Like most people I have grown tired of the BS from CTP. We all know about the bezillion gazillion tons of coal and UCG bla bla bla. SNORE!
The only reason I bought back into CTP is for its South Georgina Basin tenemants (not all approved yet which is somewhat concerning) which adjoin Petrofrontier (TSX stock).
PFC did put together a good slide show regarding their upcoming plans in the South Georgina Basin http://jetslides.tv/lobby/462 , although, PFC is now a month late in starting, something to do with certification of the drilling rig(s).
If Petrofrontier do prove up a resource in the coming months that will probably save our investment in CTP, if not, there is not a snow balls chance in hell of CTP raising capital from anybody.
Keep your fingers and toes crossed that Petrofrontier find something. Until then I just hope CTP stop issuing unconvincing updates that make us all cringe.
CTP Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
