CGX Energy Inc V.OYL

Board is slow.

[Devanand1]

I am beginning to read my own posts. This could not be good for my mental health.

[Rapsani]

As long as you don't answer your own posts then you are still good. Considering drilling may be a month away, it has been quite - on the board and in trading.   At least FEC has steadily increased

[soulfire]

decent volume overall today even in the US but we have gone down. I would bet my last dollar if CGX didn't own it already there is some sort of financing coming.... AGAIN!!!

[westcanpride]

For the life of me, if they aren't going to get a new JV, why not just do a open public financing for another 80-100 million new shares and get a fresh influx of close to $75-90 million new dollars? Given the overwhelming confiedence many ppl have in Kawa-1, proper press coverage and marketing would surely get new folks interested in the company and the new shares would get absorbed very

[whyworry]

WCP, I share your frustration.  I think it would have been prudent to install a larger credit facility.  If FEC is trying to project a willingness to go alone they should have funded more than one deep water drill.  There is simply too much riding on the upcoming well.  I have to believe the downside of a miss would be significant for CGX, and what is bad for CGX is bad for FEC