Kicking Horse Energy Inc. V.CEX

Big Clayton

[mymakingkupa]

Mr. Riddell just purchased a pretty good chunk of Contact. 2,200,000 shares. About a $890k trade.

[christos10]

he already owned 9% of the company. Did he buy more? is this just recently?

[mymakingkupa]

Yes believe it was on Friday. Might have had to wait a few days for the 2P revisions to come out.

[christos10]

Thank you mymakingkupa. Where will this be posted? Do u know?

[Domus]

https://canadianinsider.com/node/7?ticker=cex

[christos10]

Thank you domus

[mymakingkupa]

I think someone already answered this but yeah its the Canadianinsider dot com site. Clays trades in some of these companies can move the stock but he's probably playing these guys from a take over perspective. He is thinking a bigger name takes them out...likely an Encana which is really repositioning their mix to be more liquiids rich and less dry gas focused. So like originally the idea was

[Lunchisforwimps]

In my estimate, Contact has many options 1. Sell to Paramount, Seven Gen, other majors in the area 2. Merge with DCK for 75 percent of play combined...now they are in play. Add Questarre for 100 percent. 3. What about USprivate equity? These guys have lots of cash and liquids are hot. Theses guys tire kick the oil patch all the time. 4. Manage your own destiny. Raise money yourself and it is