RE:RE:RE:BUCKLE UP
This thing used to be a $5 stock at the start of drilling their last go around ...... using the stock consolidation ratios ie .50 pre consolidation.
it is still incredably cheap
And this does not even take into consideration the recent oil finds in the area.
Any kind of positive news re JV or debt restructuring that does not dilute the heck out of existing shareholders should send this thing flying.
Shareholders here have been diluted and suffered enough all these years....it is fortunate that it seems that so many shareholders of CGX are in the Guyaneese government...They have suffered as well and I don't think managment will want to get too greedy and piss them off by diluting the heck out of their shares........
we will see
continuing to hold and glad I averaged down when we were in the basement
edmed