re: Ann: June 2011 Quarterly Activities and C...
True tcisboss,I agree whole heartedly,the sad tale from the same report is that CIGs own rig cant drill the lower targets. The bloody drill rig has been a millstone around the companys neck IMHO,should never have bought it and never kept it. Moreover Id like to see some proactive news on the sale of CIGs noncore assets namely the royaltys asccociated with BYR in particular. Also high on my list is a replacement for GP,even though Ive go a fealing(for whatever thats worth that we may actualy find oil in commercial quantities at Malisu),in fact a major spill would be extremely beneficial for the average SHrs,not likely to happen however. Should I be lucky to recoop my intial investment some five eyars ago,I'll pull the pin.
Raider
CIG Price at posting:
14.0¢ Sentiment: None Disclosure: Held