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Daily Stock Opinions and Ratings
Stockchase Opinions

Josef Schachter Candax Energy Inc. CAX-T DON'T BUY 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
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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
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$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
COMMENT

Candax Energy Inc.(CAX-T)

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
Unlock Rating
$0.880

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)

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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