CGX Energy Inc V.OYL

Re Harel

[taal]

What is wrong is that most of what you say is based on pure speculation...ie if cgx doesn't hit they are finished....you don't know that...it would be the same as any poster posting if cgx hit one billion barrels of oil ...we are all rich... A lot of IFS ....And yes we are well aware that Fec is the safer play...but not near the increase in share price that cgx will experience When we hit oil....not if... There you go ....speculation just like most of your posts only negative and fear mongering....

[Harel1976]

All my posts are based on facts when most here are basing their investment on speculation that this is a 100% hit. What would you think will happen if there is no commercial discovery, you are 20% dilluted and 50m$usd of debt? By the way i said its a possible company killer, you disagree?

[Mat1791]

Harel, I don't think anyone disagrees with the risks you are pointing out. However, your posts imply that no one should be taking on the added risk/reward CGX offers above FEC, and that's a personal decision. Obviously, you prefer to play this more conservatively, others do not.  Simple

[Harel1976]

I got burned very hard in the past and dont want it to happen to others so when i see the same upside with much less risk i point it out, thats it.

[Mat1791]

Fair enough... Others don't see it quite the same.  Ultimately, success/reward will make it's way into both company's stock valuation, but the timing of that value may be quite different. IMO, a good result could effect CGX quicker than it bakes into FEC.  So, perhaps the play is to capture the quicker bounce and then change players? Double dip??

[Harel1976]

agree, cgx doesnt have a lot of shares avileable so it will rise higher and quicker, but same on the downside, so the timing in my view is pre results, look at yesterdays bounce, you wouldnt see it in others stocks' now is the time to cash out and move to fec. imagine you move all your money to fec, its a duster and in a month you sell your shares with no loss and buy cgx at 0.2$ and hold 7

[Mat1791]

Harel, If I, and others thought this to be a duster, and in your opinion a company killer for CGX, which FEC owns 80% of... I wouldn't be in either!

[Ermosp]

I think it's reasonable to bring up risk management principles like this. These stock boards all lend towards hyper bullish psychology, and come down on anyone with even a whiff of downside speculation, telling them to get out of the stock. It's classic tribe/cult mentality, if you are not all in, then leave it. I don't think the geological odds have fundamentally changed based on the

[BlackGoldRefine]

I would agree with you to a point Ermosp, HOWEVER, I will state this again.  There is a difference between providing reasonable, founded information, even if bearish and then spewing nonsense in a bid to manipulate investors.  It's surprising how some can't seem to distinguish and defend this as "We should hear everyone's opinion".  In Harels case, some of the

[RightAngle45]

Harel  You are totally skeptical of CGX and invested in FEC so instead of warning investors of the risks on CGX which we are all aware of, just stay long on FEC and short CGX and you will have a win/win situation. 

[stark15]

Harel1976 wrote: "By the way i said its a possible company killer, you disagree?" This just shows how much u do not know about cgx and how long u have been around..... CGX has been through a gun boat incident with Suriname which halted drilling back in 2000.....it led to YEARS of squabbling until a settlement was reached with ITLOS....cgx has been through years of TERRIBLE management