CGX Energy Inc V.OYL

RE:RE:Mat1791 -

[AnMar]

Mat1791 wrote:

AnMar wrote: Mat's holy words...
...and my unholy responses

Ann, From my original post,

"Third, how the potential materializes and how quickly those potentials and speculated potentials get baked in may come down to tradable liquidity.  

Ok, my mistake - the key words tradeable liquidity eluded me. But, I don't think the blackout period is in effect yet. Perhaps someone can verify that.

CGX = 77% insiders
FEC = 38% insiders"

/*
 ( the only useful bit in this post follows:) -->
If blackout in effect:
CGX tradeable = ~77 million 
FEC tradeable = ~53.7 million  - so illiquidity favours FEC not CGX
*/)

 
Rememeber, you swung first - said big Mat as his wife hit the floor.
(just what it sounds like - metaphorically speaking of course)
I see diplomacy isn't your strong suite neither - so did you re-read your work? 

Call me Ann and I'll call you Barney, call me AnMar and I'll call you Mat1791

Glad to see your busy scoring points and making friends with the natives. 

Not quite, good try...

Your reasoning only works if both companies had the same amount of outstanding shares

If I want to build a 1% position in either company, how much of the float is available on the open market?

CGX - 1% = 3,340,000 / 77,000,000 = 4.3% of tradeable shares need to be purchased

FEC - 1% = 865,000 / 53,700,000 = 1.6% of tradeable shares need to be purchased

"Remember, you swung first"

I could be missing something?  (sincere) 

But your post/reply to my "Back of The Napkin 2", was it not our first interaction??  In my mind that was ground zero.

An - Correction, not natives plural, one native with a new handle every few days..."the collective"

First, something useful for those comparing CGX to FEC value-wise (Corentyne tenement value only):

use a ratio of 11.2 as a fair comparison (FEC/CGX) - meaning: if the price of FEC closed @ 12.69 then CGX should be @ 1.13

OR

FEC should be @ 13.66 if  CGX is 1.22

-------------------------------------------------------------------------------------------
The remainder of this post is for Mat - in other words "it's just nonsense"

Again, amount of shares that are available to trade on the market, during the drill, was my point.  Hmmmm..... ok

Your joking, right? -

CGX - 1% = 3,340,000 / 77,000,000 = 4.3% of tradeable shares need to be purchased

FEC - 1% = 865,000 / 53,700,000 = 1.6% of tradeable shares need to be purchased

What two companys have the same share count?

Let's be clear here - we are not measuring assets/liabilites.

CGX has 77/53.7 = ~1.43 shares/FEC share available for trading. Why you messin' with the peanut gallery? Or, are you the peanut gallery?

Liquidity is a function of the availability of shares and how easily they can be bought without affecting the price/share - at least that is what I've always thought the term meant. You say it's a function of one's ability to acquire a desired % stake ?? - and the peanut gallery cheers you on?? Just goes to show how pathetic the thumbing metric here is. 

Mat, are you ever wrong? 

I suppose if we carry on long enough the Neverland cabal will up-thumb you to a 1,000+ and maybe your head will explode (low swing there but kinda goes with your gas station comment ;) ).

Your new friend(s) -
I was also referring to the long-timers here (20 year plus peanut gallery who have seniority here, are you in that group too?), not just the cabal of 1.
The native(s), a cabal of one, loses his password and needs to create a new account and call himself StewpidPiss, then BoyJurko, now he's Kelvin...MPD much?
Password recovery by email doesn't work for him? Forgot his email password too?
Browser can't store his password?