Chinook Energy Inc. Common CNKEF

RE:LXE at $15.9/boe (81% Gas), NEW CKE at $2.1/boe (83% Gas)

[profittaker1]

As a former CKE investor (sold at $0.48) you need to ask yourself what CKE will be able to do with only $2 million in cash at year end. Will they be able to access enouth credit until natural gas prices move upward, getting them to sustainable growth within just cash flow? Various posters and writers (you know who) are missleading so many investors with half truths (not only in analyzing CKE but also leaving out material info about other companies such as forgetting to mention a 5.2 km step out by LXE at 1060 boe/d 54% liquids in their analysis). Everyone here please please diversify somewhere outside of pure nat gas. Not so sure this won't get bought out at distressed prices. Just watch the stock price, not what people are saying. They will try to talk it up as it drops. I though $0.40, 18 months ago was the bottom, then it was $0.355 yesterday, what will it be next? The market speaks louder than any of us could. I don't have any agenda, I am not short and I don't think sharing news actually affects stock prices. But sharing real information is valuable to investors so they can make objective decisions. At least it's valuable to me. Best of luck CKE investors.