CGX Energy Inc V.OYL

Westcan pride

[Frank007]

I agree they may get greedy ....De Alba is supossed to be a good negotiator .....if wha shedrill.  And fluid doc .....summized in their discussion ....an estimate of a billion barrels is not out of line .....if this consession goes for $6 per barrel in place that values fec at about $60 not counting the Colombia assets ....this could be a 10 bagger ...let's hope eh ...

[chulo123]

"De Alba is supposed to be a good negotiator". It is different when you are buying a broken company. I think anyone with money in his hand could be a good businessman  The other hand is when De Alba with his own greediness looking for a good deal with a company with lots of money in its pocket. I believe the core of this business passes through the ambition and humility of directors

[ljmorin]

I agree with you chulo, It seems that they seem to fail to understand that everyone and their dog knows CGX and Fronterra cannot develop this themselves and will continually be pressured now by the Government to get production moving forward. They want their pound of flesh and I don't blame them. They certainly don't hold all the cards. like they seem to think they do. The biggies can

[westcanpride]

"They certainly don't hold all the cards. like they seem to think they do." "The biggies can wait it out no problem". These two sentences sum up Feontera perfectly. Very powerful statements in my opinion!