RE:RE:What is Gabriel DeAlba up too?Interesting article.
Looking more closely online, Catalyst Capital currently owns ~34% of Frontera.
Frontera owns ~75% CGX Shares (so in essence, Catalyst Capital owns ~25% of CGX).
If Catalyst truly does have $1B in capital to spend (as per the article), maybe they will provide CGX with some additional cash (given the de Alba connection) to drill wells and help fund a development program? I doubt it though... Catalyst Capital is probably in the game of making immediate money with deals. We are at least 5yrs away, provided a well was drilled and found to be successful tomorrow morning (which we know is not happening).
On another note, do we hear anything before Christmas from the hardest working management teams in North America?