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Gold/Mining/Energy : coastal caribbean (cco@)

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To: bgarner who wrote (4644)7/8/2007 5:54:51 PM
From: Edwin S. Fujinaka  Read Replies (1) of 4686
 
Although I still have some stock, I am not following the Company much anymore. I think they are trying to find oil in Montana or somewhere.I expect that they still have another press release or two that will hint at a big oil find and the stock could see another pop to two or three times the current price. Don't hold your breath in hopes of any actual oil :-).

You are right that the original leases are gone. I think Coastal Petroleum got around $12.5 million but around half got to CCOB before evaporating and mysteriously leaving the Officers and BOD with a bunch of stock and options. Oh yes, they somehow acquired leases in Montana. So now we have a Company named Coastal Caribbean drilling in Montana. What could be more comical than that?
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