FECCF - Frontera Energy Corporation
Repeat of what I wrote on FECCF board: I'm a bear on CGXEF and a bull on FECCF and here is why. They both peaked on 2/1/22. Since then, FECCF is UP about 7%, while CGXEF is DOWN over 50%! Why the huge difference? Because of the financial/business risk associated with CGX. Without funding, and likely further dilution, they cannot continue. FEC, on the other hand, has performed well because of the high likelihood of a commercial find. FEC share price will continue to grow as the discovery is further proven.
- - March 3, 2022:
- - March 1, 2022:
- - June 1, 2022: