Looking GoodThe bids are building up quite nicely. Everyone is holding their shares tightly right now awaiting more news. I'm expecting the next positive news release to move this stock up to the $0.50 level. With a 20% interest in a 4-well oil/gas project, the shares will not stay at this level following a detailed news release regarding the drilling date, seismic info, etc... I would not be surprized to see CDO make another acquisition in this sector either. When the placement goes through they will have enough cash to look at some other projects and drill the 4 wells as announced in the last news release.
tk