Friday, January 25, 2008 6:05:25 PM
CHQ has nothing but debt ahead and SNG has the mayaro block which should be all oil. They also just got another 1200bbls from the company they just bought for around 4500bbls a day!! Also SNG has 45% of the proceeds and only is paying 23% of the costs. SNG has more deals to be announced soon. The real value is in SNG where I have over 100k shares invested. I'm so sure of this one I am betting the farm on it!! My avg cost is around 2 dollars so I am already way ahead. CHQ is more of a speculative investment. If anything goes bad they will hurt the most. Yes they have done great so far but we are only 1/3 of the way there with many more SNG deals on the horizon. Craig M is in charge now of SNG and that is the man I want to be behind cause he will take the company to 20-30 or more dollars in the next 2 years-you just wait and see. He did not leave BG for peanuts. This guy has many connnections in the investment world. This is probably the best stock I have ever come across in my 20 years of investing in O&G!!
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