RE:RE:Cation shorters at it again?Its interesting that the CPG board would release a news letter, asking shareholders to vote agianst Cation as it will destroy the SP.
As an investor I kind of think that the SP has been destroyed already and im not sure and noone knows who has a hold of the share dumping here to keep the price in the dumps, but something unusual is going on here.
I know that CPG is very actively drilling as we speak, and I also know that this is the best time for any company with long term objectives to be working as the contractors are plentiful and cheap right now.
I do believe that staying the course as is, most of us that bought in under 20 will see our money back, people that are in over that range could be waiting for a long long time to see a recovery of that magnitude.
That being said, I also believe that management of any companys salaries should be a direct refelction of profits, which is one reason I like companies such as Surge Energy, and I do beleive that the board of directors here with CPG deserve a spanking for previuosly decieiving shareholders and maybe that time is now.
A proportionate salary to the board and instilling investors confidence im sure are the big reasons that Cation wants in, although I do not believe that CPG is doing anything wrong at this time operation wise.