Post by
Ponzihunter on Mar 22, 2022 10:02am
Watershed Moment
This is a company that's gone through a lot of "concept" plays. I've traded in and out of the stock for years, especially prior to the shares consolidation. About three years ago, they were close to a huge shale play in Louisiana, but it didn't quite get there, mainly because of the then super low crude price, and the lack of funding for juniors of this size.
The Gabon play, imo is a testament to the stayability of the guys behind this version of CE.H. It will finally put them beyond the status of "junior exploration wannabe". For those reasons, I've bid for an additional 2.5% of the public float . . . and if filled once the cto is lifted, I will work to expand this position.
Congratulations to everyone at CE.H who worked so tirelessly to bring this to fruition!
Comment by
yixter on Mar 22, 2022 2:40pm
I think this will likely go on a run when and if this silly halt comes off. Float is low oil is high and this project looks very interesting so we shall see.