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Message: CTA sale of non-core properties

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gemoz

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Re: CTA sale of properties + update

in response to CTA sale of non-core properties by gemoz

posted on Jan 19, 10 04:32PM

Looks like CTA has a manageable debt and enough funds for operation and good prospect for 2010. The share price even reached $1.61, today, as we know that Crocotta is 70% natural gas and 30% oil...

The price of N.G. might determine if CTA will continue to gain but if it can stay above $5.50, Crocotta is looking good. JMO.

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