Replies to post #30520 on Cardinal Resources Inc fka CDNL

[grantastic]

Exactly my question! KJ claimed to have a signed contract with Cameroon in 2013, but didn't fulfill it for TWO YEARS before the EXIM bank's charter expired in 2015.

Even though the EXIM bank was rechartered later in 2015, and it's been almost another 2 years, STILL there's no production or revenue from Cameroon.

So aside from a 5-month lapse, the EXIM bank has been available for funding since KJ first announced he had a signed contract four years ago. Yet all we hear is random posters claiming "contract is being finalized" ... it's amazing how many times a sign contract needs to be finalized again & again & again!

Even more amazing: investors believed that baloney, and kept buying the stock as it kept dropping off a cliff!

Just curious.....if this is all fait accompli, than why is it taking so long?