Canacol Energy Ltd CNNEF

CNE takes 19.9 % of little old AXL !!!!!!

[gamer007]

Interesting to see a big fish take interest in a small one.............AXL has 3 oily properties to now start sucking oil and gas out of ..................and the cash to do it with !

[Greyballs]

OMO this doesn't pass the smell test of an investment by Canacol. Feels more like a favour to get a financing over the line for "friends".....if it was worth anything Canacol should have just bought it. Would anyone be surprised if certain Canacol executive are the owners? Tik tok

[lamothze]

AXL is basically a spin off of old Canacol oil leftovers so no big surprise here

[oilwatcher13]

OMG, this is a Gamba deal gone bad as Canacol was never paid the money it was owed from the original deal and sale of pennies on the dollar to get the oil assests off of CNE books. Just another Gamba failure and nothing to write home about... the guy is a scam artist to all CNE shareholders.... did you notice CNE has not bought back any shares for almost 2 months now, what does that tell you

[cyber37]

There is some talk (on VLE site) about CNE being interested in a straggling exploration company Valeura that operates in Turkey. Not sure how much credit is there in this ….but Mr. Gamba may have some plan to diversify into Europe & use AXL to raise capital for it…….interesting!?. G37