Claren Energy Corp (CNENF)

[Hamilcar54]

Thanks for the comments (I'm no fan of all the pumping/BS posts also as I'm sure most people want more rationality here).

The odds of finding oil are in our favour since the surrounding PEL's all have oil fields. If oil is found then the potential for this stock is huge since only for a small portion of the total acreage a seismic has been done and there remains a lot of room for further exploration and more oil...they could keep themselves busy for a lot of years on the current properties. We as early investors should do well then.

It now all comes down to execution, TGC/HENC have lacked in that regard the last year, they've wasted a lot of time (to the annoyance of all of us). With the last PR's and news flow that keeps coming I'm hopefull that we're now on track again. When financing is done then we're (finally!) ready to drill again.