Cequence Energy Ltd Common CEQXF

RE:Someone is really emptying the pot.. due to lack of buyers

[RollinInDough]

always weak companies like CQE that get hit the hardest... certainly significant doubt as to this company's ability to survive.. really significant doubt.

I sure don't see this improvement that estevan poster suggest he sees... If you look at all you see the problems, lack of money, poor pricing etc... really doubt the company survives... it will have to merge or a buyout... it is simply in over its head and too many negatives facing it.

you could lose every penny here... and the upside is limited because they are in survival mode so no big pop coming... the company will just look around for a way out of this mess, giving up to a stronger company.  but they are one of many looking for the same white knight to save them from going under.  and in reality this company has nothing notable to offer or entice a partner.

so many better place for money... like NWX at about the same price but NWX owns a royalty on one of the best oil plays onshore in the world... cheap oil coming out of their play... that is what you want to own... a production platform offering cheap oil... like $5 a barrel!  and still in the early stages with staggering results like... a 4 well IP of 7000 bopd... and two other wells into other fields with IPs of 1600 bopd and 2300 bopd... big oil wells... imagine... drilling verticals doing over 1000 bopd.... and new use of horizontals flowing over 1500 bopd up to 2300 bopd... impressive... all different fields within a oil fairway the NWX gets a gross GOR on... royalties are good money, no cost, no expiration just pay me a percentage of every barrel you lift from this huge land spread that controls this entire oil and gas fairway... !  LOL