CGX Energy Inc V.OYL

Re Silence

[taal]

I get it that everyone  is p..ssed and frustrated...including myself...but what reason would cgx management  want to keep the price under wraps...They are holding 260,000,000 shares of OYL...what good are those shares if in fact cgx goes bankrupt....The only logical reason  I could see is if they are going to do a share swap with Fronterra....but even that would not benefit them...on that note you can see how controlled  our share price is....
Why ????

[Schreibzey]

Not saying that this will or won't happen, but if FEC does a share swap with CGX at price $X, would that not hinder them when they need an operator or major partner for development of the block? Most certainly the price $X would be a function of the future farm-in price, so it would seem FEC would be awfully short sighted to do something like that.  FEC has a significant opportunity

[westcanpride]

Never underestimate the stupidity of some ppl Schreibzey.  Frontera has already proven they can fu*k up the proverbial pot of coffee with their latest news release/interpretation of the Santonian net pay. Houilian Lockey will have one hell of a task ahead of them. I hope they tell De Alba to shove it up his sorry as* when it comes to making any meaningful deal. Anything this man touches