Thanks M,lets hope that we get a huge boost to our sp.I'd be happy with a 30 bagger for sure.
Cannacord reduced thier target price to $2 because of the dilution due to the financing of 40m shares at 0.50 cents
We have 3 licences offshore Guyana,from the Venezuelan border,400km east to the Suriname border.Cgx has ID'd 16 prospects,with a potential of 300mb .The first ones drilled will be in the Jaguar Field,beginning in 2011,hopefully by the 2nd qtr,our share 250mb.
The Corentyne Field where CGX holds 100%,is estimated to hold 2.8 bb in the 3 prospects they have.
If successful,even partially,IMO,Sully could be under stating the sp.But one has to remember,all this drilling and analyses, will be perhaps, 4 or5 years or so, down the road b4 we see the FULL benifits of what we have.
Sorry ,kind of rambled on here.Cheers MF
Zibo, where are you?