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Bullboard - Stock Discussion Forum AvenEx Energy Corp AVNDF

GREY:AVNDF - Post Discussion

AvenEx Energy Corp > Elbow River
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Comment by Kherson on Oct 26, 2012 12:24am
Part ll:https://www.ogfj.com/articles/2012/10/a-tank-car-train-for-hire.html?cmpid=EnlOGFJOctober232012.html Kherson
Comment by billfox54 on Oct 26, 2012 9:18am
Great articles.  Thanks for the good read.  Interesting times ahead.  Bill
Comment by strzelin on Oct 29, 2012 2:23pm
Elbow River Q3 results usually are very strong. Management own forecast is that Elbow River will contribute up to 70% funds to the AVF dividends. If the oil by train trend continue Elbow River easily can generated over 20 million cash flow or ~$0.40/sh . If you apply very conservative 5 X cash flow multiples Elbow River can be worth at list $2 per  share. In addition Elbow have no long term ...more  
Comment by pone on Oct 29, 2012 3:55pm
Finding the rail cars will be really tough.
Comment by Kherson on Oct 29, 2012 4:34pm
 That is one of the reasons why Elbow River is so valuable in the present market... Kherson
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