Post by
Schreibzey on Oct 10, 2024 8:43am
OYL Post on ST
https://stocktwits.com/Schreibzey/message/588531396
I can't post graphics here, but this is pretty interesting
Comment by
Strawboss1 on Oct 10, 2024 11:42am
This is what I feared would happen. So at todays prices CGX 14 cents, and FEC roughly, 8.00 ,that would be,a 60 cgx shares for one fec. In my opinion this would be a final,kick in the groin ??? They have drove the price down as low as they could get it, and now this ?
Comment by
Frank007 on Oct 10, 2024 1:48pm
This is actually good ...Cgx will rebound ..my call is sometime after the Oct17 ncib ...I still favour frontera but have lots of cgx and nibble when it's driven down ...my advice is you do the same ...it's all part of the manipulation game ...good luck ..
Comment by
a2bman on Oct 11, 2024 1:22pm
strawboss Im struggling to follow your logic . do you think youll get fec for cgx shares IF a deal gets done?? how does this ratio relate to the stocks. the fec sib is at 12 so they think its worth at least that. if it goes to 12 your ratio gets worse but what does that matter
Comment by
Frank007 on Oct 11, 2024 2:48pm
The book value for frontera ...without Guyana is $29 u s ...about 40$ Canadian $ ....frontera should be going for about $80 per share ...that is what the ncib shake out is about ...buy some cgx too if you have some cash ...