Gunz, thank you for your insight. I was foolishly drawn into CTP a long time ago (human time, not oil exploration time) based on their realestate, and I too expected they would be able to start drilling a day or two after they listed and be flooding the market with oil as we speak.
Alas they weren't able to perform to my expectations.
Based on your post I think I'll sell all my CTP then throw myself off the nearest bar head first into a spitoon!
potentially 12 billion barrels of oil not 2, page-75
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