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Gold/Mining/Energy : Cubacan Exploration (CCX - A.S.E.) Oil Exploration in Cuba
CCX 17.140.0%Sep 30 5:00 PM EST
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To: cgraham who wrote (192)7/12/1998 3:39:00 AM
From: Ben Jaded   of 223
 
To All:

My thoughts on this company vacillate between the following:
1) Is there really a hole in the ground in Cuba?
2) If the logs on the well are so hot, how come they can't come up with financing for testing or a decent JV in a timely manner?
3) Notice how this thread basically died right after the annual. Was this in response to the purported lack of funding? Is a squeeze taking place?

I don't have much money in this company, so I can't get too excited about it. However, I've been doing my homework and still don't know which end is up.

Any enlightening comments would be appreciated.

Thanks,
Ben Jaded
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