Coelacanth Energy Inc. V.CEI

It's about time......

[mrmomo]

This has been on the chopping block and was being shopped around for some time now. The only surprises here, was the timing and the acquirer. Why did take so long for someone to finally take it out? My guess is that the majority owers were probably being difficult with value & pricing. in addition, i never expected Vermilion as being the one. When i was heavily invested in this sector in late 2020 to late early 2021, my top 5 takeout targets were Pony, Nuvista, Leucrotta, Crew & Kelt. Two are now gone and i expect more to come. I personally wouldn't be heavily investing in general in O&G producers at this time, as it's been in a decade long downtrend, especially oil, but there will be a few isolated, select opportunitiesin popping up in the NG portion of energy like Lucrotta in the coming 24 months, spurred by the crisis evolving in the Rissian-Ukrainian conflict and it's effects on Europe's sustainability.

Good luck & well done to all who've held on for so long, specifically looneytunes who's been its sole diehard fan on this fourm and especially this stock as it never made the major upward move as its peers.

GLTA

[loonietunes]

Thanks for that It's been a long wait!  Took the money @1.94 as well, a small position might as well have the cash rather than wait another month a half?  I've been thinking about another miner with a decent position in Canada aready cash flowing-call me Loonie?  On a sad note the guys a stockwatch cut off my free subsciption(thank you Google updates) I'll  only be

[Bennys65]

Just had a look at the spinco two rivers holding.Lxe drilled a boomer oil well there in 2018.I might be tempted to buy the spinco with their land spread 80 mill cash and oil potential.Anyone else look into the potential.?