RE:RE:Market CapsBasher. it's FEC which is overvalued!
FEC has nothing going for it, but some measly oil in Columbia, et al!
The only thing FEC can crow about is CGX!
CGX has been plundered by FEC (Taal has better superlatives). Thanks to the likes of Suresh and others who have been sitting there, collecting fat salaries and other perks!
CGX has been sitting on TONS OF OIL. It has been starved and screwed by FEC! DeAlba has his feet in FEC and CGX!
The rest is just a cheap charade! To acquire the acreage CGX had, would have cost billions for a new entrant. FEC got CGX for a pittance!
CGX should have drilled those token wells to keep Berbice and Demerara, and later sell them, or bring in joint partners.
Sad but true.