Cubacan Exploration (CCX - A.S.E.) Oil Exploration in Cuba Message Board

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Gold/Mining/Energy : Cubacan Exploration (CCX - A.S.E.) Oil Exploration in Cuba

CCX 17.14

0.0%

Sep 30 5:00 PM EST

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To: Jim Hitchie who wrote (109)	3/28/1998 8:55:00 AM
From: E. Charters	Read Replies (1) of 223

Well, to excuse the expression, not to rain, but I understand that this is an oil play or the talk of pressure and gas would have been in there. I also understand that fracing is needed here because there is no flow or pressure. In actual fact I would say that they may have missed here. The precise reason they plugged the hole is not clear. (Gas, H2S, collapse?) I think they are smearing the data a bit here. Also let's face facts. I don't mind a promotion either but oil spies are fairly astute and the presence and kind of equipment being used is all they need to guess the progress. That should reflect in the price and insiders could not help but buy if there were a hit in a new field. Let's hope you are right, but the only way we will know here is if the stock knows it before we do. EC<:-}

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