CXY cougar energy limited

It seems obvious that the sp reteated in anticipation of the...

  1. 4,697 Posts.
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    It seems obvious that the sp reteated in anticipation of the shares being issued.

    Sitting at the present level, might we expect some further quick profit taking among the 90m shares issued at 3cents in the near term or will these bods hold given what factfinder suggests: "Note, CXY has a habit of rasing funds "just before really good news comes out" . . . . I wonder . . . . . ." ?

    I am intrigued by the lack of discussion here and see the reserved attitudes a little perplexing, particularly given the earlier calculation that CXY may well have a MC closer to $200m should one of the Asian interests come to fruition and the mid-April meetings in China.

    Am I missing something or is CXY well under valued as a speculative play due to the correction?

    Surely any serious Asian interest will wipe the floor in record time?

    It has my attention and I am accumulating again.

    esp.


 
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