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Reply to "CGX Oil Drilling Further DEFERRED"

Merry Christmas to all. I'll respond later.

quote:
Originally posted by Mr.T:
quote:
Originally posted by Dhall:
Both you and your sources are wrong. Educate yourself by going to the company website rather than spewing this nonsense.

quote:
Originally posted by Mr.T:
I have been reliably informed that CGX will be repaid by the Guyanese government for every single cent of the money that is spent on the drilling process. So there won't be any financial risks placed on CGX. Is that a common business practise in the drilling industry?


You think so? Then tell me why was that written in the contract that CGX signed with the Guyanese government on the 14th of October 2010? Or are you also claiming no such contract was signed on that date Wink. Or maybe you didn't know until now that such a contract was signed, let alone that I knew about it Big Grin.
FM
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