The assimilation continues...Does somebody know something? Is JDC trying to unload before the possiblility of bad news coming out? CFO dumps most of her shares... CGX management does not inspire confidence, they really don't have any skin in CGX.
So what is FEC up to? If the well results are bad, then let the friends unload first?
I think it is possible that they have reached target depth with Kawa-1 - Sapote-1 has completed and to a similar depth in much less time; I believe Sapote-1 was spud after Kawa-1 (I could be wrong), and yes, I am aware of the differences between the two. I think whoever is selling CGX should be forced to unload their shares under a $1, anyways, time is running out for them so let's see what happens.
IMO, buying FEC is a gamble, buying CGX is scarey - best of luck to you guys.