Candax Energy Inc CXEYF

DRILL BABY BRILL

[simonquinn]

Now can they at least initiate one drilling program?

Or tell us if they have a rig and/or on the way.

This is what they have been waiting for - money.

Now maybe I can make some - before -

the big

consolidation

of shares takes place.

Definately in CAX future and I will not be here for that.

But hope to make some money before it happens.

[JOEOIL]

our shares will be watered down some more?

[simonquinn]

With over a billion shares and hundreds of millions of warrants the end result sometime in the future will be a reverse split. There are only about 200 ml shares not held by insiders and trading. So whenever the sp reaches a level I like I will start unloading. First to get my money back. Then profit. But definately will not be in for the reverse split.  

[JOEOIL]

I'm not putting in one more penny until I see the number of barrels of oil come out of the ground!  Until then it's just a casino....   As they in Missouri......"Show me"

[BlindBat_1]

The number right now is ­ 300 bopd (NET) hence clocking roughly $1 Millions of revenue a month at today's going brent, aiming to beat 700 by year end..   But an updated presentation offering guidance and defining goal posts, would indeed be appreciated....shall soon be time for an email I think.

[simonquinn]

Last e-mail was not answered which was unusual since they always did before. Their burn rate was $1ml a month but this was some time ago. Sitting on cash and now is the time to start something.  Even if it comes up short they have enough to move on. What about the partners and their programs? I came into some cash yesterday and bought some even though I had sold at same price two mths ago