Hi All,
I, like all the other battle-weary CXY holders, have been a little passive the past few weeks in terms of posting as there really hasn't been too much for us to get excited about of late.
I am an eternal optimist (which is why i am still holding on and nursing some decent losses) so take this in that context but i finally see the first embers of hope around the corner:
1. for the first time in weeks there appears to be some buying momentum with CXY touching 0.8c today
2. our new CEO is now in place and hopefully will start getting out there and promoting this company and making some changes (he could start with updating the cougar energy website for one so it doesnt just say 'Under Revision' everywhere and make it look like there is a real company behind it). i honestly believe our share price would a lot higher if there was better investor relations communication and more transparency, e.g. regular updates on the projects, on the court case (even if 'no update but next hearing on x date') and clearer timeframes/deliverables communicated to the market.
3. most importantly why haven't they called on the ASOF facility on 26th July (they do it on or around the 26th of each month) but haven't done it this month. The only reason i can think of why they wouldn't is there is some good news around the corner and they want to release that first to boost the share price so it causes less dilution to the company to access the facility!!
Fingers crossed people!
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