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Daily Stock Opinions and Ratings
Stockchase Opinions

Josef Schachter Candax Energy Inc. CAX-T COMMENT Oct 11, 2007

Starting to drill again in Tunisia. Having a tough time because the Chaal operation didn't work as expected. If they can get the volumes up, it could get back up to $1.00.
Josef SchachterJosef Schachter
No
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$0.880

Stock price when the opinion was issued

oil gas
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BUY

Candax Energy Inc.(CAX-T)

Apr 20, 2006
The cost of finding oil for them is very cheap. Had a couple of unsuccessful wells which took the stock down last year. Likes the management and they have the money.
Peter HodsonPeter Hodson
No
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$1.240

Stock price when the opinion was issued

oil gas
DON'T BUY

Candax Energy Inc.(CAX-T)

Jun 06, 2006
Very speculative stock with a lot of people watching the drill results. Not his favourite company.
Peter HodsonPeter Hodson
No
Unlock Rating
$1.160

Stock price when the opinion was issued

oil gas
DON'T BUY

Candax Energy Inc.(CAX-T)

Sep 14, 2006
Not on his stock watch list. Prefers sectors that are out of favour and then cherry pick. Not a lot to pick from in the energy sector. As a contrarian, would not buy at this time.
Benj GallanderBenj Gallander
No
Unlock Rating
$0.610

Stock price when the opinion was issued

oil gas
BUY

Candax Energy Inc.(CAX-T)

Nov 20, 2006
Speculative. Has $.30 in cash. Have been hit with an operating issue, but feels that the reserves are still there and will get at it. Very cheap.
Bill Harris, CFABill Harris, CFA
Owned
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$0.670

Stock price when the opinion was issued

oil gas
DON'T BUY

Candax Energy Inc.(CAX-T)

Jan 04, 2008
Caller: They just completed #2 injection well and are completing #3 production well. Estimated that 3000-4000 barrels a day will be produced. Ken - Chart shows an uptrend earlier in the year, followed by a pullback in August and is now basically sideways. It will become an uptrend if it breaks through its highs.
Kenneth P. Norquay, CMTKenneth P. Norquay, CMT
Unknown
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$0.930

Stock price when the opinion was issued

oil gas
DON'T BUY

Candax Energy Inc.(CAX-T)

Jan 24, 2008
Involved in Tunisia. The drill bit has not really cooperated the way people thought it would. Still waiting for news on a number of their plays.
Josef SchachterJosef Schachter
Unknown
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$0.790

Stock price when the opinion was issued

oil gas
DON'T BUY

Candax Energy Inc.(CAX-T)

Apr 04, 2008
Had a bounce recently because of their production from the El Bibane field, which was having some problems. Tunisia is a tough basin and they did not have the success expected on the gas and oil. He is sceptical on Tunisia.
Josef SchachterJosef Schachter
No
Unlock Rating
$0.780

Stock price when the opinion was issued

oil gas

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We paraphrase the experts by hand, we watch the shows and write down what we understood from the experts’ comments. We are human and can make mistakes, help us fix any errors. If you see something that you know is not right or if there is a problem with the site, feel free to email us at: hello@stockchase.com.

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