Wednesday, July 20, 2016 8:58:29 AM
Must see Video: Advantages of Bond Financing
http://study.com/academy/lesson/the-advantages-of-bond-financing.html
Those funding the bond would not have given CGRA those millions of dollars unless they would have completed their due diligence (DD) to confirm how such bond money would be used. It has been confirmed that the bond money is going towards their huge project that is located adjacent to Anadarko’s EOR Project in the Salt Creek Field, Wyoming's largest oil field, which has been sold to a Texas energy company and a New York private equity firm for over $2 Billion. The Anadarko property that is directly adjacent to CGRA’s property has over 2 billion barrels of original oil in place, with only a portion of that recovered to-date:
http://trib.com/business/energy/anadarko-sells-salt-creek-oil-field/article_8ac6ddbd-7810-5cac-8ab9-d5d4b0887d68.html
http://www.anadarko.com/
http://www.cgrowthcapitalbond.com/files/3414/4778/4745/Powder_River_Resources_Inc_-_Business_Plan_and_Detail_Aug_2015_Update.pdf
v/r
Sterling
Sterling's Trading & Investing Strategies:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=39092516
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