GREY:CIMVF - Post by User
Post by
mackmanon May 12, 2002 12:11am
454 Views
Post# 5102930
Put up or....
Put up or....So bandit,tell us EXACTLY what the future holds for CQV and its investors...that way you might save some people some money if what you say holds water,and at the very least you will have bragging rights on all of us when everything falls apart.I feel that CQV will complete work prior to the AGM which will allow them to produce 2-3000 bbls/day.This will enable them to put some rough estimate to-gether to-wards possible reservoir size,which will make either partners,private investors,or banks have enough comfort level to back them financially for future work on the play.JaneJane's posting about possible production and lack of reservoir size to date is very promising,as financially speaking,anyone who specializes in the oil industry does it based on PROVEN reserves in the ground,not necessarily what is flowing out of the tap.With a producing well,and seismic indicating an unknown anomaly size,CQV becomes very attractive as an investment opportunity for both financial institutions and us the great,unwashed,investing public. Or,maybe Juan De Guzman came back to life and John Felderhoff changed his name and moved to Newfoundland.Who knows,and in the long run,who really cares.Barrhead,you seem to know what you are talking about,does this scenario ring true for you???