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Canacol Energy Ltd T.CNE

Alternate Symbol(s):  CNNEF

Canacol Energy Ltd. is a Canada-based natural gas exploration and production company with operations focused on Colombia. The Company’s production primarily consists of natural gas from the Esperanza, VIM-5 and VIM-21 blocks located in the Lower Magdalena Basin in Colombia. The Company’s production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). In addition to its producing blocks, the Company also has interests in several natural gas exploration contracts in Colombia.


TSX:CNE - Post by User

Comment by oilwatcher13on Nov 21, 2022 11:11am
200 Views
Post# 35115356

RE:RE:RE:RE:Going to be a bad Q3

RE:RE:RE:RE:Going to be a bad Q3Just pull up a 10 year chart and you will never invest in this dog ever again.Gamba has consistently over promised and never delivered. Period!

The only person who has become wealthy has been Gamba pulling in his 2 million or so every year with no share price appreciation. He has a serial Board Chairman Hibberd who has never performed his feduciary duty with any number of the Boards he has been Chairman on from Calgary. He is known in Calgary as a rubber stamp Chairman and he has likely profitted handsomely.

Canacol has gone through Analyst by the droves because their is no integrity in the forecasts or follow through on commitments. Just look at the analyst coverage and you will see the obscurity and lack of quality and reputation of these remaining said analysts.

Take you loses and never return unless you want to give more of your investment away.

JMHO
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