Ive bought a few CIG today,why?well because they are drilling...

Ive bought a few CIG today,

why?

well because they are drilling their first wildcat in Kyrgyz in over 18months which has a target of 5M bls of oil and 40 bcf Gas
Just look at JPR drilling in next door Kazakstan


CIG also has 30% of 1Moz gold project in Africa with BYR where it is free carried, given the gold euphoria at the moment this adds a very interesting spin on CIG

Finally from what I can see it has 2M PRU shares worth $3m

Combine that with the $6m cash it will have after the cap raising and the fact that CIG own their own drill rig and Id say they really wont need to raise funds for some time

well worth a look DYOR