CE1 12.5% 0.9¢ calima energy limited

Ann: Montney Gas and Condensate Re-testing Program to Commence, page-19

  1. 2,779 Posts.
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    thanks for sharing retorn.
    On 22 March 2019 our valued hot Copper poster Motors introduces some scepticism into the announcement that day of testing flows from Calima-2 well of 9 million cubic feet of gas and 143 barrels of liquids per day. The shares have traded at 5 cents= $1.00 in today's post consolidation stock. The then MD Alan Stein enthuses that with this outstanding performance from Calima-2, we
    will have all the basic data needed to calculate the metrics to demonstrate that we have opened up a
    new liquids-rich Montney play in British Columbia

    and over coming months Calima shares commence their relentless descent to 1 cent ie 20 cents in today's stock.
    Today, we are hearing similar such enthusiasm from Calima directors.
    It's justified isn't it?
 
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