CNX 0.00% 7.4¢ carbon energy limited

Ann: Carbon Energy June 09 Quarterly Report and A, page-3

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    re: Ann: Carbon Energy June 09 Quarterly Repo... I agree that it seems to be concluded subject to shareholders approval.

    I doubt that the price has dropped for the reason to which you have referred. It is, IMO, general market malaise in the context of renewed globale uncertainty and a reduction in oil price.

    That said, I rate CNX as a buy at this level, being well under its recent highs.
 
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