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Bullboard - Stock Discussion Forum 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 Valley basin in Colombia. The Company’s production also included crude oil from its Rancho Hermoso block in Colombia (Colombia oil). It... see more

TSX:CNE - Post Discussion

Canacol Energy Ltd > Gamba Clown Show...!!
View:
Post by oilwatcher13 on Feb 17, 2021 10:46am

Gamba Clown Show...!!

CNE has not purchased / bought back any shares since the end of December because they are not even covering the divy expense right now with the current expenditures and gas sales / production levels.

Dead money until 2024... funny he hasn't announced the consortium who will own the 75% of the new pipeline. CNE is funding 80 million to design / engineer and build it... take all the risk then sell it to his buddies as a no risk investment.

Gamba's personal ATM continues....

JMHO
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