CXY cougar energy limited
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china projects update, page-6

  1. dolphin7
    283 Posts.
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    01/02/11
    09:52
    Post #: 7820205
    Share guru,

    I'm not as concerned about the timing of the China projects as I am about the support, being belief in CXY's technical ability through financial backing.

    Liquidity is the real danger now, with investors far more difficult to find post the DERM decision. If CXY management land the deal proposed, being $1m upfront and $3m towards a joint venture, something tangible has been created and the company lives on. Without it another option is needed and fast, as the company will not survive on vision and intention alone.
    CXY Price at posting: 4.5¢ Sentiment: ST Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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