cairnid, management have been spruiking over a number of years that this area is abundant with "black gold" "texas tea" simply put a stick in the ground and watch the oil flow. Unfortunately for long suffering shareholders they still cant find these massive reserves. They had a drilling program in 07 08 I think around ten or eleven goes and then they can only produce about 6-10 bopd. I know power is a problem as well as the usual hicups that go with a drilling program but dont you think they have had enough chances to get this right. I still see though that management do not miss out on entitlements. This will trade below where it was last year and that is .010. Will read the quarterly which will include the same old drivel that they have been feeding shareholders for the last 2 years. Full of smoke and mirrors and on par with MHL. Good luck to Ex2 KM DB and others that still have an interest....Uncle...
CIG Price at posting:
1.5¢ Sentiment: None Disclosure: Not Held
