You're out of CRXL? I figured you were there 'til death. That's shaping up to be a monster company. I'm scared to play the spikes and dips on it for now. Still, taking a solid profit is prudent... I did that with CMTL recently. So, I didn't get it all... A bird in the hand etc. etc.
You have to play the Canadians with the US versions but they track the same. Sometimes there's a 1-day lag and you may have to pay a little bit of a premium because of the hands it goes through. Longer term that doesn't matter.
Read up on the CGX web site. The Guyana basin is in the same trend as Yucatan, Venezuela, Trinidad and Surinam... Also in between is the Nicuaragua concessions where IFNY is working. Before the plates split off from Africa millions of years back it was the same trend as the Nigerian oil is in today.
It's speculative. I'm in it and I'm only saying keep an eye on it... I don't tell people to jump in with both feet on risky sh*t... You know me. I ain't Gooddoc or Dan.
CMD looks pretty safe and you might get a double this year. I've had dead money there for a couple years now but there's good news. (I just saved a pile of money on my car insurance with GEICO) Just kidding. CMD is coming around finally.
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