RE:RE:RE:RE:Value csculations?TickerStock101 wrote: Please explain how you say it not commercial? When they have independent geologists saying that it is. Facts please not your opinions.
I don't post a lot here, but lurk often to watch the tire fire that is CGX. Harel is not wrong in most of what he posts.
Ticker, did you not read the last Press Release from December 11? If you did. you would know they are not commmercial at this time. They have de-risked the block, but are not commmercial.
Professor Suresh
"...
we are encouraged by the definitive presence of oil in the Corentyne block, and our commitment is being rewarded with potentially commercially viable prospective resources..." Potentially commercial... NOT commercial.
Orlando Cabrales
The Joint Venture remains excited about the Corentyne block's potential in the highly sought-after Golden and Silver Lanes Again talking about potential... so NOT commmercial.
In the middle of the presentation they state...
"
As is normal course following discoveries such as those made by the Joint Venture at Wei-1 and Kawa-1 wells, additional appraisal activities will be required before commerciality can be determined." Again... NOT commercial.
These are not my opinions, these are the facts. Corentyne as of today is NOT commercial.