I have followed other oil plays during drilling, to sell any shares now is throwing money away, the SP will continue a steady appreciation in anticipation of positive drill results.

If successfull insitu value of a BBL of oil is $15.00 +-, 300 mil bbl's on Corentyne alone which is 100% owned by CGX would be worth 4.5 bil MC or roughly $15.00 SP less royalty"s, add in the value of having PPL's on Georgetown (25% CGX) Corentyne Annex (100% CGX) and Pomeroon (100% CGX) these PPL's will have unbelievable value upon the discovery of oil offshore Guyana.

The current SP of $1.40 is about a minimum of 10% of the potential value a CGX share, as we get closer to TD (about 60 days for Corentyne) the demand for stock in this play will drive the SP up. I expect a minimum of $3.00 SP prior to drill results. JMO.