CIG caspian oil & gas limited

cig and the oil corridore

  1. 6,020 Posts.
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    http://earlywarningreport.com/mapcorridor.html

    You guys shouldn't be arguing about how high the price is going to go.

    The facts of the matter would appear to me to be - the Kyrgyz Republic is one of the last (if not the last) area within the oil corridore (where 70% of the worlds oil is thought to be) that represents easy onshore drilling (at least in summer!) and close to pipelines, markets etc.

    The stock price will go through 2.4c if there's enough volume - period.

    That previous blip to 2.8c was IMO just a precautionary test but with FUNDAMENTAL news following the updated data analysis using MODERN technology re-analysising OLD Russian seismic data areas - who knows what's under that dirt.

    But one things for sure ... go back through the insider buys and notice how a year or so ago the directors paid 2 and 3c and more for their shares and how they recently granted themselves 8.5m oppies at 3c.

    I personally like the idea that the time to consider selling is when the share volumes approach 20m - but not less than 10m.

    Can't see that being today or Monday!

    Note how the Russians and US are fighting over air base rights ... bet it has nothing to do with the War on Terror - more about the rights to oil!

    http://www.voanews.com/english/archive/2009-02/2009-02-14-voa3.cfm?CFID=273977642&CFTOKEN=20256007&jsessionid=88303ca1f068aa1e3dcd69106f6368133055

    Regards
 
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