Canacol Energy Ltd T.CNE

Where have all the Pumpers Gone...!!!!

[oilwatcher13]

Where are you, $8 to $10 dollars by year end.... LMAO

Gamba Factor Continues...!!!

So the plan is to have a new pipeline by 2024 with CNE shareholders taking all the interim debt, so 3 years with no increased gas sales and very little reduction in debt... but still drilling like crazy. As we know from experience, Gamba will over promise and under deliver and over spend.

Gamba continues to get richer but shareholders get no stock appreciation and the divy that may or may not be safe depending on the gas pricing contracts....

So where is the catalyst before 2024 to hold onto this POS... just saying...

JMHO

[oilwatcher13]

Silence is the obvious answer, as you watch all the oil and gas stocks rise with the price increases... can't say I didn't tell you so... but Gamba is being paid handsomely between now and 2024.... JMHO

[oilwatcher13]

I am betting that CNE is in the market buying it's own shares in an effort to pump up the price. It has been stagnent for some time now and with no news seems to suddenly making slim gains. It will be verified in a few days on the insider trading report. JMHO

[renoman1960]

Well oil watcher I took your advice and sold my 5000 shares today. Been in this stock for years made a little bit of money collected divvy but your right dead money. I will try and trade this stock and see if i have better luck.

[oilwatcher13]

I have been watching the Gamba clown show for almost 15 years and I think it is criminal how he runs this company and treats it like his own ATM. He has a serial Chairman of the Board who is a retired Calgary Lawyer who just milks these kinds of companies. I lost count the number of companies that went under with this guy as the Chairman of the Board. Glad to hear you got out with a little money,