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Msg  605 of 611  at  12/18/2009 6:44:35 PM  by

trying2win


CGX Energy

Been following CGX for years, but just recently picked up a few shares. They are targetting multi-billion barrel prospects offshore Guyana, and are shooting for the second half of next year to finally drill one of these elephant-sized prospects. Their data room is currently open to attract a JV partner on a promoted basis. Their acreage is surrounded by major international E&P's, and they're not expected to have difficulty farming out. With drilling success, estimates of value range anywhere from $20 to $100 per share. For a buck a share, it's a must-have for 2010 for the true speculator.


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