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 (103)	3/25/1998 1:46:00 PM
From: tg49ers	Read Replies (1) of 223

The news sounds promising but the stock hasn't moved the way I expected. I think people really wanted to hear more info on flow rates, but seeing that their test tools were damaged, they weren't able to do any testing to provide that type of information. So it's just a matter of waiting on production testing (1-3 mths??). But I agree with Chris, the stock price should still go up based on the positive news release. Jim, how consistent is this info compared to what they predicted on seismic?

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