Post by
stark15 on May 08, 2021 10:16pm
my 2 cents *********
Given the options/facts on the table....i think WS and Oil Run pretty much tell the story of what will happen in the next few months.....this is not DeAlba's 1st time around the block....look at his resume.....as he has stated many times, he looks to "maximize value for our shareholders".....i agree with WS that i think there are 2 or 3+ major companies 'wanting in' and when u have that kind of attention, imho, the cards r in your hand....the way Oil Run laid it out, again imho, DeAlba would be a fool to take on a JV now.....they have the money and expertise for the 1st drill, which has been highly derisked.....why wouldnt u drill without a JV, get the results u almost know u r going to get (nothing is 100% i know), and MAXIMIZE the reward to shareholders......imho, its a no brainer.....and yes, the down side is once again, cgx shareholders will have to wait a little longer for their pot of gold (but not years, we r down to months now!)....there will be no spike for a JV signing although there will be a little run up to drilling.....we are right there fellow shareholders, just hang in a little longer and dont stress yourself by disecting EVERY little detail.....we have the right guy in charge and in place (FINALLY)....we r locked and loaded (drill rig secured).....our reward is at hand....GLTA !!!!!!!!
Comment by
soulfire on May 09, 2021 12:18pm
Wcp please do not feel compelled to post and rebutt. Whatever will happen will happen.
Comment by
jada13 on May 09, 2021 5:51pm
What I'm looking forward to is that $2.25 to $2.50 price when that drill starts to break the sea floor. Let's go it alone for greed sake. Most of us are in at the 0.20 to 0.30 cent range.