plan?Agree on people trading penny stocks but you would have credibility if you could substantiate the terrible costs on this drilling. As far as I know, JNX has always been very prudent with their money and the costs for oil is $20 a barrell, so depending on the price of oil on the market. Also, the story here is there might be an interesting oil reserve, it's worth something.
They also had Bernard Lemaire of Cascades who paid 30% of the drilling, if this guy was ready to put that much money, there must be a reason.   
Bullboard Posts