TSXV:CART.H - Post by User
Post by
MiningMasterAuon Oct 19, 2019 1:04pm
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Post# 30247380
Several new bashers this week
Several new bashers this weekThe fact that the onslaught of bashers have arrived clearly means that some person/group is trying to shake down stock before results are out. Cub has only drilled one on Uzhgorod to date, moving onto the second pretty quick here. Things move slower in Ukraine and I was surprised given that I have extensive background knowledge in oil/gas of how long these things take. But 6-8 weeks for drilling/testing per well(keeping in mind one well can be tested while a new well is drilled) and we won't have the 3 JV west lease wells done until December. My hope is that Cub Energy can announce results as they go, but again it depends on if the JV NAFTA is ok with this as they are paying for all these wells, meaning ZERO RISK to CUB if there's no bill to be paid. Now our JV well in the East should be starting shortly and that will be a fresh well that's based around many already producing recompleted wells, so odds of hitting are in the 90% range.
These scum bag manipulators will do whatever it takes to scare people into seling. Make sure you report all the accounts and also let Cub Energy know. This is an American based company that's listed in Canada and the United States. They will gladly go after anyone spreading defamation and fake news.